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Real Estate
Donald Trump Jr., Ivanka questioned in New York probe of company
Senior advisor to the President Ivanka Trump (R) and brother Donald Trump Jr. listens during a rally in support of Republican incumbent senators Kelly Loeffler and David Perdue ahead of Senate runoff in Dalton, Georgia on January 4,…
Wild swings in mortgage rates last week caused a rare surge in refinancing
After dropping at the end of July, mortgage rates moved higher on average again last week, but the daily moves were volatile. Mortgage demand was split, with gains in refinancing but declines in applications from homebuyers, according to…
Here’s what a possible recession could mean for American consumers
Americans want to know: Is this a recession or not?Officially, the National Bureau of Economic Research defines recession as "a significant decline in economic activity that is spread across the economy and lasts more than a few…
Climate change is making some homes too costly to insure
Firefighters pull up to a burning house during the Kincade fire in Healdsburg, California, on Oct. 27, 2019.Josh Edelson | Afp | Getty ImagesAs climate change threatens the U.S. with more natural disasters, it's becoming increasingly…
Mortgage calculator: Determine your monthly payment
Thinking about buying a home? Now could be a good time to do it.The current average 30-year fixed rate mortgage as of Aug. 11, 2022 was 5.46%, according to BankRate's analysis. Although that rate is lower than July's average rate of…
Inflation Reduction Act limits pass-through tax break for 2 more years
Senate Majority Leader Chuck Schumer, D-N.Y., discusses the Inflation Reduction Act on Aug. 7, 2022 in Washington, D.C.Kent Nishimura | Los Angeles Times | Getty ImagesSenate Democrats curtailed a tax break for certain pass-through…
‘It’s going to be ugly,’ analyst says as mortgage rates suddenly spike
What's good news for the U.S. economy is suddenly bad news for mortgage rates. A far-better-than-expected May employment report only added to a growing sell-off in the bond market, pushing yields to the highest level since March.…
Mortgage demand falls to lowest in two months as rates stagnate
Daniel Acker | Bloomberg | Getty ImagesMortgage rates appear to be stuck in a holding pattern, giving borrowers no particular incentive to act, especially on refinances. Total mortgage application volume fell 1.9% last week compared with…
Custodian REIT (LON:CREI) Full-year results and general update
Custodian REIT (LON:CREI) has released full-year results to March 31, 2020, including an update on trading post-period-end. The company notes that 70% of rents for the quarter ending June have been collected, with a further 12%…
Redrow PLC pulling back from London as coronavirus changes homebuyer
The move coincided with a speech from the Prime Minister that the government is going to make the “most radical reforms of our planning system” since the Second World War
() said profits will be “substantially below” last year’s…