Real Estate

Mortgage demand from homebuyers now up 25% from a year ago

People wait to visit a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images After a brief lull to start the month, mortgage demand surged ahead yet again — even...

New York attorney general opposes Eric Trump efforts to delay subpoena until after presidential...

Eric Trump speaks in Portsmouth, NH on Sept. 17, 2020. Eric Trump, son of President Donald Trump, makes a stop in Portsmouth during one stop on his 'Make America Great Again!' tour. Erin Clark | Boston Globe | Getty...

Millions can’t pay rent. Landlords making less than $50,000 a year are caught in...

Scott Heins | Getty Images News | Getty Images Mom-and-pop landlords are in a worse financial position relative to their higher-earning peers as unemployment remains elevated and Americans continue to struggle to pay rent, according to a new...

Home equity surges as demand soars and mortgage rates hover near lows

After a brief stall in home sales at the start of the coronavirus 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...

The new retirement living: More baby boomers shun housing mega-developments

Retirement village in Florida. Ron Levine | Image Bank | Getty Images Where to live in one's golden years is one of the most significant decisions a new retiree has to make, and the traditional notion of retirement is changing.  The...

Refinancing your mortgage will cost more thanks to an ‘adverse market’ fee

Getty Images If you've thought about refinancing your mortgage, be aware that it may soon be a more expensive proposition. Due to a 0.5% "adverse market" fee, effective Dec. 1 and imposed on lenders by mortgage backers Fannie Mae...

Why home prices may continue to push higher

© 2020 CNBC LLC. All Rights Reserved. A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Market Data Terms of Use and...

Eric Trump says he will comply with New York attorney general’s subpoena but only...

US businessman and son of the US president Eric Trump. Mandel Ngan | AFP | Getty Images Lawyers for Eric Trump said Thursday that he is willing to be deposed as part of the New York Attorney General's office's probe...

Hmlet launches property listing marketplace with virtual reality tours: CEO

Hmlet Listed is a new product that aims to help more real estate partners scale up their rental listings, and its launch came during a "fantastic time" during the coronavirus pandemic, says Yoan Kamalski, cofounder and CEO of the...

Government mortgage bailout numbers improve slowly, but the real test is ahead

Jb Reed | Bloomberg | Getty Images The number of borrowers in government Covid-19-related mortgage bailout programs is shrinking, but those in private-label or bank bailouts is rising. This suggests that there is still pain ahead in the mortgage...

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