Funding needed to construct houses is fairly plentiful, but homebuilders are still having trouble lining up financing to purchase and develop land. As a result, buildable lots are in short supply and far more expensive. more »
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The financial crisis turned a lot of Americans into renters, because they couldnt keep paying their mortgage, or because high unemployment and stagnant wages in the ensuing years forced them to put off homeownership.
The Federal Home Loan Bank system is not a private country club and shouldn't be operating as one. Captive insurance companies represent new potential to expand homeownership opportunities for credit-worthy borrowers.
Strong demand for rentals will keep pace with new construction over the next few years, the government-sponsored enterprise says.
Higher refinancing activity helped fuel an increase in overall application activity for the week ending Feb. 5, according to the Mortgage Bankers Association.
Redwood Trust said it will stop originating commercial mortgages for securitization and focus solely on investing in bonds backed by commercial mortgages originated by others.
Dallas-Fort Worth home prices were up almost 9% in the fourth quarter in a closely watched housing report.
There were 3.1 million homes and condos sold during 2015, a nine-year high. From the Twin Cities of Minneapolis-St. Paul to Salem, the capitol of Oregon, here's a look at the 10 markets with the biggest year-over-year percent increases in home sales.
The Department of Housing and Urban Development has slowly been moving away from funding transitional housing for homeless to a housing-first model.
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