There is a new way to take cash out of your home with no monthly payments and no interest. It’s not a loan. It’s not a mortgage. It is a contract with an investor who wants to purchase some of your home equity in cash—but it can be costly in the end.
President Trump released a memorandum last week on finance reform. Peter Wallison, AEI fellow, joins ‘The Exchange’ to discuss how the memorandum could cause a U.S. housing crisis.
If you’re shopping for a cheap home this spring, good luck. The median value of homes listed for sale in March hit a record $300,000, according to realtor.com.
Andrew Hay of Knight Frank says buyers are waiting for the moment of “maximum opportunity” to get best value in the residential property market in the U.K. He also says that this “moment” could be “quite close.”
The biggest one-week rate drop in a decade unleashed a run on refinances, although it did not especially spur spring buyers.
Laura Kusisto, The Wall Street Journal’s U.S. housing reporter, and CNBC’s Diana Olick join ‘The Exchange’ to discuss why more home buyers are moving farther away for affordable housing even if it means a longer commute.
New York real-estate just had its worst quarter since the financial crisis. The state’s answer: higher real estate taxes. CNBC’s Robert Frank reports.
Lofty home prices aren’t the only scary thing in Silicon Valley; property taxes assessed to more expensive dwellings are also rising.
Zillow announces a new “Home Loans” division that will allow users shopping for mortgages to receive financing directly from the company.
Home price gains are about to take off, according to Corelogic. The real estate data and analytics company is predicting that annual gains in home prices could hit close to 5 percent by 2020, thanks to falling interest rates.