Affordable housing

The Department of Housing and Urban Development has come out with updates to the standard and limited FHA 203(k) program that the mortgage industry welcomed.

Major homeownership expenses now account for 35% of the average American's wages as housing market challenges continue, according to Attom.

Year-over-year home price growth was at its slowest pace since October, Corelogic's Home Price Index report said.

Interested participants will have until July 26 to submit responses through the enterprise's contractor platform.

Trade groups were disappointed that the challenge posed by high home prices came up only twice as the current and former presidents faced off.

Local governments must use funds to address hurdles in zoning, financing and infrastructure to produce new units and preserve others.

The Federal Housing Finance Agency wants feedback on how the Federal Home Loan banks can improve their affordable housing programs, including efficiencies in the application process.

The agency is giving funds to 23 providers in 15 states and the District of Columbia.

Home inventory on the market increased in May, but stubbornly high mortgage rates and home prices are leading to slow sales in many areas, according to reports from Redfin and Zillow.

The Massachusetts House passed a bill that would ease the process for property owners looking to build accessory-dwelling units.