New home sales soar 20% in August to a three-year high
Sales of newly built homes jumped far more than expected in August, even though mortgage rates didn't come down until September.
Categories: Real Estate
Mortgage demand stalls after mini refinance boom
After a massive 58% weekly surge in refinance demand the week before, mortgage demand stalled again last week, even though interest rates fell further.
Categories: Real Estate
Single-family rent growth is starting to show new weakness
Rent growth has now fallen below the lower end of the 10-year average range of pre-pandemic growth.
Categories: Real Estate
The Fed cut its interest rate, but long-term rates — including those on mortgages — went higher
Ten- and 30-year Treasury yields rose this week after the central bank cut its short-term interest rate.
Categories: Real Estate
Now that the Fed cut rates, should you refinance? Experts weigh in
The Fed's long-awaited rate cut could bring some borrowing costs down, which may be good news for consumers hoping to refinance.
Categories: Real Estate
Mortgage rates drop to 3-year low ahead of Fed meeting
Mortgage rates drop to the lowest level since late 2022 ahead of the Fed meeting. Here's why.
Categories: Real Estate
Fed rate cut: Here’s what it means for your mortgage rate, credit cards, savings accounts and more
The Federal Reserve cut its benchmark by a quarter point. Here’s what that means for the borrowing and savings rates you pay.
Categories: Real Estate
Mortgage refinance demand spikes nearly 60%, as interest rates drop sharply
Mortgage refinance demand surged higher after interest rates dropped to the lowest level since last October. Adjustable-rate loans were also in high demand.
Categories: Real Estate
Walker & Dunlop CEO says investors need clarity on who decides the fate of Fannie and Freddie
"There's nothing independent about the way that Fannie and Freddie are being managed from a board standpoint today," Walker said.
Categories: Real Estate
Federal Reserve may cut rates for the first time since 2024 — here are four key money moves to consider now
With a fall rate cut looking likely now, households may finally get some relief from the sky-high borrowing costs — depending on a few key financial moves.
Categories: Real Estate
More consumers are using rent payments to boost their credit score. Here's what to know
More tenants are reporting their rent payment activity to build their credit history. Here's what to consider before enrolling, experts say.
Categories: Real Estate
Opendoor board chair Rabois says company is 'bloated,' needs to cut 85% of workforce
Keith Rabois was named chairman of Opendoor this week and the company, which he co-founded, hired former Shopify executive Kaz Nejatian as its new CEO.
Categories: Real Estate
How multifamily offices are playing commercial real estate
With more than $12 billion under management, Realm is a multifamily office investment platform specializing in commercial real estate.
Categories: Real Estate
Opendoor stock closes 78% higher after company names new CEO
Former CEO Carrie Wheeler resigned last month following a pressure campaign from investors.
Categories: Real Estate
Mortgage demand jumps to the highest level in three years, as interest rates drop sharply
A sharp drop in mortgage rates to the lowest level since last year caused a spike in mortgage demand.
Categories: Real Estate
AI tech talent is juicing these real estate markets
The in-migration of tech talent has a sizable impact on residential real estate, according to CBRE. Apartment rents have increased in all of the top AI tech markets.
Categories: Real Estate
Here's how to get a better mortgage rate as the 30-year fixed nears a 1-year low
A lot of would-be buyers feel priced out of the housing market. Getting a lower mortgage rate might help move the needle.
Categories: Real Estate
Mystery of former Federal Reserve Governor Kugler's resignation deepens as real estate records raise new questions
The mystery surrounding former Federal Reserve Governor Adriana Kugler's resignation has gained new urgency.
Categories: Real Estate
Mortgage rates see biggest one-day drop in over a year
Mortgage rates plunged sharply following the release of a weaker-than-expected August employment report. Rates are now at the lowest level since October.
Categories: Real Estate
Quarterly demand for industrial space falls for the first time in 15 years
Economic uncertainty brought on by constantly changing tariff policy and persistently high inflation is taking a greater toll on the warehouse sector.
Categories: Real Estate