Homebuyers are taking advantage of lower mortgage rates and a slow summer for sellers, and that is driving mortgage applications higher. Total mortgage application volume rose 2.0 % last week compared with the previous week.
It’s a sign that the prominent Democratic donor is opening his network to the former vice president.
A federal appeals court last week overturned a prior ruling that had favored the government’s collection of the mortgage giants’ profits.
CNBC’s Diana Olick reports from Capitol Hill where Treasury Secretary Steven Mnuchin told her he’s exploring a number of options to push forward with privatizing Fannie Mae and Freddie Mac.
Mortgage rates are around the lowest in three years, but buyers are suddenly much more cautious about purchasing a home. Competition is cooling, and consequently sellers can no longer command any price.
Axios Business Editor Dan Primack and CNBC’s Leslie Picker join “The Exchange” to discuss WeWork’s IPO roadshow and the controversy surrounding the company.
Here’s a look at the top and bottom five U.S. cities in terms of retiree-friendliness, as ranked by personal finance website WalletHub.
Goldman is listed as a co-founder of Western LNG on the company’s website, alongside entries for the firm’s CEO and senior vice president.
The Trump administration released its first formal recommendations to overhaul the housing finance system, and begin the process of removing Fannie Mae and Freddie Mac from government conservatorship, where they have been for the past 11 years.
The valuation targets for controversial real estate company WeWork are being dramatically lowered, sources told CNBC’s David Faber.