Patchogue, N.Y.: A For Sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024. Steve Pfost | Newsday | Getty Images Mortgage rates moved slightly lower again last week, keeping refinance demand on the rise. Applications to refinance a home loan jumped 10% compared with the previous week and…
Tour the Ferrari-inspired mansion that broke a local record in Delray Beach, Florida, when it sold for $50.5 million. The almost 22,000-square-foot megahome known as Casa Maranello is named after the city in Italy that is home to Ferrari. CNBC’s Ray Parisi and listing agent Senada Adzem of Douglas Elliman take you inside for an…
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Single-family homes in a residential neighborhood in San Marcos, Texas. Jordan Vonderhaar | Bloomberg | Getty Images Homebuyers are seeing very little reason to get a jump on the all-important spring housing market, even with more listings coming up for sale. Mortgage rates haven’t moved much in the last few weeks, and home prices continue…
Share Street Signs Asia Alexander Davey, head of client portfolio managers at Eastspring sees U.S. policies driving volatility in Asia. He sees attractive valuations in select Chinese stocks, and anticipates improvements in India markets heading into the second half of 2025. He is also bullish on select themes, including AI, semiconductors, and financial services. 03:40…
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A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. Patrick T. Fallon | AFP | Getty Images Mortgage rates didn’t move last week, but demand for new home loans continued to weaken. Both homebuyers and current homeowners are hampered by today’s higher interest rates.…
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Share CNBC Digital Original Video Historically destructive wildfires ripped through Southern California this month, leaving more than 16,000 structures destroyed and insurers facing $40 billion in payouts. The disaster compounds an already dire situation for California’s insurance market after multiple home insurers limited underwriting or pulled out of the state all together. Now, California joins…
