Purchase

New loan applications for home purchases increased 19% from one week earlier as customers scrambled to get the process started in a rising interest rate environment, according to the Mortgage Bankers Association.

Purchases of new homes declined in October to a four-month low, showing the residential real estate market began to soften a month prior to a jump in borrowing costs.

Renewable Funding, emboldened by the success of its first three trips to the securitization market, is preparing to finance an even larger portion of its lending for energy efficiency upgrades.

Tight lending standards resulted in 1.1 million fewer mortgages being originated than if looser requirements were in place, according to the Urban Institute.

Sales of previously owned homes unexpectedly climbed in October to the highest level since February 2007, a sign of momentum in the housing market a month before a jump in borrowing costs.

The U.S. economy is expected to continue growing modestly in 2017, but the unknown about policies to be enacted by President-elect Donald Trump's administration pose both upside and downside risks, according to Fannie Mae.

Fifth Third Bancorp in Cincinnati has expanded its community development pledge to $30 billion.

New-home listings declined significantly in October even as increased demand continued to drive faster sales times and higher prices, according to Redfin.

Mortgage rates for 30-year loans skyrocketed to a 10-month high as investors reacted to Donald Trump's presidential election win by pulling money out of the bond market, driving up yields that guide home loans.

New-home construction jumped to a nine-year high in October as an outsized advance in the number of apartment projects accompanied a strong pickup for single-family housing.

Refinance activity rose as a share of overall closed loans in October, according to Ellie Mae's Origination Insight Report.

Confidence among homebuilders in November remained near the highest level this year, a sign of strength in the residential real estate market.

Mortgage applications slumped last week after the sharpest increase in borrowing costs since mid-2013, signaling tougher sledding for the housing market.

The spike in borrowing costs in response to President-elect Donald Trump's pro-growth agenda is causing some heartburn in America's housing industry.

The number of mortgage applications for new home purchases increased in October, along with the average loan size, according to the Mortgage Bankers Association.

Industry forecasts for 2017 mortgage volume assumed a continuation of current housing and economic policies under a Hillary Clinton administration. But with Donald Trump's win, analysts are sorting out what, if any, adjustments are needed to those projections.

Mortgage application volume decreased 1.2% from one week earlier as rates increased to their highest level since June, according to the Mortgage Bankers Association.

The Justice Department has widened its investigation of Fulton Financial’s mortgage lending practices to include four new units.

Home purchase sentiment fell for the third straight month in October, reflecting the uncertainty consumers face, according to Fannie Mae.

After nearly eight years of record-low mortgage rates and booming refinance volume, many signs indicate the run is winding down. Here's a look at 10 steps lenders should take now to stay profitable when rates rise and purchase loans drive the market.