Mortgage applications rose 6.3% on a seasonally adjusted basis during the week ending Nov. 22, driven by a 12% increase in demand for purchase loans, according to data released Wednesday by the... Read more »
Jerome Powell, the chair of the Federal Reserve, said on Thursday that the U.S. economy is “not sending any signals that we need to be in a hurry to lower rates.” The... Read more »
CNBC's Diana Olick joins 'The Exchange' to report on new housing numbers for September. Source link Read more »
If last week was any indication, it will be a busy fall for Los Angeles County’s luxury market. Signed contracts for the week ended Sept. 22 spiked nearly 42 percent from the... Read more »
Some mall owners might struggle with retail tenants filing for bankruptcy, exiting spaces and refinancing debt. But, apparently not Macerich. Macerich reeled in $62.2 million in net income during the last three... Read more »
Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National... Read more »