They Got Low Mortgage Rates During the Pandemic. Now They Can’t Move.

Many Americans bought their first houses when mortgage rates dipped to record lows. Some are ready to move but feel locked in by their low rates.

News
Trump Turns to Affordability Message Amid Economic Frustration

The Trump administration is facing backlash from American consumers as higher costs from tariffs blunt wage gains.

News
Trump Housing Official Invokes Family Legacy, to Some Relatives’ Dismay

Bill Pulte has called out prominent Democrats for issues with their mortgage documents. But he has a history of carefully choosing facts about his family and businesses to enhance his reputation.

News
Seattle Elects a Left-Wing Mayor With a Light Résumé but Mamdani Appeal

Katie Wilson, who narrowly defeated the incumbent, Bruce Harrell, emerged from the city’s left-wing activist class and brings with her little experience in governing.

News
A BlackRock-Backed Roofing Conglomerate Goes Bust

Investment firms are buying and bundling contractors, leaving some workers and customers worse off.

News
Adams Makes It Harder for Mamdani to Build Over Elizabeth Street Garden

Mayor Eric Adams’s administration is designating the garden as parkland, which could stymie Mayor-elect Zohran Mamdani in his vow to revive the fight to put affordable housing there.

News
City Council Set to Approve Plan That Could Bring 14,700 Homes to Queens

The New York plan would open up 54 blocks of Long Island City, which are mostly warehouses and parking lots, to housing.

News
Rent-Stabilized to Rent-Free? Mamdani Could Be Headed to Gracie Mansion.

Five bedrooms. A ballroom. A full-time chef. The official mayoral residence in New York City could not be more different from Zohran Mamdani’s current home.

News
What Does Zohran Mamdani Want to Do as NYC Mayor? These Are His Top 5 Priorities.

When he takes office on Jan. 1, Mr. Mamdani will seek to move quickly to implement his affordability plans and respond to threats from President Trump.

News
Mamdani Votes ‘Yes’ on Housing Measures Giving Mayor More Say on Development

During his campaign, Zohran Mamdani had repeatedly declined to say where he stood on the measures.

News