Do new mortgage rules mean higher credit homebuyers pay more?

Controversy is buzzing over new mortgage rules taking effect Monday: higher fees for homebuyers with good credit, and lower fees for people with lower credit. However, mortgage experts say that’s not the whole story.

New rules on mortgage fees that may have some people with stronger credit scores paying more
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Controversy is buzzing over new mortgage rules taking effect Monday: higher fees for homebuyers with good credit, and lower fees for people with lower credit. However, mortgage experts say that?s not the whole story.

Affordable housing development coming to Pasadena, $17.7 million budget

A new affordable housing development has broken ground in Pasadena to help serve families earning under 80% of the Area's Median Income.

Homebuyers find opportunity in declining mortgage rates: Freddie Mac

The average rate for a 30-year fixed-rate mortgage dropped to 6.32% for the week ending March 30, according to Freddie Mac's Primary Mortgage Market Survey.

Affordable Housing Houston website launched by Houston Housing Authority

Houstonians in need of affordable housing can now visit the HHA's new Affordable Housing Houston website for more information and resources to help them through the process.

Texas has the 5th highest homelessness rate in the nation: study

Homelessness is an ongoing problem that needs serious examination, and a new study says Texas has the fifth largest rate.

Houston's most expensive home, according to Zillow; take a glimpse inside

If you're driving along west Houston, come across this palace by Buffalo Bayou, and wonder "who lives in there?" It could be you if you can afford $36 million.

Organization breaks ground on new home near Tomball for wounded Afghanistan veteran
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On the 20th anniversary of the U.S. invasion of Iraq, the war on terror left an indelible mark on thousands of men and women who came home with terrible injuries. However, FOX 26?s Tom Zizka shows how a former soldier near Tomball is getting a new lease on life with a home built specifically for him.

Texas Rent Relief applications will close on Thursday

Applications for the Texas Rent Relief Program Portal will close on Thursday just two days after the applications re-opened.

Housing affordability is at the lowest level in over a decade

Home prices are finally falling after hitting an all-time high in 2022, but ownership is still out of reach for many Americans. 

Texas has 6th highest real estate property taxes, according to study

With prices seeming to get higher and higher due to inflation, it's no surprise that Texas residents, according to a new study, are paying some of the highest rates in real estate property taxes.

Houston residents say neighborhood protection plans go too far

A crusade has reached Houston City Hall aimed at slowing down the rapid gentrification of several historically African American neighborhoods.

Houston residents say neighborhood protection plans go too far
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A crusade has reached Houston City Hall aimed at slowing down the rapid gentrification of several historically African American neighborhoods. FOX 26 Political Reporter Greg Groogan tells us what?s on the table and how it might impact all of us.

Buying a home is now more affordable than renting in these 5 US cities

While renting is more affordable than owning in 45 out of the country's 50 largest cities, there are five cities where a person may consider buying instead.

Real estate in 2023: Best, worst locations to move to in the new year

Experts offer insights into what parts of the country are best to move to if you're looking to get the most bang for your buck. Renters, meanwhile, will be in their "strongest negotiating position."