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More Housing Articles

  • Fannie, Freddie lawsuit thrown out

    A federal judge on Tuesday dismissed a lawsuit by investors in Fannie Mae and Freddie Mac against the federal government.

  • US average rate on 30-year home loan 4.20 percent

    Average long-term U.S. mortgage rates declined slightly this week.

  • U.S. Housing secretary to tour Salt Lake facilities

    SALT LAKE CITY — U.S. Housing and Urban Development Secretary Julian Castro on Wednesday will help open a new Salt Lake County apartment complex for low-income residents. Utah officials say in a statement that Castro will join Salt Lake County Mayor Ben McAdams at a ribbon cutting for the new...

  • Detroit residents may get vacant lots for $100

    DETROIT (AP) — Plans call for allowing some Detroit residents to buy vacant lots next to their properties for $100. The Detroit News and Detroit Free Press report City Council on Tuesday approved the transfer of about 10,000 parcels of vacant city land to the Detroit Land Bank following an...

  • US existing home sales fall in August

    WASHINGTON (AP) — Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce. Sales of existing homes fell 1.8 percent to a seasonally adjusted annual rate of 5.05 million, the National Association of Realtors said Monday. That snaps a...

  • Castro: Hispanics key to US housing sector future

    AUSTIN, Texas (AP) — The nation's housing secretary says a booming Hispanic population will drive the future of America's residential real estate market and predicts that a major overhaul of federal immigration laws would create a further boon to home sales across the country. Julian Castro,...

  • Obama's chances to wind down Fannie and Freddie before November slipping away

    Hope for reforming Fannie Mae and Freddie Mac dims as Congress finishes up its business before the November elections, even as administration officials intensify the push to fix housing finance and boost home lending.

  • Officials' kin on public housing dole

    A Michigan public housing commission is shot through with conflicts of interests, including two top officials with family members benefiting from the federal program, according to a government watchdog.

  • New HUD chief: Mortgage credit too tight

    In one of his first speeches as secretary of Housing and Urban Development, Julian Castro joined other members of the Obama administration in warning that it now is too difficult to qualify for a home loan.

  • Once-troubled reverse mortgages poised for rebound

    WASHINGTON (AP) — Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a rebound, drawing the scrutiny of regulators seeking to reduce historically high default rates that have cost the government billions. Industry analysts expect strong...

  • Average US 30-year mortgage rate at 4.12 percent

    WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year loan edged up to 4.12 percent from 4.10 percent last week, where it had stayed for three...

  • Average US 30-year mortgage rate at 4.12 percent

    WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year loan edged up to 4.12 percent from 4.10 percent last week, where it had stayed for three...

  • Regulators hope to finish major mortgage rule this year

    Federal regulators expect to finish writing this year a long-overdue mortgage regulation that was one of the most important provisions of the 2010 Dodd-Frank financial reform law.

  • Housing bias dispute could return to Supreme Court

    WASHINGTON (AP) — It's not easy to prevent the Supreme Court from deciding an issue once the justices have agreed to hear a case. But over the past two years, civil rights advocates have managed to do just that by coaxing settlements in a pair of high-profile housing discrimination cases weeks...

  • A look at the legal doctrine of disparate impact

    The Supreme Court could decide this month to take up another housing discrimination case that challenges a legal doctrine known as disparate impact. Two previous housing bias cases were settled out of court in 2012 and 2013, just before the justices were set to hear oral arguments. A look at...



From the Weekly Standard