Purchase

The number of consumers looking to buy a home reached an all-time high in January.

Home prices rose by more on a monthly basis in New York than in any other state in the country

Contracts to buy previously owned homes declined in January due to higher rates and prices

Home prices in 20 cities rose at the fastest pace in the 12 month period through December

A consumer's home purchase power declined in December as a result of higher interest rates.

The reduction in refinance activity as the mortgage industry pivots toward purchase transactions amid higher interest rates has caused loan defect and fraud risk to rise, according to First American Financial Corp.

Small investors, not first-time homebuyers, are driving home prices to unaffordable highs, according to a new report from Attom Data Solutions and Clear Capital.

Purchases of new homes in January were slower than forecast, signaling an increase in mortgage rates may be giving some potential buyers pause.

Home value appreciation is ramping up in housing markets across the South, led by cities in Tennessee, Florida and Texas.

Sales of previously owned homes climbed for the fifth time in six months to the highest level since 2007, indicating housing-market momentum will extend into 2017.

With low down payment and credit score requirements, the Federal Housing Administration loan program is an attractive option for first-time homebuyers. Here's a look at the top 10 housing markets for FHA lending.

Freddie Mac is ramping up its use of credit risk transfers, completing $215 billion in single-family transfers last year, up to $600 billion since 2013.

The change of power in the White House will not affect Fannie Mae's focus for 2017 in bringing innovations similar to the Day 1 Certainty program to its customers, CEO Timothy Mayopoulos said in an interview.

The new entity, called Guaranteed Rate Affinity, will primarily originate and market its services to Realogy's real estate brokerage and relocation subsidiaries.

PHH Corp. has struck a deal with LenderLive to sell its private-label mortgage operations in Jacksonville, Fla., to the Denver-based mortgage services provider.

JPMorgan Chase has partnered with fintech firm Roostify to build a digital self-service mortgage platform that will allow consumers to upload and electronically sign mortgage documents.

Despite the implementation of the TILA-RESPA integrated disclosure rule, more than half of homebuyers continue to be surprised by closing costs, according to a report from ClosingCorp.

Freddie Mac's net income increased to $4.8 billion in the fourth quarter, more than double what it earned a quarter earlier, the government-sponsored enterprise announced Thursday.

Builders started work on more homes than forecast in January after an upward revision to starts in the prior month, a sign construction was on a steady path entering 2017.

Loan applications for new home purchases increased 9.2% year over year in January, according to the Mortgage Bankers Association.