Home sales fell again in April after high mortgage rates damped activity
Home sales fell in April for the second straight month, as high mortgage rates and near-record home prices continue to stall the market during the prime selling season.
Fed is being cautious, and they're confused: Joe LaVorgna
QI Research CEO and chief strategist Danielle DiMartino Booth and SMBC chief economist Joe LaVorgna react to the latest Fed minutes that noted 'disappointing' inflation readings in 1Q on 'Making Money.'
Era of the low rate mortgage may not be over: Gerri Willis
FOX Business' Gerri Willis weighs in on the trend of assuming mortgages amid high interest rates.
Today's mortgage rates hold steady for 30-year terms while 15-year terms edge up | May 22, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Investors are snatching up 1 in 5 homes for sale in new hurdle for buyers
A new analysis published by Redfin shows that investors are coming off the sidelines and scooping up roughly 1 out of every 5 homes for sale in the U.S.
Chynna Phillips, Billy Baldwin's Santa Barbara home hits market for nearly $4M
Chynna Phillips and Billy Baldwin's Santa Barbara, California, estate has hit the market for $3.8 million. Phillips says they are sad to leave but are looking forward to being closer to their children.
Renting is slightly cheaper than buying, pushing Gen Z to rent more often than buy
Renting takes up 23% of Gen Zers income while buying often takes 30% of their income.
Real estate is the safest investment in times of uncertainty: Mitch Roschelle
Madison Ventures Plus managing director Mitch Roschelle discusses the challenges young people face buying a home on 'Varney & Co.'
Today's mortgage rates hold steady for 30-year terms | May 21, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Elvis's Graceland mansion reportedly up for foreclosure auction, but family claims fraud: 'It's a scam'
Elvis Presley's former home Graceland is set to be sold to the highest bidder at a foreclosure sale on Thursday, but the legendary singer’s family says it is a scam.
Texas homeowner 'completely destroyed' financially after squatter nightmare
Despite regaining access to her squatted-in home, Terri Boyette remains displaced and financially stressed as she waits for insurance to assist with more than $150,000 in damages.
City in Florida considered America's best spot to live: where do other cities stack up?
The Sunshine State is home to the city that just nabbed the title of the best spot to live in the U.S..: Naples, Florida, according to U.S. News & World Report.
This has been a remarkable time for homebuilding: David O'Reilly
Howard Hughes Holdings CEO David O'Reilly on rent prices dropping in the Sun Belt as high home costs fuel construction of rentals.
Squatters 'completely destroyed' home, left me financially under water: Terri Boyette
Texas homeowner Terri Boyette provides an update as she works with insurance to put her property back together after being taken over by squatters.
Here's how much you need to earn to afford a home today
Based on the current interest rate of 7.22%, here's how much homebuyers today would need to earn in order to purchase a home, and how much of a down payment they would need to save.
Homes are overvalued in most of the US – and the problem is worse in these 5 states
A new report from Fitch Ratings showed that home prices are overvalued in 90% of U.S. metro areas – but the problem is most pronounced in five states.
Today's mortgage rates rise for both 15- and 30-year terms | May 20, 2024
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
4 key strategies for homebuyers in today’s challenging market
Prospective buyers face a challenging landscape characterized by high mortgage rates, limited housing inventory and escalating home prices. Here's how to sort through all that.
Jeff Bezos' massive Beverly Hills compound coming together
The massive estate that Jeff Bezos reportedly owns in Beverly Hills appears to be coming together, according to recently taken photos. He has owned it for several years.
Mortgage rates dip lower on positive inflation news, hold at near 7%: Freddie Mac
The average 30-year fixed-rate mortgage was 7.02% for the week ending May 16, according to Freddie Mac's latest Primary Mortgage Market Survey.