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Mortgage closings at risk as coronavirus shutters title and recording offices
News 4 days ago
Mortgage closings at risk as coronavirus shutters title and recording offices

Only weeks ago, thousands of borrowers were rushing to take advantage of record-low mortgage rates. Refinance applications soared over 400%...

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Potential wave of mortgage delinquencies could bankrupt the payment system
News 5 days ago
Potential wave of mortgage delinquencies could bankrupt the payment system

Last week the regulator for mortgage giants Fannie Mae and Freddie Mac announced a forbearance program for borrowers unable to pay their loans...

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Douglas Elliman chairman Howard Lorber: Coronavirus isn't impacting real estate yet
News 3 weeks ago
Douglas Elliman chairman Howard Lorber: Coronavirus isn't impacting real estate yet

Sam Zell, chairman of Equity Group Investments and billionaire real estate investor, and Howard Lorber, president and CEO of the Vector Group and...

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Weekly mortgage refinances spike 26% as interest rates tank on coronavirus fears
News 3 weeks ago
Weekly mortgage refinances spike 26% as interest rates tank on coronavirus fears

A sharp drop in mortgage interest rates had borrowers rushing to their lenders last week. Refinance volume spiked, sending total mortgage...

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Here's what $1 million buys you in real estate around the world
News 3 weeks ago
Here's what $1 million buys you in real estate around the world

When it comes to real estate, $1 million doesn't go as far as it used to - especially in the world's top cities. In Monaco, the world's most...

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UBS reportedly racing to curb outflows at landmark real estate fund
News 1 month ago
UBS reportedly racing to curb outflows at landmark real estate fund

UBS is reportedly racing to stanch outflows at its landmark $20 billion real-estate fund amid worries about its retail holdings and extended...

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Non-bank mortgage lenders may face more scrutiny from regulators
News 1 month ago
Non-bank mortgage lenders may face more scrutiny from regulators

As the housing market heats up, non-bank lending is taking over the mortgage market. Now regulators are raising red flags. David Stevens, former...

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Buying residential property overseas can be fraught with complications. Here's what to watch out for
News 1 month ago
Buying residential property overseas can be fraught with complications. Here's what to watch out for

When one American decided to trade New York for Barcelona, her first step was to buy an apartment. But that initial transaction proved to be...

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Mortgage rates around 3% will get buyers out: Economist
News 1 month ago
Mortgage rates around 3% will get buyers out: Economist

CNBC's "Power Lunch" discusses the latest in housing with Mark Zandi, chief economist at Moody's Analytics....

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Quicken Loans CEO Jay Farner on the housing market
News 1 month ago
Quicken Loans CEO Jay Farner on the housing market

Mortgage rates have dipped to the lowest level since November, proving even the housing market is vulnerable to the coronavirus. Jay Farner,...

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4 key questions to ask now before you decide to refinance your mortgage
News 2 months ago
4 key questions to ask now before you decide to refinance your mortgage

Today borrowers can snag a 30-year mortgage for 3.81% and a 15-year loan for 3.16%, compared to 4.46% and 3.91%, respectively, just a year ago,...

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Weekly mortgage applications soar 30% as homebuyer demand hits the highest level in 11 years
News 2 months ago
Weekly mortgage applications soar 30% as homebuyer demand hits the highest level in 11 years

It was a seriously strong start to 2020 in the mortgage business for new home loans and refinances. Total mortgage application volume surged 30.2%...

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There's 'fairly good opportunity' for real estate investors in 2020: Eastspring Investments
News 2 months ago
There's 'fairly good opportunity' for real estate investors in 2020: Eastspring Investments

Ken Wong of Eastspring Investments says 2020 is a "fairly good opportunity" for real estate investors. In particular, he says valuations for Hong...

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Why real estate investors are flocking to Singapore
News 2 months ago
Why real estate investors are flocking to Singapore

Singapore has emerged as the top investment prospect for property in Asia Pacific, according to a new report from PwC and the Urban Land Institute....

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The rise of Amazon has led to a split between thriving and struggling malls
News 3 months ago
The rise of Amazon has led to a split between thriving and struggling malls

The past decade has spawned a division between the haves and have-nots of U. S. malls.The better mall owners have been finding new tenants to bring...

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M&G suspends UK's biggest commercial property fund
News 3 months ago
M&G suspends UK's biggest commercial property fund

The UK's biggest commercial property fund has been suspended after its adminstrators claimed "Brexit-related political uncertainty," was causing...

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WeWork reportedly planning to lay off thousands as it attempts to reverse its fortunes
News 4 months ago
WeWork reportedly planning to lay off thousands as it attempts to reverse its fortunes

WeWork is preparing to cut at least 4,000 jobs in a bid to achieve financial stability and those layoffs could be announced as early as this week,...

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How real estate can help cities reach the Paris pact goals
News 4 months ago
How real estate can help cities reach the Paris pact goals

Ed Walter of Urban Land Institute says the real estate sector is realizing there are economic benefits to pursuing the Paris climate agreement's...

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UAE's central bank boss warns of rising risks after latest interest rate cut
News 4 months ago
UAE's central bank boss warns of rising risks after latest interest rate cut

ABU DHABI - A recent move by the United Arab Emirates (UAE) to cut interest rates will protect the currency and support the economy amid rising...

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