CNBC's Diana Olick reports existing home sales. source
Tag Archives: business news
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Mar
CNBC’s Diana Olick on why the housing market is in deep trouble. With CNBC’s Sara Eisen and the Fast Money traders, Tim Seymour, Courtney Garcia, Jeff Mills and Steve Grasso For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC […]
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Demand for mortgages increased for the second straight week, despite some volatility in mortgage rates. Total application volume rose 6.5% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. related investing news The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) […]
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Construction workers work on a home, as a subdivision of home is built in San Marcos, California, January 31, 2023. Mike Blake | Reuters Mortgage rates are high and volatile, homes are still pricey, and inflation is not in check, but, even so, the nation’s homebuilders are starting to feel better about their business. A […]
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A residential neighborhood in Austin, Texas, on Sunday, May 22, 2022. Jordan Vonderhaar | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage dropped to 6.57% on Monday, according to Mortgage News Daily. That’s down from a rate of 6.76% on Friday and a recent high of 7.05% last Wednesday. Mortgage […]
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Homes at Rivo Alto Island in Miami Beach, Florida, US, on Wednesday, Feb. 1, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images The U.S. housing market is taking a hard hit from higher mortgage rates, and luxury home sales are seeing the worst of it. Sales of luxury homes dropped 45% during the three […]
Real Estate World
Housing will see a slow and bumpy return to normalcy, says Black Knight’s Andy Walden
10
Mar
Mar
ShareShare Article via FacebookShare Article via .Share Article via LinkedInShare Article via E. The Exchange Andy Walden, Black Knight vice president, joins ‘The Exchange’ to discuss mortgage demand and the housing sector. 04:17 Wed, Mar 8 20231:56 PM EST source
07
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Doug Bauer, Tri Pointe Homes CEO, joins 'Squawk Box' to discuss what he's seeing in new home listings, how much flexibility the company has on getting its costs lower and more. source
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The average rate on the 30-year fixed mortgage jumped back over 7% on Thursday, rising to 7.1%, according to Mortgage News Daily. Growing fears that inflation is not cooling off are pushing bond yields higher. Mortgage rates loosely follow the yield on the U.S. 10-year Treasury. “Rates continue to move at the suggestion of economic […]
03
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Mar
CNBC's Diana Olick joins 'The Exchange' to report on 30-year fixed mortgages moving slightly higher than 7 percent. source