Housing affordability

Consumer sentiment about purchasing a home nears its record high as almost half of those surveyed said mortgage rates will stay at the current low levels, according to Fannie Mae.

A city agency that in recent years lost its luster as a place where low-income New Orleanians could go for low-interest mortgages is set to re-emerge as a key player in plans to develop more affordable housing in the city.

Galvanized by the Moms 4 Housing standoff that drew national attention to the region's affordability crisis, Oakland officials may soon overhaul the way homes are bought and sold and other Bay Area cities are considering similar measures.

With steady home price appreciation and falling interest rates, by some measures the shares of distressed mortgages existing in the market shrunk to record lows, according to Black Knight.

For people in their 20s and 30s, New Hampshire's home prices are rising as fast as their concerns over affording a place to live.

Homeownership is one of the fastest ways for people to build wealth and giving down payment assistance provides creditworthy borrowers an opportunity to buy a house they otherwise wouldn't have, according to the CBC Mortgage Agency.

Between 2014 and the third quarter of 2019, the median price of a single-family home in the Boise area increased 75%, to $303,100 from $172,900, according to the National Association of Realtors.

A significant number of millennials planning to purchase their first home during 2020 have not yet taken the financial steps necessary to successfully complete the process, a TD Bank survey found.

Sales of new homes cooled for a third month in December, signaling a potential pullback after purchases climbed to some of the best levels in more than a decade amid lower borrowing costs and a solid labor market.

Bidding wars for Bay Area homes have scraped new lows, as buyer fatigue with high prices and stressful deals saturates most of the region.