Purchase

Arch Capital Group's mortgage insurance business had second-quarter underwriting income of $184 million, up 343% from the $41.4 million for the same period last year.

About 33% of millennials who purchased their first home say the desire to have a better space or yard for a dog influenced their decision to buy.

Bay Area home prices have continued their stratospheric surge, as the low housing supply combined with intense demand last month to further heat up the market.

JPMorgan Chase’s home lending unit is trying to position itself as the solution for millennials who increasingly want to buy their first homes despite rising prices and other affordability hurdles.

In many corners of Southern California, home prices have hit record highs. And they keep going up.

Loan application volume increased 0.4% from one week earlier, according to the Mortgage Bankers Association, as rates fell to their lowest level in three weeks.

The housing market is stabilizing near 10-year highs, according to government data Wednesday that showed sales of new homes were slightly less than forecast.

The story of the Central Indiana housing market has remained remarkably consistent for several months: There are too few houses for sale and prices keep going up, up, up.

Sales of existing homes grew less than 1% in June in Wisconsin and the United States, held back by a short supply of houses for sale.

Steady price gains in 20 U.S. cities in May indicate that a tight supply of properties paired with increased demand is boosting home values.

The momentum Chicago-area housing sales had earlier this year has faded.

Strong housing demand continued to outpace supply in June, in large part because millennial buyers are on the rise, according to First American Financial Corp.

A slowdown in sales of previously owned homes shows how lean inventories are keeping prices elevated and limiting purchasing options.

Foreign buyers continue to find California residential real estate very attractive, but it looks like the growth of international deals in the state trails a national upswing.

The national median home value was above $200,000 in June, breaking a barrier that was not reached during the housing boom.

When market prices rise faster than comparable home sales values it is imperative for lenders to ensure property valuations are accurate, support the sales price and completed in a timely fashion to keep deals from falling through. (Part four in a four-part series on the mortgage industry's response to the housing inventory shortage.)

Two reports this week are singing harmony about the metro Atlanta housing market: there are fewer homes sold, while the ones that are selling are going for higher prices.

The share of closed purchase loans remained flat in June, affected by the lack of homes for sale, according to Ellie Mae's Origination Insight report.

Mortgage loan application volume increased 6.3% last week as interest rates remained flat after a sharp gain during the previous 14-day period, according to the Mortgage Bankers Association.

Home sales — and prices — reached a new high in the Twin Cities area last month, but the dearth of listings continued and may soon put a brake on deals.