Chris Arnold

For first time homebuyers it was one of the hardest years ever to afford a house. But homeowners saw tremendous gains in housing wealth.

Capital One says it will stop charging overdraft fees and Bank of America is reducing them. These hefty fees hit people with low incomes the hardest.

If you're looking to overhaul your budget, it's best to focus on bigger categories — like housing or transportation — rather than all the almond milk lattes.

Home prices have been on a tear during the pandemic. A new report out Tuesday shows home prices nationally are up 19% in a single year.

With millions of Americans behind on rent, Congress sent billions of dollars to help, and after some early stumbles, a lot more of that money is now reaching people who need it.

Investors and companies are swooping in to buy mobile home parks. They raise fees and rents, and evict people who can't pay — using billions of dollars' worth of low interest, government-backed loans.

A cash offer is hard to beat. It used to be that only wealthy people and investors had the money. But now some lenders are helping the rest of us do it too, even if you don't actually have the cash.

A new breed of lenders are helping everyday people make cash offers to buy houses. Cash offers carry clout and sellers are more likely to accept them over offers from people who need a mortgage.

Lots of speculators are jockeying to get in on the hot market. Sometime they call homeowners multiple times a day. It can be an invasive nuisance, or worse.

Homeowners are being besieged by unsolicited texts and phone calls by people seeking to buy their homes. Some are from individual house flippers, while others are from large real estate companies.

It's not the tsunami of evictions that some experts had feared, but eviction filings are rising sharply in many cities. Meanwhile, $47 billion from Congress to help is finally reaching more renters.

The U.S. is facing its worst affordable housing crisis in generations. The heart of the problem is we just doesn't have enough homes. There's too much demand and not enough supply.

The company disclosed Tuesday that it lost about $304 million in the third quarter after purchasing homes at higher prices than it now expects to sell them at.

After the Supreme Court struck down a federal eviction moratorium, landlords began filing more eviction notices --- despite billions of dollars in aid from Congress that is finally reaching renters.

Some landlords got hurt by tenants who took advantage of eviction bans during the pandemic. Now they can't get any help from a massive $47 billion federal rental assistance program.

Congress approved $47 billion to pay back rent and prevent evictions. But after nearly 10 months, the vast majority of that money has not reached the millions of people who desperately need it.

Millions of Americans are at risk of eviction, and billions of dollars in help from Congress isn't reaching most of them. What's taking so long for people who need rental assistance to get the money?

Many states have stumbled getting rental assistance from Congress into the hands of people facing eviction. State and local programs are scrambling now that a federal eviction moratorium has ended.

Sources tell NPR that the Biden administration is close to announcing its pick to run the Federal Housing Finance Agency, which oversees the $11 trillion mortgage market.

The Biden Administration may announce the nomination of a key regulator who could direct billions of dollars for down-payment assistance and make more affordable homes available.