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Real Estate
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…
Weekly mortgage demand jumped 20% last week
A for-sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024.Steve Pfost | Newsday | Getty ImagesVolatility in financial markets caused a sharp drop in mortgage interest rates last week, which resulted in a big spike…
Cramer is not bothered by near-term headwinds facing one of his favorite
Jim Cramer believes Home Depot could be a major winner this year.
Read More: Cramer is not bothered by near-term headwinds facing one of his favorite
FHFA will not cut Fannie Mae and Freddie Mac loan limits
A sign for Freddie Mac is seen at their corporate headquarters campus on Oct. 9, 2024 in Tysons Corner, Virginia. Kevin Dietsch | Getty ImagesThe newly confirmed director of the Federal Housing Finance Agency, Bill Pulte, who oversees…