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Updated: 2 hours 6 min ago
More Black women are becoming homeowners — it doesn’t mean it's easier, economist says
While Black women in the U.S. are outpacing Black men as homebuyers, buying still isn't easy. Here are a few hurdles that affect homeownership for Black women.
Categories: Real Estate
Strong earnings and an online advertising play by Walmart have us wondering about Costco
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Categories: Real Estate
2 out of 5 industrial stocks are at record highs. Here's our post-earnings outlook on all of them
Earnings season was not perfect for our industrial-focused portfolio companies, but we're feeling pretty good about their prospects.
Categories: Real Estate
Trump ordered to pay $454 million in fines and interest in NY business fraud case
The fraud trial ruling comes as Donald Trump seeks the Republican presidential nomination, setting up a likely rematch with President Joe Biden.
Categories: Real Estate
Mortgage rates shoot to 2-month high after new report shows inflation is still hot
The average rate on the 30-year fixed mortgage jumped to 7.14%, according to Mortgage News Daily. That is the highest level in two months.
Categories: Real Estate
People are moving out of cities with poor air quality — but many end up facing other climate risks
Renters and homeowners are beginning to factor climate risks into moving decisions. Yet, affordability remains the deciding factor.
Categories: Real Estate
Mortgage rates surge higher again, causing homebuyers to pull back
Mortgage rates are rising sharply again, causing mortgage demand to drop.
Categories: Real Estate
Black Americans still face 'disproportionately steep hurdles' to homeownership, expert says
While homeownership remains out of reach for many Black people in the U.S., there are two things buyers should do to increase their chances.
Categories: Real Estate
What the Year of the Dragon means for businesses, according to Maybank's fengshui report
Maybank Investment's fengshui report for 2024 takes a look at which sectors will outperform and which will face headwinds in the Year of the Dragon
Categories: Real Estate
The stock market decline on hotter inflation presents a buying opportunity. Here's why
Wall Street took a nosedive Tuesday following the before-the-bell release of hotter-than-expected January consumer inflation data.
Categories: Real Estate
New student loan repayment plan could make it easier for borrowers to become homeowners
A new, more affordable repayment plan for federal student loan borrowers may come with another advantage: It could make it easier to become a homeowner.
Categories: Real Estate
China's biggest problem is a 'lack of confidence,' Standard Chartered CEO says
Investors are closely watching China, whose stock market gyrations, deflation problem and property woes are casting a shadow over global growth outlook.
Categories: Real Estate
Renters are most exposed to climate hazards in these two states, a Harvard study finds
Here are the areas where renters are the most exposed in the U.S. California and Florida have the biggest hot spots.
Categories: Real Estate
NYCB woes reignite fears about shaky banks as anniversary of March crisis nears
Investors have worried that commercial real estate losses could trigger more turmoil after deposit runs consumed Silicon Valley Bank and Signature last March.
Categories: Real Estate
More than 18 million rental units at risk from climate hazards as extreme weather becomes more common, Harvard study finds
As extreme weather and climate-related hazards become more frequent across the U.S., renters face particular challenges.
Categories: Real Estate
Weekly mortgage demand from homebuyers is flattening as interest rates rise
Mortgage demand is struggling to contend with a what now appears to be another upswing in interest rates. Homebuyers in particular are pulling back.
Categories: Real Estate
Adam Neumann is trying to buy WeWork, but Third Point says financing not committed
Billionaire Adam Neumann is trying to buy back bankrupt real estate company WeWork, DealBook reported Tuesday.
Categories: Real Estate
Insurers such as State Farm and Allstate are leaving fire- and flood-prone areas. Home values could take a hit
Insurance companies are reducing coverage in climate-dangerous markets, leaving many homeowners without affordable property insurance options.
Categories: Real Estate
Mortgage rates jump back over 7% as stronger economic data rolls in
Mortgage rates crossed over 7% for the first time since December, making homes less affordable just ahead of the spring housing market.
Categories: Real Estate
How interest rates have changed over the last 12 months for mortgages, car loans, credit cards and more
As markets look toward potential interest rate cuts in 2024 from the Federal Reserve, these five charts show how rates have fluctuated over the last 12 months.
Categories: Real Estate
