Real estate market facing ‘double whammy’ with expensive prices, mortgages: Pamela Liebman
The Corcoran Group president and CEO Pamela Liebman says ‘something’s got to give’ in the current housing market.
Mortgage rates double vs. year ago, refinancings hit 22-year low: survey
Data gathered by the Mortgage Bankers Association's Weekly Mortgage Applications Survey show loan and refinance applications are plunging while mortgage rates soar.
US new home sales unexpectedly surge in August
New single-family home purchases surged nearly 29% in August from the previous year, jumping more than expected as homebuyers tried to lock in lower mortgage rates.
Stephanie Schmidt has never seen new construction 'challenge quite like what we have right now'
Poole Anderson Construction president Stephanie Schmidt says the construction industry continues to face increase costs, supply chain delays and labor shortages.
Fed could drive US into recession if tightening continues: Jeremy Siegel
Wharton Business School professor Jeremy Siegel discusses his frustration with the Federal Reserve's handling of inflation and the impact of the global economy on currencies.
Chinese company aims to sell 3 US resorts for $1.3 billion
A Chinese company, Dajia Insurance, is seeking to cash out these holdings for $1.3 billion during a powerful surge in leisure travel and resort business.
Today’s 10-, 15-year mortgage refinance rates notch seventh day at 5.5% | Sept. 27, 2022
Check out the mortgage refinancing rates for Sept. 27, 2022, which are mixed from yesterday.
Today’s 20-year mortgage rates climb above 7% | Sept. 27, 2022
Check out the mortgage rates for Sept. 27, 2022, which are mixed from yesterday.
US home price growth cooled in July at fastest pace since 1980s
Home prices in July climbed 15.8 compared with the same month one year ago, a sign that steeper borrowing costs may be starting to cool the housing market.
Today’s mortgage refinance rates: Look to 10-, 15-year rates for best savings opportunity | Sept. 26, 2022
Check out the mortgage refinancing rates for Sept. 26, 2022, which are largely unchanged from last Friday.
Today’s mortgage rates: Shorter terms rest for sixth straight day | Sept. 26, 2022
Check out the mortgage rates for Sept. 26, 2022, which are mostly unchanged from last Friday.
Rent on the rise: US markets where prices rose fastest in August
The national median asking rent climbed to a record high in August, up 11% compared with a year ago. However, some renters are seeing surges that are more than double that.
Mortgage rates climb higher, triggering home price drops
Freddie Mac's chief economist said that higher mortgage rates are starting to impact home prices, but housing supply remains below normal.
Still time to save: 10- and 15-year rates rest at 5.5% for fifth straight day | September 23, 2022
Check out the mortgage refinancing rates for September 23, 2022, which are mixed from yesterday.
Today’s 15- and 10-year mortgage rates offer best opportunity for interest savings | September 23, 2022
Check out the mortgage rates for September 23, 2022, which are mixed from yesterday.
US housing recession could send home prices tumbling 20%, economist says
The U.S. housing market is in a recession, and prices are likely to plunge 20% over the next year as rising mortgage rates take their toll on consumer demand.
Ori CEO shows off his robotic expandable Brooklyn apartment
Hasier Larrea reveals how his company plans to revolutionize the real estate market on 'The Claman Countdown.'
Americans moving south for economic opportunity could be a ‘big issue’ in 2024: Dan Henninger
Wall Street Journal columnist Dan Henninger discusses the large populations of Americans that are moving to southern and western states in search of economic opportunity.
20-year mortgage refinance rates zip past 30-year rates | September 22, 2022
Check out the mortgage refinancing rates for September 22, 2022, which are largely unchanged from yesterday.
30-year mortgage interest rates stick for third straight day | September 22, 2022
Check out the mortgage rates for September 22, 2022, which are largely unchanged since yesterday.