Your Pulse On America: Live And Unfiltered
A sign is posted in front of a home for sale in San Rafael, California, on Aug. 7, 2024. Justin Sullivan | Getty Images Mortgage rates last week dropped to the lowest level since October of last year. That caused a massive run on refinances, as consumers seek more savings in an uncertain economy. Applications…
Mortgage rates dropped sharply Tuesday, as investors in mortgage-backed bonds seemed to buy in ahead of a widely expected rate cut by the Federal Reserve. The average rate on the 30-year fixed mortgage dropped 12 basis points from Monday to 6.13%, according to Mortgage News Daily. That is the lowest level since late 2022. “The…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. The family offices…
An aerial view of homes in a neighborhood on Aug.27, 2025 in San Francisco, California. Justin Sullivan | Getty Images A sharp drop in mortgage interest rates finally got some homebuyers off the fence. It also helped more current homeowners save on their monthly payments Total mortgage application volume jumped 9.2% last week compared to…
Owngarden | Moment | Getty Images Five years ago, when the pandemic pushed e-commerce to new highs, the industrial warehouse space became the biggest commercial real estate play around. It began to slow in 2022, but now economic uncertainty brought on by constantly changing tariff policy and persistently high inflation is taking a greater toll…
Las Vegas Skyline Landscape Usa-taro | Istock | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to…
A ‘For Sale’ sign is posted beside property for sale in Alhambra, California, on August 28, 2025. Frederic J. Brown | AFP | Getty Images Mortgage rates fell again last week, but not enough to pull overall demand out of the rut it’s been in for the past month. Total mortgage application volume dropped 1.2%…
Housing block in Warsaw, Poland Busà Photography | Moment | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public…
An aerial view of a housing development on August 08, 2025 in Las Vegas, Nevada. Justin Sullivan | Getty Images For the second week in a row, mortgage demand has barely moved, as interest rates also remain stuck in the mud. Total mortgage application volume fell 0.5% last week compared with the previous week, according…
A “For Sale” sign outside a house in the Capitol Hill neighborhood of Washington, DC, US, on Tuesday, Aug. 12, 2025. Al Drago | Bloomberg | Getty Images Sales of previously owned homes rose 2% in July compared with June to 4.01 million units, on a seasonally adjusted, annualized basis, according to the National Association…