Purchase

Sales of previously owned U.S. homes dropped more than forecast in February as low inventory levels continue to limit progress in housing.

There are more millennial homebuyers in Boston and Pittsburgh than in the rest of the country's 50 largest cities, according to a study released Thursday by LendingTree.

A small Connecticut bank takes the plunge into mobile-friendly mortgages in a bid to turn an attractive pool of student-loan borrowers into lifetime customers.

Maine Savings Federal Credit Union in Hampden has introduced a program to give homebuyers up to $15,000 in down payment and closing costs.

It took an average of 46 days to close a residential mortgage loan in February, the shortest closing time since May, according to Ellie Mae.

Single-family housing construction is set to top multifamily start for first time since the financial crisis.

Contrary to popular narrative, low interest rates are one of the reasons to be excited about the long-term outlook for housing.

New home purchase mortgage application volume increased month-over-month in February, as mild weather and low rates encouraged a busy start to the spring buying season, the Mortgage Bankers Association said.

Cities may be the top choice for millennials who rent apartments, but young homebuyers are moving in droves to the suburbs, where prices are lower and backyards are plentiful.

Mortgage applications ticked up slightly last week, as low refinance activity continued to offset gains in new purchase applications, the Mortgage Bankers Association said.

Rising home prices in hot housing markets are robbing buyers of a favorite pleasure: looking at pictures of homes they can't afford.

Economic data and corporate earnings reports released Tuesday make it easy to remember why the housing market is expected to be one of the economy's bright spots for years to come.