U.S. Mortgage Interest Rates Top 4% for First Time Since 2019
Interest rate on most popular U.S. home loan surged by most in nearly two years last week, shooting above the 4% level for the first time since 2019.
Recent
Heirs Locked Out of Little Rock's Historic Pike-Fletcher-Terry House, Need Key to Inspect the Mansion
Plaintiffs in lawsuit over Little Rock's historic Pike-Fletcher-Terry House can't get key to go in. They need to assess condition of house.
China Property Bets Roiled by Deleted Post on ‘All Out’ Support
The news sent more than 20 Chinese property and construction stocks jumping by the 10% daily limit on Tuesday.
Unfair and Unpaid: A Property Tax Money Machine Crushes Families
Officials auctioned over 100,000 homes in past decade in Wayne County, MI, which transformed delinquent property taxes into investment opportunities.
Supersized Mortgages Are Making the Agency MBS Market Riskier
Home price appreciation is the foundation of why loan sizes are getting larger, mostly underpinned by lower rates.
Evergrande Declared in Default as Huge Restructuring Looms
(Bloomberg) - China Evergrande Group has officially been labeled a defaulter for the first time, the latest milestone in months-long financial drama that’s likely to culminate in a massive
Elon Musk Officially Owns No Homes
Elon Musk officially owns no homes: Tesla CEO sells off lavish Silicon Valley estate for $30 million.
