Mortgage rates moved sharply higher this week, pushing the housing market back to the edge of the 7% threshold just as buyers and builders were already confronting renewed pressure from borrowing costs. The average rate on a 30-year fixed mortgage rose to 6.95% as of...
FG Nexus announced it is moving deeper into manufactured housing, approving a strategy to acquire land-lease affordable housing communities directly while committing $10 million to a related private operator that already has dozens of communities in its portfolio. The...
WASHINGTON — Pending home sales edged higher in August, but the modest monthly improvement did little to change a housing market still operating well below last year’s pace. The National Association of Realtors’ Pending Home Sales Index increased 0.3% from July to a...
The Senate Banking Committee voted Thursday to advance Brian Johnson’s nomination to lead the Consumer Financial Protection Bureau, moving President Donald Trump’s pick one step closer to taking charge of the agency that oversees consumer-finance laws...
LOS ANGELES — Federal prosecutors have charged three people in separate Southern California homelessness fraud and corruption cases involving millions of dollars in taxpayer funds, including allegations that money intended for homeless housing was diverted to...
475-Plus Organizations Warn CRA Proposal Could Weaken Affordable-Housing In…
