Mortgage rates surge to highest level since July
Mortgage rates continued to move higher Tuesday on uncertainty over the war with Iran. They are at the highest level since last July.
Homebuilder sentiment improves on late spring surge in demand
Builders are feeling slightly better about the housing market, as they see improved buyer traffic in a potential late spring surge.
Why a small UK lender has major U.S. credit firms on edge
The continuing fallout from MFS' collapse has heightened fears that problems in complex credit markets pose a broader systemic risk.
Why your 'fixed' mortgage payment keeps going up
Rising property taxes and surging homeowners insurance costs are pushing up the amount that homeowners must pay monthly alongside their mortgage.
Mortgage rates jump to highest level since March on hotter inflation reports
Mortgage rates surged to the highest level since March in reaction to two hotter-than-expected inflation reports.
Mortgage rates move to highest level in 5 weeks, but homebuyers shake it off
Mortgage rates continued to climb higher, but stronger homebuyer demand helped to keep mortgage applications in positive territory.
New York City Mayor Zohran Mamdani's pied-à-terre property tax is moving ahead. But will it work?
New York is moving ahead with a pied-à-terre property tax in its budget. Existing taxes from around the world's major cities show the limits of the policy.
Credit card debt dips to $1.25 trillion — but maintains ‘K-shaped’ pattern, New York Fed research shows
Collectively, Americans owe $1.25 trillion on their credit cards, according to a new report by the Federal Reserve Bank of New York.
The wealthy keep buying Manhattan real estate despite potential pied-à-terre tax
Real estate sales in Manhattan worth $4 million or more increased in the past month, according to Olshan Realty.
April home sales disappoint as higher mortgage rates weigh on buyers
Home sales barely moved in April, as mortgage rates shot higher the month before and uncertainty over the war with Iran weighed on consumers.
Tiny data centers may be coming into the homes of Americans in the future
As public support for large-scale data center buildouts declines across the U.S., a new type designed to operate inside individual homes is coming.
Mortgage rates hit the highest level in a month, causing first-time homebuyers to drop out
Mortgage rates rose last week, causing loan demand to drop back and causing the average loan size to rise — indicating that lower-income borrowers dropped out.
Mortgage lenders now have more credit score options. What homebuyers should know
Lenders are beginning to use VantageScore 4.0, which factors in consumer data not currently considered in the score that's been used with mortgages for decades.
Warsh's take on Fed independence is met with confusion and some concern
Fed chair nominee Kevin Warsh is putting his own spin on the independence of monetary policy. Many former Fed officials aren't sold.
Fed holds interest rates steady: Here's what that means for credit cards, mortgages, car loans and savings rates
From mortgage rates to auto loans and credit cards, here’s a look at how the Fed's April interest rate decision may affect your wallet.
Mortgage rates surge to nearly four-week high as Iran headlines impact markets
Negative headlines on the Iran war pushed bond yields higher, and mortgage rates followed.
Mortgage rates are rising again, but homebuyers are trickling back
Mortgage rates rose last week after several weeks of declines. That took a toll on refinance demand, but homebuyers seem more resilient.
Office demand rebounds to highest level since Covid pandemic began
In the first quarter of this year, new in-person and virtual office tours reached their highest level since the pandemic began, per the VTS Office Demand Index.
Fed is likely to hold rates steady — here's how that impacts consumer costs
The Federal Reserve's April meeting, potentially Jerome Powell's last as chair, may impact many consumer borrowing and savings rates.
New York's pied-a-terre tax sets up legal fight over values
NYC's property tax system undervalues co-ops and condos, so experts said the city will have to come up with a new system for valuing high-end second homes.
What $1 million buys you in real estate around the world
Luxury real estate in most major markets around the world continues to become more expensive, as the wealthy grow wealthier and more mobile.
Mortgage rates sink again, and homebuyers jump back in
Mortgage demand continues to rebound as rates move slightly lower.
35% of Gen Z homebuyers are single women, research shows. Here’s why they need an estate plan
Despite purchasing what might now be their biggest asset, women are less likely than men to have any estate planning documents in place.
Mortgage applications rise as rates fall to one-month low
Mortgage rates fell to the lowest level in a month, boosting refinance activity and offsetting weak demand from homebuyers.
The U.S. housing markets where million-dollar listings are standard
Nearly all of active listings in Nantucket, Massachusetts, cost at least $1 million.
Homebuyer mortgage demand drops annually for the first time in over a year, as war fuels uncertainty
Weakening consumer sentiment in the overall economy is weighing heavily on mortgage demand from both homeowners and homebuyers.
Iran war upends spring housing market. Here's what real estate agents are seeing
Home buyers in the first quarter were more concerned about the economy and mortgage rates than they were about home prices, CNBC's Housing Market Survey found.
Zohran Mamdani and the business exodus? New York's office real estate market is up under new mayor
Reports Apollo Global Management is planning a second HQ in the US South renewed debate over a business exodus under NYC Mayor Mamdani. Data doesn't support it.
Weekly mortgage refinance demand is down more than 40% in the past month
Mortgage demand from both homeowners and potential homebuyers is dropping due to higher mortgage rates and concern over the war with Iran.
Opendoor acquires Doma's closing and escrow business in bid to lower mortgage refinance costs
Doma's technology has been used in a Fannie Mae pilot program designed to reduce title insurance costs on eligible refinance transactions.
Houston Commercial Real Estate News
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eXp Commercial News
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