Today: November 14, 2024
Today: November 14, 2024

Latest From ALEX VEIGA

Asia|Business|Economy

Japan's Sekisui House buying Denver-based homebuilder M.D.C. Holdings for $4.9 billion

Japan’s Sekisui House Ltd

Business|Economy|Finance|US

US home sales slowed again in September, falling to weakest annual pace in nearly 14 years

Sales of previously occupied U.S. homes slowed in September to the weakest annual pace in nearly 14 years even as mortgage rates eased and the supply of properties on the market continued to climb

US home sales slowed again in September, falling to weakest annual pace in nearly 14 years
Economy|Finance|US

Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks

The average rate on a 30-year mortgage in the U.S. moved higher for the third week in a row and reached the highest level since late August

Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks
Finance|Stock Markets

Stock market today: Wall Street climbs as S&P 500 closes out fourth straight winning month

Stocks on Wall Street bounced back from a midafternoon fade Friday, and the market closed out its fourth straight winning month with solid gains

Stock market today: Wall Street climbs as S&P 500 closes out fourth straight winning month
Business|Finance|US

Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits

Redfin has agreed to pay $9.25 million to settle federal lawsuits that claim U.S. homeowners were saddled with artificially inflated broker commissions when they sold their home as a result of longstanding real estate industry practices

Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits
Business|Finance

Keller Williams agrees to pay $70 million to settle real estate agent commission lawsuits nationwide

One of the nation’s largest real estate brokerages has agreed to pay $70 million as part of a proposed settlement to resolve more than a dozen lawsuits across the country over agent commissions

Keller Williams agrees to pay $70 million to settle real estate agent commission lawsuits nationwide
Business|Finance|Stock Markets

Stock market today: Wall Street ends mixed in half-day session, marks fourth straight winning week

Stocks drifted to a mixed finish after a half-day trading session capped a holiday shortened week that left the major indexes with their fourth straight winning week

Stock market today: Wall Street ends mixed in half-day session, marks fourth straight winning week
Business|US

National Association of Realtors CEO stepping down; ex Chicago Sun-Times CEO tapped as interim hire

The CEO of the National Association of Realtors is stepping down nearly two months before his planned retirement

National Association of Realtors CEO stepping down; ex Chicago Sun-Times CEO tapped as interim hire
Business|Finance|US

Real estate industry facing pushback to longstanding rules setting agent commissions on home sales

A series of court challenges seek to upend longstanding real estate industry practices that determine the commissions agents receive on the sale of a home — and who foots the bill

Real estate industry facing pushback to longstanding rules setting agent commissions on home sales
Business|Economy|Finance|US

Home listings climb in nation's priciest markets as locked-up inventory starts to shift

The recent pullback in mortgage rates and expectations of further easing next year may be motivating more U.S. homeowners to list their home for sale

Home listings climb in nation's priciest markets as locked-up inventory starts to shift
Economy|Finance|US

US home sales fell in August despite easing mortgage rates, more homes on the market

Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising

US home sales fell in August despite easing mortgage rates, more homes on the market
Business|Economy|Finance

Average rate on a 30-year mortgage eases to 6.35%, its lowest level in more than a year

The average rate on a 30-year mortgage eased for the second week in a row and remains at its lowest level in more than a year

Average rate on a 30-year mortgage eases to 6.35%, its lowest level in more than a year
Business|Economy|Finance|Lifestyle

Looking to buy a home? You may now need to factor in the cost of your agent's commission

Thinking of buying a home with the help of a real estate agent

Looking to buy a home? You may now need to factor in the cost of your agent's commission
Business|Economy|Finance

Average rate on a 30-year mortgage ticks up to 6.49%, near its lowest level in more than a year

The average rate on a 30-year mortgage edged higher this week, holding close to its lowest level in more than a year

Average rate on a 30-year mortgage ticks up to 6.49%, near its lowest level in more than a year
Business|Economy|Finance

Homeowners race to refinance as mortgage rates retreat from 23-year highs

A recent pullback in mortgage rates is spurring more homeowners to refinance their home loan and lower their monthly payments

Homeowners race to refinance as mortgage rates retreat from 23-year highs
Business|Economy|Finance|US

US home sales fell in June to slowest pace since December amid rising mortgage rates, home prices

Sales of previously occupied U.S. homes fell in June for the fourth straight month as elevated mortgage rates and record-high prices kept many would-be homebuyers on the sidelines

US home sales fell in June to slowest pace since December amid rising mortgage rates, home prices
Business|Economy|Finance

Average rate on a 30-year mortgage falls slightly, easing borrowing costs for home shoppers

The average rate on a 30-year mortgage fell slightly this week, providing modest relief for home shoppers facing record-high home prices

Average rate on a 30-year mortgage falls slightly, easing borrowing costs for home shoppers
Business|Economy|Finance

Average long-term US mortgage rate falls again, easing to lowest level since early April

Home loan borrowing costs eased again this week as the average rate on a 30-year mortgage declined to its lowest level since early April

Average long-term US mortgage rate falls again, easing to lowest level since early April
Business|Economy|Finance|US

Long-term mortgage rates ease for third straight week, dipping to just below 7%

The average rate on a 30-year mortgage dipped this week to just below 7% for the first time since mid April, a modest boost for home shoppers navigating a housing market dampened by rising prices and relatively few available properties

Long-term mortgage rates ease for third straight week, dipping to just below 7%
Business|Economy|Finance|Lifestyle|US

Spending on home renovations slows, but high remodeling costs mean little relief in sight for buyers

Homeowners have been spending more for renovations in recent years, as high interest rates and inflation drove up costs for everything from flooring to refrigerators

Spending on home renovations slows, but high remodeling costs mean little relief in sight for buyers
Business|Economy|Finance|US

Average long-term US mortgage rate rises for again, reaching highest level more than five months

The average rate on a 30-year mortgage climbed this week to its highest level in more than five months, pushing up borrowing costs for prospective homebuyers in what’s typically the housing market’s busiest stretch of the year

Average long-term US mortgage rate rises for again, reaching highest level more than five months
Business|Economy|Finance

Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuits

A real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide

Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuits
Business|Economy|Finance|US

Average long-term US mortgage rate climbs above 7% to highest level since late November

Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its highest level in nearly five months

Average long-term US mortgage rate climbs above 7% to highest level since late November
Business|Economy|Finance|US

Investors pushing for fatter yields on mortgage-backed securities may undercut easing mortgage rates

Mortgage rates are expected to come down later this year, but any benefit to homebuyers could be muted by developments in the market for financial instruments tied to mortgages

Investors pushing for fatter yields on mortgage-backed securities may undercut easing mortgage rates
Business|Economy|Finance

Compass agrees to pay $57.5 million, make policy changes to settle real estate commission lawsuits

Real estate brokerage company Compass Inc. will pay $57.5 million as part of a proposed settlement to resolve lawsuits over real estate commissions

Compass agrees to pay $57.5 million, make policy changes to settle real estate commission lawsuits

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