Purchase

Central Texas home sales rose just over 3% in April and the median price of those sales hit $305,000 — the second-highest level ever.

Here's a look at the 12 cities where the number of affordable homes increases the most when buyers have a 20% down payment rather than only putting down 10%.

U.S. Treasury Secretary Steven Mnuchin has taken pains to stress that the Trump administration isn't out to kill Americans' beloved mortgage-interest tax deduction — but a side effect of the plan could turn it into a perk for only the wealthy.

Only 32% of California households could afford to purchase the $496,620 median-priced Golden State home in the first quarter of 2017, according to a report issued by the California Association of Realtors.

Unexpected declines in new-home construction and building permits in April indicate the market is off to a weak start this quarter.

Existing home sales prices increased on an annual basis by the most in eight quarters as new listings failed to keep up with the surge in demand, the National Association of Realtors said.

There were fewer new home purchase loan applications in April, as year-over-year activity declined for the first time in 2017.

Mike and Elaine Morgan never envisioned moving from Butler Tarkington to a home just outside Sheridan, but that's where today's fast-paced housing market took them.

Orlando-area home sales and prices were down in April from March in a real estate market where limited inventory may have thwarted sales, according to a new report.

Nexera Holding, which has operated as an online lender under the name Newfi, is applying that branding to the company as a whole.

Cities in the South are more affordable for first-time homebuyers because of less competition and lower prices, according to Zillow.

The Ventura County, Calif., housing market is enjoying a strong start to the spring selling season, but a lack of midrange housing inventory remains an issue that is pushing prices higher.

Pending sales of existing detached homes in the Albuquerque metro area during April shot up 23% from a year ago.

The six private mortgage insurers are jockeying to differentiate themselves with value-add services that complement their core product.

The Houston region saw more homes hit the market in April, boosting inventory and providing additional options to eager Houstonians.

Home prices continued to climb in April as Southern Nevada now has less than a two-month supply of homes available for sale.

Mortgage applications increased 2.4% from one week earlier as there was little movement in interest rates, according to the Mortgage Bankers Association.

The gap between what homeowners believe their home is worth and what the actual value widened for the fifth consecutive month in April, according to Quicken Loans.

Here's a look at the 12 markets where rising home prices, along with shifts in wages and interest rates, have combined to put the most downward pressure on consumers' purchasing power.