Americans pay trillions in rent, but few get credit score boost for it
Trillions of dollars in rent paid by Americans to landlords has no payoff in the form of credit scores and credit history, and Esusu is working to change that.
Categories: Real Estate
Consumer Housing Sentiment Bounces Back in May: Fannie Mae Survey
Consumer confidence in the housing market climbed to its highest level this year as Americans relay feeling more hopeful about real estate and the direction of mortgage rates, according to Fannie Mae’s latest National Housing Survey released Monday. Five of six factors included in Fannie Mae’s Home Purchase Sentiment Index (HPSI) improved in May; only…
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Categories: Real Estate
Mortgage demand rises to the highest level in over a month, after holiday adjustment
Mortgage rates rose very slightly during the holiday-shortened week, but mortgage demand took a significant leap higher.
Categories: Real Estate
With an ‘above normal’ hurricane season forecast, check these 3 things in your home insurance policy
Hurricane season began on June 1. Now is the time to take a look at your homeowners insurance policy and make sure you're well covered.
Categories: Real Estate
Mortgage demand drops for the third straight week, even as interest rates ease
Weekly mortgage demand fell despite a slight drop in interest rates. Rates haven't moved much in the last few months.
Categories: Real Estate
'Fantasy math' masks tax bill's U.S. debt impact, GOP lawmaker said. What the deficit means for your money
The "One Big Beautiful Bill Act" would raise U.S. debt by more than $3 trillion over a decade, research finds, likely impacting consumer loans and bond prices.
Categories: Real Estate
More office space is being removed than added for the first time in at least 25 years
More office space is now being removed than is being added. That should help the recovery in a real estate sector that was crushed by the pandemic.
Categories: Real Estate
Palantir teams up with Fannie Mae in AI push to sniff out mortgage fraud
Palantir CEO Alex Karp said the checks can be done in a way that "protects the underlying data and protects the privacy of the people submitting their forms."
Categories: Real Estate
Mortgage rates rose to the highest level since January, but demand from homebuyers still grew. Here's why
Mortgage rates rose to the highest level since January last week, and mortgage demand from homebuyers still rose slightly. Here's why.
Categories: Real Estate
New homeowners should do one key task for long-term tax savings, real estate attorney says
If you recently bought a house, it’s worth examining your property tax bill for inaccuracies, experts say. Appealing could save you hundreds of dollars a year.
Categories: Real Estate
Insurers brace for impact as NOAA predicts above-average hurricane season
Government scientists predict an above average hurricane season with 3-5 major hurricanes.
Categories: Real Estate
How home builders are navigating volatile lumber prices
Over 100 million American households can’t afford a median-priced home, which now sits at $460k.
Categories: Real Estate
What CEOs from auto, housing, travel and ad markets are saying about tariffs, consumer spending and the economy
The chief executives from Carvana, Pinterest and homebuilder Taylor Morrison provide key reads on consumer spending at the CNBC CEO Council Summit.
Categories: Real Estate
April home sales dropped to the slowest pace for that month since 2009
Home sales in April fell, as consumers faced high house prices and growing concern over the economy and employment.
Categories: Real Estate
Mortgage demand drops after interest rates jump to the highest level since February
Mortgage demand, which had been gaining, fell back last week after interest rates rose to their highest level since February.
Categories: Real Estate
'Fail fast, learn fast': She built a property startup from her garage. It's raised over $75 million
"Entrepreneurship is really hard. There's no instant success ... You just have to be ready to fail," says Dayu Dara Permata, co-founder and CEO of Pinhome.
Categories: Real Estate
Mortgage rates cross back over 7% after U.S. credit downgrade
The rate on the 30-year fixed mortgage crossed 7%, hitting its highest level since April 11.
Categories: Real Estate
Need a home mortgage? Here's how climate change could hit your credit score
A new report finds a direct link to foreclosures from climate change and suggests as lenders factor that risk into underwriting, it could alter credit scores.
Categories: Real Estate
What Moody’s downgrade of U.S. credit rating means for your money
Moody's decision to downgrade the U.S. credit rating may have far-reaching consequences for your money, experts say.
Categories: Real Estate
It's Christmas time for Home Depot. What you need to know about this pivotal sales period
Warm weather and seasonal trends like gardening are huge sales generators for the Club name.
Categories: Real Estate