Technology

Purchases of previously owned homes unexpectedly rose in July to a 10-month high as low borrowing costs and an increase in inventory drew buyers.

Mortgage rates in the U.S. dropped for a second week, sending 30-year borrowing costs to the lowest point for 2014.

Millennials may be the first group of homebuyer-aged Americans that don't buy into the American dream — at least not the homeownership part of it.

This year's spring home-buying season boosted the nation's housing market, according to Realtor.com.

Mortgage applications for purchases and refinances were higher than the week before as interest rates continued to fall towards historic lows.

IMH Financial in Scottsdale, Ariz., reported a loss in earnings for the second quarter, as operating expenses outweighed gains from mortgage loans.

The Mortgage Industry Standards Maintenance Organization will release two residential mortgage data standard updates in November 2014 and July 2015.

Consumer credit default rates continued declining to historical lows in July.

Housing starts surged in July to the highest level in eight months, underscoring the recent pickup in builder optimism as the residential real estate market gains some traction.

Second-quarter data show housing activity has lost momentum and may experience only minor improvements in the second half of the year, according to a Fannie Mae's Economic & Strategic Research Group.