Personal Finance Daily: Yes, the IRS is hiring criminal investigators that can use deadly force

The IRS would be poised to get $80 billion over a decade if the Inflation Reduction Act passes. Ex-Qualcomm VP charged with fraud for hiding role in microchip startup the tech giant bought for...

Here's where China's real estate troubles could spill over

Prolonged stress in China's real estate market would negatively affect different sectors to different degrees. China has not necessarily entered such a stress scenario yet. Fitch said the recent...

More homebuyers are taking a cue from Elon Musk and Jeff Bezos and buying up real estate to create 'compounds' in...

One group of neighbors in Massachusetts joined forces and finances to buy a home for nearly $3 million and keep investors out, WSJ reported.

More people are looking to move cities in search of cheaper housing, Redfin report says

As mortgage rates hover around 5%, homebuyers seeking affordability are looking at Miami, Sacramento — and Maine.

Mortgage rates tick back up above 5%, another challenge for first-time home buyers

The 30-year fixed-rate mortgage averaged 5.22% as of August 11, according to data released by Freddie Mac.

Is Buying A House During A Recession A Good Idea?

On average, home buyers who had bought at the beginning of the 2007 recession lost 15.96% over the next five years, but still made money over 10 years.

China property think tank apologises for high vacancy rate report

BEIJING - A Chinese property think tank owned by KE Holdings apologised on Thursday for sparking a heated public discussion with its report on rising housing vacancy rates in China, and that its...

Some More Good Inflation News: Owner-Equivalent Rents Are About To Peak

Some More Good Inflation News: Owner-Equivalent Rents Are About To Peak It was seven months ago today, when looking at the latest real-time rent data from the likes of Apartment List...

Homebuyers dial back amid affordability issues, shaky economy

Mortgage rates have whipsawed of late, falling for a couple of weeks in concert with moves in the bond market caused by the Federal Reserve hiking interest rates. "The purchase market continues to...

Millennial net worth seemingly doubled since the start of COVID-19

Although the COVID-19 pandemic had devastating effects on the U.S. economy, one key demographic was able to benefit during that time: Millennials. Millennials, who are defined by the Federal...

Homebuyers Shocked After Purchasing Home and Receiving Entire Neighborhood

The mistake was allegedly caused by accidentally copy and pasting the title for an entire neighborhood development rather than the single home.

Canadian home buyers return to fixed-rate loans as economy wobbles

By Nichola Saminather TORONTO - Canadian home buyers are shifting to fixed-rate mortgages at the fastest pace in a year, on bets that more rate hikes from the central bank are in store to bring...

Fed's Evans sees rates rising to 3.25%-3.5% by year-end

- Wednesday's consumer price index report showing inflation didn't accelerate in July was the first "positive" reading on inflation since the Federal Reserve began tightening policy, Chicago Fed...

Canadian home buyers return to fixed-rate loans as economy wobbles

Canadian home buyers are shifting to fixed-rate mortgages at the fastest pace in a year, on bets that more rate hikes from the central bank are in store to bring inflation under control, even as...

Wild swings in mortgage rates last week caused a rare surge in refinancing

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased to 5.47% from 5.43%. Refinance applications rose 4% for the week but were 82% lower than...

Homebuyers dial back amid affordability issues, shaky economy

The volatile mortgage market has kept some potential homebuyers on the sidelines. Mortgage rates have whipsawed of late, falling for a couple of weeks in concert with moves in the bond market...

Homebuyers dial back amid affordability issues, shaky economy

Mortgage rates have whipsawed of late, falling for a couple of weeks in concert with moves in the bond market caused by the Federal Reserve hiking interest rates. "The purchase market continues to...

Commonwealth Bank of Australia annual profit rises 11%

-Commonwealth Bank of Australia posted its highest annual cash earnings in four years on Wednesday, as it rode a first-half surge in home lending amid record low interest rates and booked a loan...

Next Avenue: Think you can’t buy a house if you are an older adult, or self-employed? It might be possible

"Solo aging" self-employed 63-year-old wasn't sure if he could pull it off. The pandemic had altered the real estate universe, resulting in higher prices and shrinking inventory. "I just wanted to...

Home listings surge at record rate as housing market starts to cool

The number of active listings in the U.S. soared 30.7% from the previous year. Although potential buyers had more housing options in July, competition remained largely in sellers' favor. Listing...

UK Home Buyers' Average Mortgage Term Hits a Record 30 Years

UK Home Buyers' Average Mortgage Term Hits a Record 30 Years  Bloomberg

Home sellers are offering more wiggle room on prices now that the 'artificial' real estate market has peaked, says...

Home buyers now have the luxury of getting 'picky' again and negotiating lower prices after two years of upside-down power dynamics, says one broker.

Home listings surge at record rate as housing market starts to cool

The number of active listings in the U.S. soared 30.7% from the previous year. Although potential buyers had more housing options in July, competition remained largely in sellers' favor. Listing...

Home listings surge at record rate as market starts to cool

The national inventory of homes for sale grew at a record pace for a third consecutive month in July, the latest sign that rising borrowing costs are starting to cool off the housing market. The...

Factbox-How is Britain's cost-of-living crisis affecting consumer behaviour?

LONDON - As a cost-of-living squeeze on household incomes looks set to worsen in the United Kingdom, here are how consumers are adapting to the rising prices of everything from food to...

Futures Slide On Tech Weakness As Meme Stocks Fade, CPI Looms

Futures Slide On Tech Weakness As Meme Stocks Fade, CPI Looms After a Monday which started off with a powerful rally only to fizzle and close in the red, overnight market action has...

Chinese city drops all home purchase restrictions to boost demand

BEIJING - Langfang city has recently dropped all curbs on home purchases to boost buyer interest, the Beijing Daily reported on Tuesday, the first Chinese city to publicly make such an...

Hong Kong says it has held no discussions on relaxing property stamp duty

HONG KONG -Hong Kong's government said on Tuesday it had no plans to relax its stamp duty on property, responding to media reports that it could consider waiving the extra stamp duty that...

How to compete with an all-cash offer on a home

Over two-thirds of home buyers financed their purchase with a mortgage so far in 2022, according to Zillow. Here’s how to make a competitive offer against all-cash buyers.

Higher mortgage rates, limited supply pushes up prices: Real estate expert

Macro Trends Advisors LLC founding partner Mitch Roschelle explained on Monday why inflation and higher mortgage rates translate to soaring prices for apartment rentals. Speaking on "Varney &...

One-Stop Business News, backed by Mark Cuban. Free to Use →