Housing

With traditional mortgage lending opportunities becoming increasingly scarce, banks in Seattle and Portland are loading up on jumbos, diving into multifamily and reviving dormant bridge loan programs.

President Trump's immigration policies are prompting more than half of Arabs, Asians and Latinos to reconsider their plans to buy or sell a home, according to a Redfin survey.

Workers across Washington and the Seattle area finally got a good pay hike last year, and yet it didn't amount to much compared with the state's soaring cost of housing, which led the nation last year.

The young adult homeownership rate should increase by 1.5 percentage points over the next two decades as education attainment among racial and ethnic minorities continues to rise.

While home prices have increased sharply in expensive coastal cities, plenty of urban centers are lagging behind.

Comerica Bank will invest up to $5 million in Detroit Home Mortgage, which provides second mortgages to buyers so they can get past the city's appraisal gap problem.

Louisiana landlords with rental houses walloped by 2005's Hurricanes Katrina and Rita were eventually promised state help to rebuild: If they could get loans to rehab their properties, the state government would later reimburse them.

Odd though it may seem, Los Angeles is too lucky for its own good.

The homeownership rate has been falling for over a decade, but there are now signs that the decline is decelerating and could end soon, according to researchers at Harvard University.

An Ames family will finally be able to call themselves homeowners, thanks to Habitat for Humanity of Central Iowa and a $50,000 grant from the Iowa Finance Authority Board of Directors.

Wintrust Mortgage has committed to funding $40 million in below-market fixed interest-rate loans in the Chicago area through a partnership with Habitat for Humanity.

A week after officials disclosed a 57% rise in Los Angeles' veteran homelessness, advocates say the U.S. Department of Veterans Affairs is delaying housing development on its West Los Angeles campus.

BBVA Compass has made a $1.8 million investment in the Mile High Community Loan Fund to support affordable housing lending in four Colorado cities.

Here's a look at the top cities where out-of-town house hunters are looking to buy. Mortgage lenders can capitalize on these trends with targeted marketing and specialized customer service to cater to these consumers.

Fannie Mae will give below-market-rate financing to multifamily borrowers who incorporate healthy design features in their newly constructed or rehabilitated buildings.

Canadian government officials delivered a vote of confidence in the country’s housing sector and banking system, telling lawmakers that Vancouver and Toronto’s real estate markets are supported by fundamentals that leave risks well-contained.

New York Gov. Andrew M. Cuomo signed legislation sending $2.5 billion to the construction and preservation of affordable housing, celebrating it as the start to his $20 billion plan to combat homelessness.

U.S. Treasury Secretary Steven Mnuchin has taken pains to stress that the Trump administration isn't out to kill Americans' beloved mortgage-interest tax deduction — but a side effect of the plan could turn it into a perk for only the wealthy.

FHFA Director Mel Watt warned Thursday that to prevent a potential draw on the Treasury Department by the government-sponsored enterprises, he is willing to act unilaterally to rebuild capital at Fannie and Freddie.