Purchase

Purchases of new homes increased in February to a seven-month high, indicating the effects of the recent rise in borrowing costs on the residential real estate market have been modest.

Orange County, Calif., home sales dipped in February, a time when sales typically rise, a new housing report shows.

In Broward County, Fla., median home sale prices increased and inventory on the market decreased in February.

Mortgage applications decreased 2.7% from one week earlier after the Fed announced a rate hike, according to the Mortgage Bankers Association.

Sales of previously owned homes declined in February after rising a month earlier to the highest level in a decade, according to the National Association of Realtors.

Mortgage lenders have already begun to feel the burn of higher interest rates.

Loans originated in the fourth quarter of 2016 carried less credit risk, according to the latest Housing Credit Index from CoreLogic.

February homes sales fell 2.6% in Wisconsin, but a shortage of homes on the market is leading to higher prices.

Lennar Corp. reported fiscal first-quarter earnings that beat analysts' estimates and said new orders increased, signaling the start to a strong spring selling season.

Homes for sale listings are scarcer than they've ever been entering the spring selling season.

Only 3.5% of homeowners in Houston have taken out a second mortgage.

Skyrocketing home prices and fierce competition for jobs in the Golden State are prodding poor families to pack up and head to Texas.

There's no affordable homes left in Boulder County, according to a new affordability study.

The strongest pace of single-family homebuilding in nearly a decade drove residential housing starts to a four-month high in February.

Scant listings of houses for sale in the core Orlando market pushed up home prices by 2.6% during the one-month period of February.

Slim pickings put a lid on home sales in the Twin Cities metro last month, the Minneapolis Area Association of Realtors said.

Confidence among homebuilders is the strongest since the mid-2000s housing boom as sales prospects improve despite rising mortgage rates.

Reflecting the post-election interest rate rise, closed purchase loans were 57% of February's total volume, according to Ellie Mae's Origination Insight report.

Prices for residential real estate on Maui were higher in February, but sale volume was mixed between single-family houses and condominiums.

Economic growth expectations remain the same despite the rate hike the Federal Reserve is expected to announce, Fannie Mae said Wednesday.