A brief drop in mortgage rates caused a huge surge in demand, but it may be short-lived
Mortgage rates dropped for much of last week, causing total mortgage application volume to surge nearly 16%, according to the MBA’s seasonally adjusted index.
Year: 2024
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‘Don’t see a next leg up’ for Chinese equities from China’s third plenum: Strategist
Brian McCarthy of Macrolens shares his expectations for China’s third plenum.
Demand for ‘super prime’ commercial real estate is surging, says SHVO’s Michael Shvo
Michael Shvo, CEO and chairman of SHVO, joins CNBC’s ‘The Exchange’ to discuss the reopening of San Francisco’s Transamerica Tower, outlooks on commercial real estate, and regional bank concerns.
Homebuyers take on ‘a lot more than a mortgage payment,’ expert says — ‘hidden costs’ average $18,000 a year
Mortgage payments may be expensive, but the cost of owning and maintaining a home can be nearly as high. Here’s what to know.
Home equity is near a record high. Tapping it may be tricky due to high interest rates
Consumers are sitting on ample housing wealth. High interest rates make it difficult to access.
86% of consumers believe it’s a bad time to buy a home: Fannie Mae
CNBC’s Diane Olick joins ‘Power Lunch’ to discuss a new survey data from Fannie Mae on housing sentiment.
High exposure to commercial real estate poses a risk to regional banks, says Moody’s Ana Arsov
Ana Arsov, co-head of financial institutions at Moody’s Ratings, joins CNBC’s ‘The Exchange’ to discuss the health of regional banks, why Moody’s recently downgraded eight regional banks, and more.
Buying a house of ‘Home Alone’ or John Lennon fame? There’s a premium for that
A number of famous homes are for sale. Luxury real estate agents say sellers typically fetch a premium for that cachet.
36% of Americans think real estate is the best long-term investment. Here’s the easiest way to get started
Real estate investment trusts, or REITs, can be a way to tap into the real estate market as an investor. However, it can carry some risks.
How Walmart turned Bentonville, Arkansas into a boomtown
Walmart’s hometown of Bentonville, Arkansas has become a boomtown with many amenities you might expect to find in New York or San Francisco – fancy restaurants, craft cocktails, bike paths and a world-class art museum. The town has more cranes per capita than any other U.S. city as Walmart builds a 350-acre new headquarters. Bentonville’s population is expected to triple by 2050. But with the boom comes big-city economic challenges. CNBC’s Melissa Repko travels to Bentonville for the story.
Barry Sternlicht on why rents are ‘guaranteed’ to go up in 2026 barring a recession
Barry Sternlicht, Starwood Capital chairman and CEO, joins ‘Squawk Box’ to discuss the state of the economy, real estate trends, limiting redemptions on property fund, the Fed’s inflation fight, impact of interest rate hikes, and more.
Starwood Capital CEO Barry Sternlicht: Fed rate hikes aren’t impacting this job market
Barry Sternlicht, Starwood Capital chairman and CEO, joins ‘Squawk Box’ to discuss the state of the economy, real estate trends, limiting redemptions on property fund, the Fed’s inflation fight, impact of interest rate hikes, and more.