To help increase earnings, the homebuilder is shifting its focus to higher-priced homes.

"More sellers are entering the market partly because some of them have come to terms with today's somewhat slow housing market; they are accepting that they may need to sell for a slightly lower price than they want, and it may take them slightly longer to do so," Redfin said.

FHFA could soon revise loan level price adjustments at the GSEs.

Elevated interest rates and declining consumer confidence are cutting in to demand for home purchases.

The GSE is selling two pools of nonperforming loans, its first NPL offerings in more than a year.

A rise in purchase-mortgage volume wasn't enough to offset declining refi activity.

Expenses reached their lowest level as measured by basis points since the third quarter of 2021.

“The highest mortgage rates of the year hit right in the middle of summer, and that’s pulling back contract signings,” said Lawrence Yun, chief economist at NAR.

The $337.5 million expanded-credit MBS Annaly Capital Management is marketing is much smaller than any other expanded-credit MBS the firm has issued this year.

Nationally, home prices declined by 0.5% on a monthly basis in July, according to First American Data & Analytics.