Today's best mortgage deal? 15-year terms remain lowest available rate | May 19, 2023
Check out the mortgage rates for May 19, 2023, which are mixed from yesterday.
Lawmakers sound alarm as US national debt clock ticks: ‘Catastrophic'
Democrat and Republican House reps. explain how defaulting on U.S. debt will create a "catastrophe" for real estate, housing and "so many different markets."
Lawmakers answer whether debt ceiling will be catastrophic for housing market
Fox News Digital spoke with Republicans and Democrats outside Capitol Hill on Thursday to discuss a debt default’s impact on the U.S. real estate market.
Manhattan rents reach another record high
The median rent in Manhattan rose 1.6% to $4,241 last month, notching yet another record. Median rents are up more than 8% compared to a year ago, according to a new report.
Mortgage rates rise after falling for 2 weeks
Mortgage rates reversed course this week and began to climb as multiple cross currents continue to affect the supply of houses and demand for mortgages.
Existing home sales slide again in April amid inventory woes, high prices
Sales of previously owned homes fell 3.2% in April from the prior month due to limited housing supply, according to the National Association of Realtors.
Sam Zell, billionaire real estate mogul, dies at 81
Billionaire real estate mogul Sam Zell died Thursday at age 81 after a career spanning 50 years. He founded Equity Residential in 1968 and was an active philanthropist.
Urban office, retail under distress due to COVID outcomes: Former FDIC Chair Sheila Bair
Former FDIC Chair Sheila Bair discusses the state of U.S. banks amid commercial real estate woes.
First-time homebuyers will be 'paying up' as bidding wars return: Mitch Roschelle
Madison Ventures Plus managing director Mitch Roschelle says the squeeze on housing inventory has realtors becoming baristas.
Today's best mortgage deal? 15-year terms have the lowest rates | May 18, 2023
Check out the mortgage rates for May 18, 2023, which are mixed from yesterday.
Most affordable beach towns of 2023 revealed — and some are not where you'd think
As summer nears, many people are looking to spend time in beach towns yet not break the bank. For a great escape, here are the 10 most affordable beach towns in America, according to Realtor.com.
Mortgage demand falls as interest rates hit 2-month high
Home-purchase applications plummeted last week as higher mortgage rates weighed on buyer demand, according to a new survey from the Mortgage Bankers Association.
US real estate still seeing 'really tight inventory': Kirsten Jordan
Real estate agent and former 'Million Dollar Listing New York' star Kirsten Jordan says the U.S. is in a 'strange' real estate market amid rate hike uncertainty.
Today's mortgage rates rise, but 15-year terms hold firm as lowest rate | May 17, 2023
Check out the mortgage rates for May 17, 2023, which are mixed from yesterday.
Housing starts unexpectedly increase in April after falling in March
Housing starts, a measure of new home construction, unexpectedly increased by 2.2% in April, after declining in March, the Commerce Department reported.
San Francisco fire sale: downtown high rise selling at a 73% discount
A high rise office building in San Francisco's financial district is being sold for significantly lower than what it had been valued at a few years ago, the San Francisco Business Times reported.
Can you customize the length of your mortgage?
If someone wants to tailor the term of a loan to fit a certain mortgage payoff timeline and monthly budget goals, then custom loan terms may be a good fit.
Billy Joel lists New York estate for $49 million
Billy Joel's Long Island estate has hit the market for $49 million. The musician's main house sits on 26 acres, with five bedrooms and eight bathrooms.
Commercial real estate must fix its debt problem to avoid same fate as SVB: Scott Rechler
RXR Realty Chairman and CEO Scott Rechler discusses solutions to the debt issues many U.S. commercial properties are facing on 'The Claman Countdown.'
Homebuilder sentiment jumps to highest level since July
Homebuilder confidence rose faster than expected in May, exiting negative territory for the first time in a year as low inventory buoyed consumer demand.