Here's what the privatization of Fannie Mae, Freddie Mac may mean for homebuyers and investors

Two mortgage giants essential to the U.S. housing market could be released from the government into the private sector. What that means for you.

Mortgage rates rise on CPI report as refinance demand gains steam

CNBC's Diana Olick reports on news regarding the housing sector.

How the federal government spent billions rebuilding New Orleans after Hurricane Katrina

The U.S. has spent billions rebuilding New Orleans in the aftermath of Hurricane Katrina. Some of the interventions have, at times, had unintended consequences.

How New Orleans is trying to save its homes from flooding

Hurricane Katrina killed over 1,800 people and flooded many homes in New Orleans. In the aftermath, a quarter of the city's housing stock was abandoned. The U.S. spent billions to redevelop and protect the city. But more may be needed to counteract the city's slow decline into the sea. On top of tha