Housing

Confidence among homebuilders rose in September to the highest level in almost a decade, signaling momentum in residential real estate will support growth in the second half of 2015.

A survey from Wells Fargo and Gallup has found that investors continue to take advantage of low interest rates.

California lawmakers passed legislation to change the way communities wind down their shuttered redevelopment agencies, leaving cities and their advocates trying to tally the effects of the last-minute bill.

Wells Fargo has set a goal to originate $125 billion in residential mortgages to Hispanic borrowers by 2025.

The free market wouldn't plop down a trailer park just a few miles from downtown San Jose. At least not today, in a sharply spiking housing market that has made the metropolitan area one of the most expensive in the U.S.

A unique public-private program in Dane County, Wis., uses shared-appreciation mortgages to develop new affordable housing units more effectively than other traditional financing options.

American Advisors Group has begun marketing a jumbo reverse mortgage loan over a year after it first planned to issue them.

Evans Bancorp in Hamburg, N.Y., has agreed to pay $825,000 to settle a lawsuit that accused the company of mortgage redlining.

California's already tight housing market is facing another long-term complication: drought.

Homeowners are more pessimistic about the future of the housing market, while renters worry if they'll be able to afford to buy a home, according to a Zillow survey.

Interest rates head steady this week despite the monthly jobs report falling short of expectations, according to Freddie Mac.

Comptroller of the Currency Thomas Curry said banks could consider loan-to-value ratios above 90% to help revitalize areas hurt by the housing crisis.

FirstKey Holdings has formed a business unit to manage single-family rental homes.

Mortgage applications fell 6.2% from a week earlier on a seasonally adjusted basis for the seven days ended Sept. 4, according to the Mortgage Bankers Association.

The first Fannie Mae Home Purchase Sentiment Index fell 0.5 points to 80.8 in August from where it would have been in July.

Total home equity in the United States mortgage market has risen nearly $1 trillion year-over-year to $7.6 trillion, the highest level since 2007, according to Black Knight Financial Services.

The number of homes that are financially underwater decreased in the second quarter, as property values for the bottom third of the market saw faster rates of growth, according to Zillow.

Randolph Savings Bank in Massachusetts has agreed to buy First Eastern Bankshares in Andover, Mass.

The Hispanic Federation and New York Urban League have partnered to encourage homeownership among low-income and minority groups and to provide financial education.

Almost half of single-family houses in the New York and Washington metropolitan areas are losing value, a sign that buyers' tolerance for high prices in many large U.S. cities may be reaching a limit.