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Real Estate
How to mitigate rising auto and homeowners insurance costs
The cost of insuring your most expensive assets has skyrocketed. While overall inflation has slowed, insurance costs are taking a bigger bite out of many household budgets.The average annual rate for homeowners insurance increased by…
What the real estate fees settlement means for home buyers, sellers
Azmanl | E+ | Getty ImagesNew rules on buying and selling homes are in play, now that a settlement from a class-action lawsuit has taken effect.In March, the National Association of Realtors agreed to a $418 million settlement in an…
Singapore private housing prices cool, ending an over year-long rally
Night scene of Singapore's Toa Payoh districtChanachai Panichpattanakij | Moment | Getty ImagesSingapore's private home prices fell for the first time in five quarters amid depressed sales, preliminary market data showed on Tuesday. The…
Retired Wall Street CEO’s home hits the market for $29.5 million
Elsewhere in the home, a large media room offers a space for entertainment. A look at the interior of the home (Does Media)The house sits within a half-acre lot, Bloomberg reported.It comes with an "expansive outdoor entertaining…
Sales of $10 million homes surge in Palm Beach and New York
Tarpon Island, a private island in Palm Beach, Florida, sold for $150 million in May 2024.CNBCA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor…
Mortgage rates hit lowest level since February 2023
LARKSPUR, CALIFORNIA - NOVEMBER 30: A sign is posted in front of a home for sale on November 30, 2023 in Larkspur, California. According to a report by the National Association of Realtors, pending home sales fell 1.5 percent in October…
What the fall housing market looks like for buyers
Fstop123 | E+ | Getty ImagesWhile housing affordability remains a challenge for many buyers in the U.S., conditions are somewhat improving due to lower mortgage rates.Buyers need to earn $115,000 to afford the typical home in the U.S.,…
Weekly mortgage demand surges as interest rates hit two-year low
A home with a "Sold" sign from a real estate company in North Patchogue, New York.Steve Pfost | Newsday | Getty ImagesMortgage rates came down again last week, and with the expectation that they could fall further, mortgage demand…
When you can’t refinance a mortgage to capitalize on lower rates
The Federal Reserve slashed interest rates by a half percentage point, or 50 basis points, on Wednesday, its first rate cut since March 2020.Even before the Fed rate reduction, some homeowners had already taken advantage of recent…
Factors to consider before refinancing a loan, according to experts
Moyo Studio | E+ | Getty ImagesThe Federal Reserve announced a half percentage point, or 50 basis points, interest rate cut at the end of its two-day meeting Wednesday. And, naturally, some Americans will want to make the most of the…