Purchase

While the housing market is expected to cool down a bit in 2017, the National Association of Realtors has identified these 10 metro areas as the top markets for next year.

Higher mortgage rates are expected to put a damper on the housing market's potential along with home price appreciation next year, according to First American Financial Corp.

Rising interest rates have turned mortgage lenders' post-election outlook on profit margins bearish, according to Fannie Mae.

New home construction fell more than forecast in November after surging a month earlier to a nine-year high, indicating fitful progress in residential real estate.

Confidence among homebuilders surged in December to an 11-year high on prospects the election of Donald Trump will translate into a smaller regulatory burden on the industry.

Mortgage rates moved higher for the seventh consecutive week, a sign that the markets are still in flux after the presidential election, Freddie Mac said.

The forecast for mortgage origination volume moved down for the first quarter of 2017 in the wake of the second interest rate hike by the Federal Reserve in a decade, according to the Mortgage Bankers Association.

Higher rates and lower consumer confidence are expected to put a damper on existing home sales in 2017, according to the National Association of Realtors.

The inventory of starter homes is shrinking at an increasingly faster pace, leaving first-time homebuyers with fewer and more expensive options, according to Trulia.

Southern National Bancorp of Virginia in McLean has agreed to buy Eastern Virginia Bankshares in Glen Allen.

Millennials are the most optimistic about the state of the U.S. real estate market, while most American express favorable opinions about housing, according to Berkshire Hathaway HomeServices.

Mortgage applications for new home purchases rose 12% year over year in November, according to the Mortgage Bankers Association.

Rising mortgage interest rates affect the volume of refinance and purchase originations, but don't necessarily spell bad news for home prices, explains Fannie Mae Chief Economist Doug Duncan.

From the rising influence of millennials to shifting trends in home prices and housing inventory, here's a look at the top housing market trends for 2017.

Two reports released Wednesday indicate mixed reactions to the presidential election where consumers' attitudes toward housing are concerned.

Loan volume and balances increased in the third quarter as costs stabilized, according to data from the Mortgage Bankers Association.

Mortgage application volume decreased 0.7% from one week earlier, as conforming and jumbo interest rates reached their highest level in over two years, according to the Mortgage Bankers Association.

U.S. Bancorp in Minneapolis has raised its expectations for its net interest margin in the fourth quarter, citing the recent increase in benchmark rates.

Home price increases in the country's largest states fueled price appreciation nationwide in October, according to CoreLogic.

Although he has since walked-back his original pledge to deport 11 million people, if President-elect Donald Trump attempts to fulfill his campaign promise, the damage to the housing industry would be substantial.