Falling interest rates are helping more homeowners refinance their mortgages. The average rate for a 30-year fixed mortgage is now hovering around 4 percent.
Housing costs in most of California's major metros are now so high that high-income households are being priced out. Median annual household incomes in San Francisco and San Jose are more than $44,000 higher than the national median.
The average 30-year fixed rate for a mortgage dropped to 4.06 percent this week, down 22 basis points from last week and 34 basis points annually, according to Freddie Mac.
The Federal Reserve's dovish policy change making further interest rate increases unlikely for the rest of 2019 sent current rates down, and experts say is a signal of the Fed's view of a "slowing global economy."
While housing market conditions are beginning to favor buyers more now than in the spring of 2018, a new study finds that the average American can't afford a home in more than 70 percent of the country.
NAHB Housing Policy Briefing | The National Association of Home Builders is a Washington, D.C.-based trade association representing more than 140,000 members involved in home building, remodeling, multifamily construction, property managem
The infusion of private capital from outside industries into affordable housing initiatives will change communities, and may change the framework of how shelter is delivered there
Millennials have long been in the shadow of overwhelming student loan debt, and a new paper seeks to shine light on how it has impacted their homebuying behavior
A recent survey by insurance company Country Financial found that more than 25 percent of Millennials say that homeownership is their most highly prized life milestone, but financial barriers remain.