Joe Moglia advises erring 'on the side of caution' in current market
Former TD Ameritrade CEO Joe Moglia discusses a government shutdown's impact on markets, geopolitical competition and the U.S. real estate outlook.
Today’s biggest mortgage savings? Shorter terms have the lowest rates | August 29, 2023
Check out the mortgage rates for August 29, 2023, which are mixed from yesterday.
Home prices rose for fifth straight month in June
U.S. home prices continued to march higher in June, according to new S&P data, even as the housing market grapples with an ongoing spike in mortgage rates.
Banks are petrified to make real estate loans: Mitch Roschelle
Madison Ventures Plus managing director Mitch Roschelle discusses whether rising mortgage rates are killing the housing market on 'Varney & Co.'
US housing market faces new hurdle: Student loan repayments
The resumption of federal student loan payments this fall could hit the housing market, which has already been walloped by the spike in mortgage rates.
Peachtree's Greg Friedman: Office real estate is going through a lot of distress
Peachtree Group CEO Greg Friedman discusses whether there is an imminent commercial real estate disaster on 'The Claman Countdown.'
Home prices could surge over the next year as affordability crisis worsens
A new Zillow forecast projects that home prices may climb 6.5% over the next year as an affordability crisis for would-be homebuyers continues to worsen.
Today’s lowest mortgage rate? Try 15-year terms | August 28, 2023
Check out the mortgage rates for August 28, 2023, which are mixed from Friday.
China's commercial real estate 'chaos' will affect US: Jeff Sica
Circle Squared Alternative Investments founder Jeff Sica discusses what China's economic slowdown means for the global economy on 'Varney & Co.'
Manhattan, New York, rent prices reached another record, but other regions in US are seeing relief
Rents in Manhattan reached another record high in July, nearing $6,000 a month. At the same time, rent prices in other parts of the country are cooling.
The US housing market may be trapped in a prolonged freeze
Fannie Mae economists predicted in a revised forecast that the U.S. housing market faces a prolonged downturn due to high mortgage rates and limited supply.
Zillow offers 1% down payment program: Here's how it works
Zillow launched a down payment program to try and entice more homebuyers into the marketplace. The program is touted as a way to reduce the time buyers need to save to buy a home.
Mortgage rates soar above 7%, reach 22-year high: Freddie Mac
The average 30-year fixed-rate mortgage increased to 7.23% for the week ending August 17, according to Freddie Mac's latest Primary Mortgage Market Survey.
Mortgage rates leap to 22-year high
The average rate on the benchmark 30-year fixed mortgage climbed to 7.23% this week, the highest since 2001, according to the latest data from Freddie Mac.
Homebuyers are searching for closer commutes to the office
Potential homebuyers are not only considering affordability but they are also considering the commute they will have to the office. This comes amid a growing push for in-person work.
Michigan home listed for $1 sells after receiving thousands of inquiries and 142 offers
A Michigan real estate agent listed a home for $1 and has recently accepted a cash offer after the property went viral. Here's why he did it, and how much money the house sold for.
6 ways to upgrade your garage for $250 or less, according to design pros
For relatively little money, homeowners can refresh and upgrade their garages in a significant way. Here are ideas from design pros for making upgrades of $250 or less.
New home sales climb in July despite steep mortgage rates
New U.S. home sales rose more than expected in July as buyers flocked to new construction amid a lack of resale inventory that has left limited options.
Mortgage demand falls to lowest level since 1995 as rates surge
Home-purchase applications tumbled last week to the lowest level in nearly three decades as a spike in rates and limited availability weighed on demand.