China's real estate crisis isn't over yet, IMF says
China needs to do more in order to fix its real estate problems, the International Monetary Fund said Friday.
China needs to do more in order to fix its real estate problems, the International Monetary Fund said Friday.
The average rate on the 30-year fixed rate mortgage has fallen to 5.99%, according to Mortgage News Daily.
However, its economist warned that the sector will be "going from a very fragile situation," given its contraction in every single quarter of 2022.
Everything from mortgages and credit cards to student and car loans will be affected by the latest rate hike from the Federal Reserve.
Total mortgage application volume fell 9% last week compared with the previous week.
New York Attorney General Letitia James is suing Donald Trump, the Trump Organization and others over alleged fraud involving false financial statements.
As homeowners eye their home equity as a source of cash, there are aspects of so-called HELOCs to consider before signing on the dotted line.
Two Los Angeles developers hope to find buyers who will pay between $50 and a $100 million for a condo.
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A growing number of Londoners are opting for novel means of buying and selling their properties, with WhatsApp emerging as a new home for luxury listings.
Experts, including a former White House Council of Economic Advisers chair, weigh in on where the economy stands and how consumers can brace for what's ahead.
Despite rising U.S. rental prices, competition is easing in some markets as inventory grows, according to a new report.
Beyoncé was performing her first live concert in more than four years at a private event for the opening of Atlantis The Royal, a $1.4 billion luxury hotel.
The Biden administration rolled out a blueprint for a renters bill of rights, a major win for tenants, advocates say.
Despite high inflation making many things — including houses — more expensive, most millennials who plan to buy a home are simply adjusting their approach.
Mortgage interest rates fell for the third straight week, while mortgage demand rose again.
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Home sales have fallen for 11 consecutive months as mortgage rates weigh on the market.
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With most pandemic-era eviction protections having expired and rents rising, the number of tenants coming home to find notices on their doors is picking up.
Lower mortgage rates are giving homebuilders greater confidence in the single-family housing market.
Mortgage rates are at the lowest level since September, and that is bringing new demand into the mortgage market.
"As external demand falls due to an impending recession in the West, China's economy must rely more heavily on the consumer," said KraneShares.
Developers are flooding Arizona with plans to build homes even as water supplies dwindle.
Property transactions in Dubai year-to-date hit a record high by the end of 2022, surpassing previous records reached over the same period of 2009.
Jorge Perez and his Related Group are behind the 10-story, 50-unit Fisher Island project that boasts a sell-out price of $1.2 billion.
In light of China's reopening and easing of Covid rules, Hong Kong's property market will be on a path to recovery in 2023, according to Colliers Hong Kong.
Mortgage rates fell last week, causing a rush on refinancing.
This downturn is not surprising given the "dysfunctional" nature of the market, according to Stefan Ingves, the former governor of Sweden's central bank, the Riksbank.
Consumer confidence in the U.S. housing market is improving slightly, as mortgage rates settle and home prices fall.
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