Both rising mortgage rates and rising home prices are increasing what homebuyers will have to pay each month. While mortgage rates are largely national, home prices are local, so the increase in monthly payments will vary market to market.
CNBC's Diana Olick reports on the combination of rising mortgage rates and home prices slamming affordability.
With home equity at an all-time high, homeowners could start turning more often to this source of lower-cost debt.
CNBC's Diana Olick reports on mortgage applications falling.
Homebuyer demand is strong, but affordability was weakening even before rates began to rise, as tight supply pushed home prices sharply higher.
A monthly reading of homebuilder sentiment rose one point in October. Builders cite the drop in lumber prices as well as strong demand for housing as the driver of the gain. Builders continue to be faced with higher costs for land and labor.
CNBC's Diana Olick reports of uncertainty in the housing market as lenders react to rising rates.
As student loan balances swell, this debt burden is starting to compete with mortgages.
Following the subprime mortgage crisis, low-income borrowers with low credit scores were locked out of homeownership. Now a major player in the subprime crisis is backing new loans to the same borrowers but with a far different product.
A Miami attorney accuses Bank of America of getting rid of loan records that he claims may have contained evidence of fraud.
CNBC's Diana Olick is joined by Stuart Miller, CEO of Lennar, to discuss how interest rates are a "one-two punch" for housing.
Extremely weak demand for mortgage refinances has been driving the overall drain on mortgage lending. Refinance volume fell another 3 percent last week and was 32 percent lower than a year ago.
Mortgage rates moved to the highest level in 8 years, and confidence in housing is now slipping. This as millennials are smack in the middle of their prime home buying years. Rates are expected to move even higher going into next year.
Wall Street is abuzz this week amid a surge in the benchmark 10-year Treasury note yield. But why should investors care?
CNBC's Diana Olick reports that mortgage rates are at the highest level in more than 7 years.
Mortgage fraud risk jumped more than 12 percent year over year at the end of the second quarter, according to CoreLogic, which measures six fraud indicators: identity, income, occupancy, property, transaction and undisclosed real estate debt.
Mortgage application volume last week sank 15 percent from last year but was unchanged from the previous week, according to the Mortgage Bankers Association.
CNBC's Diana Olick reports that there is a rising risk of mortgage fraud.
Nima Ghamsari, co-founder and CEO of Blend, joins CNBC's Diana Olick to discuss the surge of mortgage fraud risks.
Total real estate sales in Manhattan fell 11 percent in the third quarter compared with a year ago, marking the fourth straight quarter of double-digit declines, according to new data.