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Real Estate
SEE IT: Citadel CEO Ken Griffin’s planned Miami skyscraper
"The development of this iconic, world-class tower … will redefine the Miami skyline and further solidify this dynamic and vibrant city as a global destination for talented professionals and their families, businesses, and culture," a…
Weekly mortgage demand stalls, even though rates drop to lowest since April
Mortgage rates fell last week for the fourth straight week, but neither current homeowners nor homebuyers seemed particularly impressed.Total mortgage application volume rose just 0.5% last week compared to the previous week, according…
French charges Telegram CEO Pavel Durov after his release from custody
Paris-Le Bourget Airport, once Paris' primary airport, now houses solely general aviation for private and business flights into the French capital, and where Telegram app CEO Pavel Durov was arrested by police on Saturday. (Credit:…
How National Flood Insurance Program deadline may affect home buyers
Shaunl | E+ | Getty ImagesConsumers in the market for a home have been patiently waiting for the Federal Reserve to cut interest rates — a move it seems poised to make in September.But without action from Congress, there could be another…
Top money moves ahead of a Fed rate cut, according to experts
Last week, Federal Reserve Chair Jerome Powell all but confirmed that an interest rate cut is coming soon."The time has come for policy to adjust," the central bank leader said in his keynote address at the Fed's annual retreat in…
Sales of $100 million homes set to double this year
A view of the Central Park Tower at 217 West 57th St. in New York City.Source: Cody Boone, SERHANT StudiosA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth…
Elon Musk foreclosing on $13M home after generous loan goes bad
Check out what's clicking on FoxBusiness.com. Elon Musk has reportedly begun the foreclosure process on a late movie star’s former Bel Air, California, house that a couple acquired with the assistance of a loan from him. The…
How Harris, Trump campaigns could impact homebuilder stocks
Shareholder returns for top homebuilders D.R. Horton and Lennar outpaced the wider S&P 500 between August 2014 and August 2024. Analysts downgraded the investment outlook of both companies this summer. However, some investors remain…
The case for a 40-year mortgage
Homeownership has long symbolized the American Dream, embodying stability, wealth creation, and community investment.Yet, for millions of Americans, especially younger generations and first-time homebuyers, that dream is slipping away.…
After mini-boom, weekly mortgage refinance demand falls back 15%. Here’s
A house under construction is seen between completed houses in a new development in Brambleton, Virginia on August 14, 2024.Andrew Caballero-Reynolds | AFP | Getty ImagesMortgage rates fell for the third week in a row last week, but the…