Housing

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.