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Real Estate
Gene Hackman’s ranch in Santa Fe could come with a big price tag
Check out what's clicking on FoxBusiness.com. The large estate that the late Gene Hackman and wife Betsy Arakawa called home in the Santa Fe area could be worth millions if it hits the market. The 12-acre property is located…
Weekly mortgage demand pulls back, as interest rates rise for the first
After a strong streak of gains, mortgage demand pulled back last week. An increase in mortgage rates, as well as rising uncertainty about the economy, were the likely culprits.Total mortgage application volume dropped 6.2% from the…
Here’s when to list your home for sale in 2025
The Good Brigade | Digitalvision | Getty ImagesThe ideal time to sell your home may be fast approaching.On average, home sellers who list their properties in the week of April 13 to April 19 this year could sell for roughly $27,000 more…
Homebuyers rush to riskier loans, as tariff turmoil pushes interest rates
"For Sale" and "Sale Pending" signs in the West Seattle neighborhood of Seattle, Washington, US, on Tuesday, June 18, 2024.David Ryder | Bloomberg | Getty ImagesMortgage rates jumped to the highest level since February last week,…
Federal Reserve holds interest rates steady. What that means for you
The Federal Reserve Building in Washington, D.C.Joshua Roberts | ReutersThe Federal Reserve announced Wednesday it will leave interest rates unchanged as President Donald Trump's tariff policies weigh on economic growth.Although…
February home resales jump more than expected, despite mortgage rates
Sales of previously owned homes in February rose 4.2% from January to 4.26 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Industry analysts had expected a drop of 3%.Sales…
Mortgage rates surge over 7% as tariffs hit bond market
The average rate on the popular 30-year fixed mortgage surged 13 basis points Friday to 7.1%, according to Mortgage News Daily. That's the highest rate since mid-February.Mortgage rates have been on a roller coaster ride all week, as…
Florida mansion with ties to Bill Gates goes up for sale for a whopping
Inside the massive U-shaped home, there are a total of four bedrooms and seven full bathrooms.Its "expansive" master suite comes replete with "separate master bathrooms" and custom closets, the listing said. It even has its own bar.…
Mortgage rates slingshot higher as tariff uncertainty roils markets
A completed planned development is seen in Ashburn, Virginia, on Aug. 14, 2024.Andrew Caballero-Reynolds | AFP | Getty ImagesMortgage rates hit their highest level in over a month this week, reversing course after a period of…
How China could crush the U.S. housing market
A new housing development built along a canal near the Mokelumne River is viewed on May 22, 2023, near Stockton, California.George Rose | Getty ImagesMortgage rates are rising sharply this week, as investors sell U.S. Treasury bonds at a…