Ask A Banker: Why Are Mortgage Rates So Low?
by Matt Levine
A reader who just re-financed his mortgage asks: Why are so many people willing to lend huge amounts of money at such low interest rates?
Planet Money posts about Housing
by Matt Levine
A reader who just re-financed his mortgage asks: Why are so many people willing to lend huge amounts of money at such low interest rates?
by Jacob Goldstein
The U.S. housing market is still a ward of the state. Almost all new mortgages — $1.6 trillion last year alone — are guaranteed by taxpayer dollars.
The strange troubles of a small town where an oil boom has driven unemployment below 1 percent.
©2013 NPR
Thousands of workers have flooded into the town. But they're reluctant to call it home.
by Jacob Goldstein
Here are two ways of answering that question — along with key numbers from cities around the country.
by Jacob Goldstein
A program that backed lots of mortgages during the housing bust may soon need taxpayer money to make good on its promises.
by Taylor Tepper
And they're rising in many states where it's hard to foreclose. States face a tradeoff between protecting homeowners and getting through the foreclosure crisis.
by Chana Joffe-Walt
Willow Tufano saved up money for her first house by selling things people left behind in foreclosed homes. After I did a story on her earlier this year, she became a little bit famous (and bought another house).
On today's show, we follow up with Willow Tufano. She just bought another house. She's trying to land a reality TV deal. And she recently wore a Pikachu costume on a trip to Alabama.
by Chana Joffe-Walt
Willow Tufano's life over the past few months was sort of surreal. She got caught up in two dramas: America's housing market and America's media circus. Now she's trying to get her own reality show.
by Lam Thuy Vo
The housing market is recovering — very slowly.
by Jacob Goldstein
Mortgage debt is falling, but still high. Student debt is rising.
by Lam Thuy Vo
Newly built houses aren't quite as big as those built at the end of the boom. But they're still big.
by Jacob Goldstein
American households got poorer in the first decade of the 21st century, largely because of the housing bust.
If you own a home in the U.S., if you have a mortgage, you can deduct the interest you pay on that mortgage from your taxes. It's a popular, well-entrenched policy. But according to one policy adviser in Washington, "the mortgage-interest deduction ... makes no sense."