Mortgage rates have been falling steadily since the last week of April, and that may be reigniting home price appreciation. The lower the rate, the more purchasing power buyers have. Home pr... Read more
The net profit margin outlook for mortgage lenders moved into positive territory in the second quarter for the first time in three years, according to Fannie Mae’s quarterly Mortgage Lender... Read more
There are now about 5.9 million borrowers who could see their rates drop by at least 75 basis points by refinancing their mortgages. That is an increase of 2 million in just the past month,... Read more
National home prices rose 3.7% annually in March, down from 3.9% in February, according to the S&P CoreLogic Case-Shiller home price index. Prices had been seeing double-digit annual gai... Read more
The Hamptons, once the favored vacation destination of New York City’s wealthy elite, is seeing home prices plummet and high-end properties sitting on the market for months, The New Yo... Read more
California Gov. Gavin Newsom, in his revised state budget, proposes a record $213.5 billion spending plan for the next fiscal year — that’s a 2% increase over his January budget. But t... Read more
A real estate agent shows a prospective buyer a home as he shops for a house in Coral Gables, Florida. Two weeks of rising rates are taking their toll on homeowners hoping to refinance, but... Read more
California may be the fifth-largest economy in the world, but poverty is more prevalent among families with children in the state than in the rest of the nation. “This is a state that... Read more
The Average Property Tax in U.S. Was $3,498, Up 3 Percent According to ATTOM Data Solutions 2018 property tax analysis of more than 87 million U.S. single family homes, property taxes levied... Read more
Hong Kong will spend around $80 billion to build one of the world’s biggest artificial islands. Secretary for Development Michael Wong said in a speech Tuesday that around 1,000 hectar... Read more