Real Estate News
Real Estate
Mortgage rates just hit an 8-year low. Here's why they're not even lower
Mortgage rates just fell to an 8-year low, but they are not falling as fast as Treasury yields, because of the swiftness of the declines and the resulting risk to investors in mortgage-backed bonds. Read Article
Hong Kong's property markets hit by 'triple whammy' of shocks: Colliers
"Squawk Box" Asia talks HK's property market with Nigel Smith of Colliers Hong Kong, and he delivers a glimmer of hope for the shape of things to come. Read Article
Coronavirus may be housing headwind: Economist
CNBC's "Power Lunch" team discusses housing with Mark Fleming of First American and CNBC's Diana Olick. Read Article
Pending home sales jump 5.2% in January, vs. 2% expected
CNBC's Diana Olick reports on the latest pending home sales data for the month of January 2020. Read Article
January pending home sales jump more than expected, up 5.2%
Pending home sales in January smashed analyst expectations of a 2% monthly gain. Read Article
As coronavirus spreads, here's what to watch out for when it comes to your money
From retirement savings to mortgages to credit card interest rates, there are many areas of the economy that the coronavirus could touch. Here's what we know now about the ways the outbreak could affect your money. Read Article
US new home sales surge to 12.5-year high in January
The Commerce Department said on Wednesday new home sales jumped 7.9% to a seasonally adjusted annual rate of 764,000 units last month, the highest level since July 2007. Housing market strength could help keep the economic expansion, now in its 11th year, on track. The sector, which accounts for about 3.1% of GDP, is being supported by cheaper mortgage rates after the Federal Reserve cut interest rates three times last year. CNBC's Diana Olick reports. Read Article
Debt among oldest Americans skyrockets 543% in two decades
Debt among older Americans has increased dramatically since 1999, due partly to the erosion of the country's social safety net. Read Article
This couple paid off their $300,000 mortgage in 5 years then took a year off to travel
Rob and Reshawn Lee purchased a home in the suburbs of Dallas in June 2013 for $300,000. They paid it off five years later in June 2018. Read Article
Total mortgage applications rise 1.5% for the week
CNBC's Diana Olick joins "Squawk Box" with the latest mortgage application numbers. Read Article
