Mortgage demand continues to drop as mortgage rates climb to two-month high. Refinance demand is hit the most, while homebuyers face economic uncertainty.
The four-floor listing at 111 West 57th St. spans 11,480 square feet and is being pitched as a rare collector’s item for global elites.
Mortgage rates moved sharply higher last week, causing drop in mortgage demand and a surge in homebuyers seeking riskier loans.
Mortgage rates surged over 7% to end the week, after massive volatility in bond markets surrounding President Donald Trump's tariff agenda.
China is one of largest owners of U.S. mortgages. There is growing concern that in retaliation for tariffs the country could sell them, causing rates to rise.
Mortgage demand surged to the highest level since September as Trump's tariff plans caused interest rates to drop. But those rates are now back up.
After falling sharply last week, mortgage rates rose again this week, wiping out any advantage to the spring housing market. Tariffs were behind the volatility.
Mortgage rates fell sharply Thursday, following the Trump administration's tariff announcement, but a huge share of Americans still can't afford to buy a home.
Manhattan apartment sales rose 29% in the first quarter, and the total value of apartment sales in the city reached $5.7 billion, up 56%.
Mortgage rates and demand have moved in a narrow range recently, as uncertainty over tariffs weighs on the markets.
Since 1980, median home prices have increased much faster than median household incomes, research finds. For some, that is putting homeownership out of reach.
We're making couple of small buys to take advantage of Friday's lower prices.
KB Home is the first large production builder to unveil a community designed to fire-resilient standards by the Insurance Institute for Business & Home Safety.
Mortgage rates didn't move much last week, but demand from homebuyers for loans rose to the highest level in nearly two months. Rising inventory may be why.
The new director of the FHFA said he has no intention of shrinking the limit on loans bought and guaranteed by Fannie Mae and Freddie Mac.
Vacation rentals in Hakuba, Japan can bring in, on average, more than $60,000 a year in revenue for short-term rental investors, according to data company AirDNA.
Jim Cramer believes Home Depot could be major winner this year.
Related said the high end of the real estate market remains strong, especially in Florida.
UBS analysts on Wednesday became the latest to raise expectations that China's struggling real estate market is close to stabilizing.
The median price of home sold in February was $398,400, up 3.8% from the same time last year.
Norway's $1.8 trillion sovereign wealth fund on Thursday said that it struck a deal to buy a quarter of London's iconic Covent Garden.
The Fed is staying on the sidelines, for now, but some consumer loan rates are changing.
The spring housing market is period of high homebuying and selling activity. Listing your home in early April could bring in extra cash, report finds.
Mortgage rates fell for the first time in nine weeks, causing a pullback in mortgage demand, especially refinancing.
High interest rates have put pressure on households, but some borrowing costs are starting to ease, even with the Fed on the sidelines.
The number of active listings in the D.C. metro area is sharply higher compared with last year.
"The tariffs act as tax on American builders, home buyers and consumers," the National Association of Home Builders said.
The world's largest 3D printed community is now open and mostly sold. Take a look inside the homes and hear from residents about what it's like to live there.
Selling your house takes more than just putting up “for sale” sign. Getting the right asking price is a really important step, experts say.
Mortgage demand for both homebuying and refinancing reacted to yet another drop in mortgage rates, which are now down for the sixth straight week.