Vietnamese property tycoon sentenced to death in country’s largest financial fraud, state media reports
CNBC » Real Estate
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5d ago
The Vietnamese property tycoon Truong My Lan was sentenced to death on Thursday for her involvement in the country's biggest financial fraud case ..read more
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Should you refinance your mortgage? Here are three signs it's time, real estate experts say
CNBC » Real Estate
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6d ago
Mortgage refinance activity plummeted to record lows in 2023 after interest rate hikes. Here are three signs to help you decide when refinancing makes sense ..read more
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Mortgage refinance demand surges even as rates cross back over 7%. Here's why
CNBC » Real Estate
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6d ago
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.01% from 6.91 ..read more
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China needs a narrative that house prices are going to rise, Nomura's Koo says
CNBC » Real Estate
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1w ago
China needs to convince people that home prices are on their way up in order for growth to pick up, said Richard Koo, chief economist at Nomura ..read more
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Buyers of newly built homes can face a property tax surprise. Here's why
CNBC » Real Estate
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1w ago
Newly built homes often come with a buffet of perks from the building company. However, first-time owners often face a property tax shock after the first year ..read more
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$1 million homes are now 'typical' in a record number of U.S. cities, analysis finds. Here’s where they are
CNBC » Real Estate
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1w ago
There are 550 American cities where the typical home is valued at $1 million or more, a new record high, according to a new analysis by Zillow. Here's why ..read more
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KKR says China's real estate correction may only be halfway done
CNBC » Real Estate
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1w ago
China's real estate troubles are likely far from over and industry problems need to be addressed quickly for GDP growth to rise significantly, according to KKR ..read more
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Weekly mortgage demand remains stalled, as interest rates stay stubbornly high
CNBC » Real Estate
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1w ago
Mortgage rates didn't move much last week, and for the second week in a row, neither did mortgage demand ..read more
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Housing 'affordability has just totally collapsed,' economist says
CNBC » Real Estate
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2w ago
February 2021 was the last month when households earned more money than they needed to afford a home. While the deficit shrunk, costs remain high for buyers ..read more
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Here's what upgrading to a nicer home could cost you, and why it's locking up the market
CNBC » Real Estate
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2w ago
The average homeowner with a near record-low mortgage rate would see their monthly payment shoot up 132% in order to move up to a 25% more expensive home ..read more
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