Affordable housing

Homes are 4.4% more affordable, the first annual improvement in years, while first-time buyers with lower incomes can qualify for a median priced house.

State housing finance agencies had a resurgent fiscal 2023 and the recent fed funds rate reduction could have a mixed impact on them, Fitch Ratings said.

Building on a prior initiative, the Federal Home Loan Bank of Atlanta is making available $5 million in grants to support efforts to assist owners of heirs' property.

The government agency also finalized a rule that will bring virtual home buyer counseling services to consumers.

Changes to the Manufactured Home Construction and Safety Standards include allowing the building of two-to-four family units on a permanent basis.

California lawmakers have sent a bill to Governor Gavin Newsom's desk that would expand a state-backed down payment assistance program to undocumented immigrants who are looking to buy a home.

Middle-income homeowners are feeling the pressure of rising property prices, but aid efforts from federal agencies are stepping in to create new funding sources and provide additional support.

Vice President Kamala Harris' pledge to deliver 3 million homes has drawn applause from homebuilders, lenders and affordability advocates, but experts are uncertain how her administration would pull it off.

Without considering the potential of building equity in a property, in 48 of 50 markets renting was better; appreciation flips that to 29 cities in favor of buying, First American said.

The possibility of moving stalled housing bills forward combined with promises of down payment assistance is offering hope to housing advocates.

Borrowing costs have fallen to their lowest level in more than a year as inflation metrics drop to 2021 levels, seemingly vindicating the Federal Reserve's decision to maintain their restrictive monetary policy.

The administration will release $100 million in grant funds focused on slashing red tape at the state and local levels, and will advance other programs to increase home construction.

Vice President Kamala Harris recruited Minnesota's governor to join the Democratic presidential ticket. He's been a longtime advocate for affordable housing and rental protections.

Changes to the regulatory regime surrounding the Federal Home Loan banks should be carefully calibrated so as to do no damage to their successful support for housing and the provision of liquidity to members.

Nearly all of the business came from home purchases, but reflecting the decline in mortgage volume and a revived Federal Housing Administration offering, fewer people overall used the product.

The credit scoring agency will provide an education curriculum to a leading minority trade group, aimed at helping mortgage professionals learn more about financial wellness and help their potential clients attain homeownership.

As the vice president gathers support from the Democratic party in hopes of securing the nomination, attention has turned to her policies, some of which aim to boost affordable supply.

Institutional investors have an opportunity to "do well while doing good" while advancing a flagship public/private partnership model writes the Chief Growth Officer of Rocktop.

Some commenters on the Federal Housing Finance Agency's request for input about the Federal Home Loan Bank system mission demand more focus on affordable housing while others firmly advocated against member incentive programs.

Amid a rocky re-election campaign, the president announced the Biden-Harris Housing Plan, calling on Congress to incentivize landlords to cap rents and enable the construction of two million homes.