Purchase

Homes were less affordable than their historic averages in 24% of U.S. markets as prices rose and wage growth slowed, according to Attom Data Solutions.

Contracts to purchase previously owned homes fell to a seven-month low in August, held back by a tight supply in the housing market.

The red-hot growth in home prices across the West is starting to slow in some cities as sticker shock and low inventory put off weary buyers.

Low interest rates are keeping the housing market strong even as affordability keeps declining, according to Freddie Mac.

Mortgage application volume was down on lower refinance activity, even though rates declined from the previous week.

In some housing markets, the right combination of wages, home prices and rental market conditions makes owning a home a virtual no-brainer. Here's a look at the top markets with the largest affordability spread between owning and renting.

Home prices in 20 U.S. cities continued to gain at a solid pace in July, according to S&P CoreLogic Case-Shiller data.

Income gains and lower mortgage rates contributed to an uptick in affordability in July across most major markets in the country, according to First American Financial Corp.

Purchases of new homes dropped in August after surging a month earlier to the fastest pace since 2007, representing a pause in momentum within residential real estate.

The average sales price of a new mobile home was $67,800 in April, compared with an average sales price of $380,000 for a site-built home.

Mortgage loan officers keep an eye on the long game, but making a sale is more than the sale; ushering people through the biggest purchase of their lives requires the ability to maintain relationships over time.

Lennar Corp. agreed to buy WCI Communities Inc. in a deal that values the Florida real estate company at about $643 million.

Sales of previously owned homes unexpectedly declined to a six-month low in August, signaling buyers are getting discouraged by a lack of properties to choose from.

Mortgage applications decreased 7.3% on a seasonally adjusted basis from one week earlier as refinance activity was at its lowest level since June.

House hunters frustrated by a shortage of listings should consider the Sunshine State.

Gains in employment and income are beginning to have a positive influence on home sales, according to First American Financial Corp.

The National Association of Hispanic Real Estate Professionals has created a glossary that provides Spanish translations of terms used by the real estate and mortgage industries.

Lennar Corp., the second-largest U.S. homebuilder, reported fiscal third-quarter earnings that beat analysts' estimates as low borrowing costs and job growth bolstered buyer demand for houses nationwide.

Economic growth in the second half of 2016 is expected to outpace the rate seen in the first half of the year, according to Fannie Mae.

The Department of Housing and Urban Development is taking a harder look at how mortgage lenders treat borrowers with limited English language skills.