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Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Loan officer explains his best tips for finding the best mortgage
CNBC's "Power Lunch" team and Diana Olick are joined by Matt Weaver, Cross Country Mortgage loan officer and vice president of sales, to discuss what home buyers best mortgage options are. Read Article
Existing home sales jump 11.8 percent in February
Bill Smead, Smead Capital Management CEO and CIO, joins 'The Exchange' to discuss why housing is staying strong despite concerns of a slowing economy. Read Article
Mortgage rates are now breaking to new lower territory, and they could stay there for months
The average rate on the 30-year fixed mortgage is falling again today, as investors rush into the bond market. Mortgage rates loosely follow the yield on the 10-year Treasury. Lower rates area already igniting home buying. Read Article
Home sales make record jump, proving how sensitive buyers are to mortgage rates
Sales of existing homes skyrocketed a whopping 11.8 percent in February compared with January, according to the National Association of Realtors. Read Article
Mortgage rates just tanked thanks to the Fed – and they could go even lower
The average rate on the popular 30-year fixed rate mortgage, which had been sitting for days at 4.40 percent, fell sharply to 4.34 percent. Read Article
Swanky ski homes could lose value as climate change hurts resorts
Snow sport seasons are getting shorter, due to warmer temperatures. That is already having a distinguishable financial impact on residential and resort properties that profit from snow. Read Article
Climate change already taking a toll on the $20 billion ski industry
CNBC's Diana Olick takes a look a how climate change is affecting the $20 billion ski industry. Read Article
Hong Kong is building an $80 billion artificial island to fix its housing shortage
Secretary for Development Michael Wong said in a speech Tuesday that around 1,000 hectares of land would be constructed to deal with Hong Kong's "serious shortage of land supply." Read Article
Weekly mortgage applications set a record for the third straight week
Lower rates are not giving mortgage demand any sizable boost, except when it comes to higher-end homes. Read Article
Saudi Arabia is giving its capital a $23 billion makeover
Saudi Arabia will be pumping $23 billion into a massive beautification project for its capital Riyadh, its government has announced. Read Article
