Real Estate NewsBelow are the latest real estate news headlines for buyers and sellers.Real EstateMortgage demand from homebuyers now up 25% from a year agoAfter a brief lull, mortgage demand surged ahead yet again even with the highest interest rates in several weeks. Read Article Wed, 23 Sep 2020 04:01:49 PDT Existing home sales jump to 14-year high, as prices set another recordAfter a record-setting July, the housing market still shows no sign of cooling off. Existing home sales rose to the highest level since December 2006. Read Article Tue, 22 Sep 2020 16:04:53 PDT Millions can't pay rent. Landlords making less than $50,000 a year are caught in the middleLow- and middle-income landlords get a big share of their annual income from rent, making them more vulnerable than higher-earning peers to a tenant's inability to pay, according to the Hamilton Project. Read Article Mon, 21 Sep 2020 11:40:30 PDT The new retirement living: More baby boomers shun housing mega-developmentsCookie-cutter homes for seniors in housing mega-developments may be on the way out as new boomer retirees redefine the idea of living and communities. Read Article Mon, 21 Sep 2020 14:15:37 PDT Home equity surges as demand soars and mortgage rates hover near lowsAfter a brief stall in home sales at the start of the pandemic, homebuyers came rushing back in — so fast that prices never even took a hit. In fact, the gains in prices accelerated quickly, causing home equity to soar even more. Read Article Mon, 21 Sep 2020 07:08:01 PDT Refinancing your mortgage will cost more thanks to an 'adverse market' feeHomeowners who refinance their mortgage may end up paying a higher interest rate. This is because lenders may pass on some of the costs incurred from an "adverse market" fee that they will soon have to start paying on certain loans sold to Fannie Mae and Freddie Mac. Read Article Fri, 18 Sep 2020 11:07:20 PDT Government mortgage bailout numbers improve slowly, but the real test is aheadThe number of borrowers in government covid-related mortgage bailout programs is shrinking, but those in private-label or bank bailouts is rising. Read Article Fri, 18 Sep 2020 03:58:33 PDT Eric Trump says he will comply with New York attorney general's subpoena but only after the 2020 election"We won't allow any entity or individual to dictate how our investigation will proceed or allow anyone to evade a lawful subpoena," New York Attorney General Letitia James said in response to the Trump move. Read Article Thu, 17 Sep 2020 15:16:51 PDT One under-the-radar play on the homebuilding boom is flashing a buy signal, trader saysWith homebuilder sentiment hitting all-time highs on the back of demand for suburban housing, two traders reveal their favorite ways to play the space. Read Article Thu, 17 Sep 2020 03:53:16 PDT The Fed keeps rate steady. Here's how that benefits short-term borrowersThanks to the central bank, short-term borrowing rates will stay near rock bottom but you may have to act quickly to get the most benefit. Read Article Thu, 17 Sep 2020 07:57:05 PDT |
