Purchase

New home construction in the U.S. rose more than forecast in June, providing some momentum for residential real estate near the end of its busy selling season.

Mortgage originations typically surge in a low-rate environment. Second-quarter reports should show an uptick in fees from selling those loans, but what will bankers say about the rest of this year?

While all prospective homebuyers may face challenges to buying a home, the perception of what those obstacles are can take different forms based one's race or ethnicity.

PNC Financial Services Group's mortgage income rebounded in the second quarter as the company's servicing hedging activities returned to profitability.

Mortgage applications for new home purchases dropped slightly in June, according to the Mortgage Bankers Association.

Mortgage applications increased 7.2% from one week earlier as the lowest rates in three years have brought consumers in to refinance, according to the Mortgage Bankers Association.

Refinance requests have skyrocketed due to falling mortgage rates after voters in the United Kingdom voted to leave the European Union, according to Zillow.

Home purchase sentiment has fallen as more people have turned negative on the economy's outlook, according to Fannie Mae.

Mortgage applications increased 14.2% from one week earlier as rates dropped in reaction to the Brexit vote, according to the Mortgage Bankers Association.

Home prices registered an average year-over-year gain of 5.9% in May, according to CoreLogic's Home Price Index.

The scheme is used by borrowers who don't have enough income to qualify for a regular mortgage, so they apply for a higher rate non-owner-occupied loan.

As the mortgage industry swings more toward purchase loans and away from refinancings, its risk from material misrepresentations increases.

Loan application defect risk continued to decline in May, according to First American Financial Corp.

Mortgage application activity decreased 2.6% from one week earlier, according to data from the Mortgage Bankers Association.

Home prices in 20 cities rose at a steady pace in April from a year earlier, a sign demand for residential real estate remains solid enough to support both buyers and sellers, data from S&P/Case-Shiller showed Tuesday.

Big banks have drastically reduced their share of the Federal Housing Administration market, a massive shift that has big implications, according to new analysis by the American Enterprise Institute.

The market gyrations following the United Kingdom's vote to leave the European Union have an upside for mortgage lenders, as already-falling interest rates are expected to boost home purchases and refinancing.

Steve Victor, a 33-year-old IT contractor from London, says he's pulling out of the purchase of a new four-bedroom home in the town of Bedford after Britain voted to leave the European Union.

Carrington Mortgage Services has added conventional loans to the portfolio of products offered by its wholesale lending division.

Mortgage applications increased 2.9% from one week earlier as interest rates remain at three-year lows, according to the Mortgage Bankers Association.