Housing

Confidence among homebuilders held in March at a nine-month low as sales prospects waned, a sign the housing market may be struggling to accelerate as the spring-selling season approaches.

Prosper Marketplace on Monday announced a three-year agreement to offer financing to consumers making improvements to their homes through the website HomeAdvisor.com.

Fannie Mae and Freddie Mac gave $186 million to the National Housing Trust Fund, their first such contributions to a fund designed to provide construction and rehabilitation of rental housing for low-income families.

The Federal Home Loan Bank of San Francisco is exploring ways to use $40 million it received as part of a private-label securities settlement to support small business development and job creation to help future homebuyers.

The American Bankers Association's mortgage subsidiary, ABA Community Bank Mortgage, has chosen BOK Financial Correspondent Lending to be its newest secondary market investor.

Single-family housing construction is set to top multifamily start for first time since the financial crisis.

Contrary to popular narrative, low interest rates are one of the reasons to be excited about the long-term outlook for housing.

Interest rates on fixed-rate mortgages rose for the second straight week, according to Freddie Mac.

New home purchase mortgage application volume increased month-over-month in February, as mild weather and low rates encouraged a busy start to the spring buying season, the Mortgage Bankers Association said.

Home-price appreciation is a welcome development for households whose nest eggs were shattered by the residential real estate bust that began a decade ago.