Housing

The Federal Housing Administration reported better than expected financial results on Monday, with the ratio of reserves to guaranteed loans soaring past its minimum threshold to reach 2.07%.

Mortgage applications for new homes accelerated in decline in October.

Fannie and Freddie are irredeemable failures, which must be abolished as the first step in any type of housing finance reform — if current and former officials of the U.S. Department of the Treasury are to be believed.

Homeowners are less and less pushed to sell by market conditions, according to Seattle-based brokerage firm Redfin.

Home prices climbed in 87% of U.S. metropolitan areas in the third quarter, with gains nationwide slowing to a healthier pace, the National Association of Realtors said.

Rates on 30-year fixed-rate mortgages rose to the highest level since the end of July as a strong jobs report increased the likelihood that the Federal Reserve will boost borrowing costs for banks.

Renters who want to become homeowners are having a difficult time making the move because they can't afford a down payment, according to Zillow.

San Francisco Mayor Ed Lee is touting the Board of Supervisors' approval of a downtown affordable housing project that will provide homes for lower-income residents while also helping to pay for local infrastructure.

Mortgage application volume fell 1.3% on a seasonally adjusted basis for the week ending Nov. 6, compared to the previous week, according to the Mortgage Bankers Association.

With features including no minimum credit score, the Department of Veterans Affairs mortgage guarantee program is a popular choice for servicemembers and lenders alike. Here's a look at the top 10 markets for VA mortgage lending.