Mortgage Rates Hit 10-Month High, Home Applications Fall 10% | CNBC
The cost of borrowing to buy a home continues to climb, and with it, a significant cooling in the market for mortgage refinances. Demand for refinancing … Read more
real estate
Home Sales Rebound Slightly, But Rising Mortgage Rates Loom | CNBC
The U.S. Housing market is showing tentative signs of life, but a full recovery remains uncertain. Existing home sales edged up slightly in February, a welcome … Read more
Mortgage Applications Rise as Homebuyer Demand Outpaces Refinancing | CNBC
Despite ongoing global economic uncertainty and fluctuating interest rates, demand for mortgages from homebuyers unexpectedly rose last week, signaling a potential shift as the spring housing … Read more
Opendoor Acquires Doma Tech to Lower Refinance Costs & Speed Up Closings
Refinancing a home has long been a process fraught with complexity and expense. Many homeowners locate the costs so substantial that experts advise against refinancing unless … Read more
Mortgage Rates Surge to Highest Level Since Fall, Demand Plummets 10.5%
The housing market is feeling the pinch of rising interest rates. Mortgage demand has fallen sharply, dropping more than 10% last week as rates climbed to … Read more
Westport Viral TikTok House to Be Demolished & Rebuilt as Luxury Estate
A Westport, Connecticut property that captured the internet’s attention earlier this year is poised for a dramatic transformation. The home at 11 Beachside Common, which went … Read more
Viral Food Trends & Supply Chain Strain: Matcha, Ube & More
The vibrant green of matcha lattes, the striking purple of ube desserts, the deep hues of acai bowls – these once-niche foods have exploded in popularity … Read more
Fannie Mae Now Backs Crypto-Backed Mortgages: What Homebuyers Need to Know
The path to homeownership may be widening, thanks to a first-of-its-kind offering that allows borrowers to leverage their cryptocurrency holdings. Fannie Mae, the government-sponsored enterprise, will … Read more
Iran War & Rising Mortgage Rates: Impact on North Texas Housing Market
The escalating conflict in the Middle East is sending ripples through the U.S. Economy, and North Texas’s housing market is already feeling the effects. Mortgage rates … Read more
Meta Boosts Texas AI Data Center Investment to $10 Billion
Meta is dramatically increasing its investment in artificial intelligence infrastructure, pledging $10 billion for a new data center in El Paso, Texas. The commitment, a more … Read more
Iran War Cools US Housing Market: Mortgage Rates Rise, Sales Forecasts Cut
The escalating tensions in the Middle East, following recent strikes, are reverberating across global markets, and the U.S. Housing sector is already feeling the impact. While … Read more