Manhattan luxury real estate sales hold firm despite fears of a 'Mamdani effect'
A month after the passage of a tax on second homes in New York City, brokers and analysts said sales of luxury real estate remain strong.
A month after the passage of a tax on second homes in New York City, brokers and analysts said sales of luxury real estate remain strong.
The president defended his family's business and said he feels bad that the presidency creates a conflict of interest in any of his children's investments.
Brookfield's CEO said the firm is bringing data centers to London's Canary Wharf, as demand for AI infrastructure in the U.K. soars.
The spread between the 30-year fixed-rate mortgage and adjustable-rate loans is narrowing, causing demand for ARMs to weaken.
President Donald Trump abruptly canceled the signing of a bill aimed at increasing housing affordability an hour before he was due at the Capitol for the ceremony.
The House on Tuesday gave final passage to a bill aimed at lowering costs for homebuyers and reining in private equity.
Rep. Dan Goldman, D-N.Y., is fighting for his political life in a race with Brad Lander, who is backed by Mayor Zohran Mamdani and Sen. Bernie Sanders, I-Vt.
The House is also expected to advance a sprawling housing package this week that's aimed at creating more supply and making homes more affordable.
While high home values mean homeowners are sitting on an estimated $11 trillion in equity, it should not be viewed as free money, experts say.
CNBC’s Jim Cramer said next week’s lighter earnings calendar will put the focus on key economic data.
The vast majority of data centers globally face either acute risk from climate change events or chronic risk from ongoing climate issues like extreme heat.
Here’s a look at how the Fed's June interest rate decision may affect your finances.
Any delay, and continuation of acting DNI Bill Pulte in the role, is likely to endanger the reauthorization of a key U.S. intelligence authority.
A mixed week for mortgage rates resulted in less demand from both current homeowners and potential homebuyers.
Top lawmakers reached an agreement on a key housing bill that would limit investor ownership, clearing the way for passage through both chambers of Congress.
The Federal Reserve's June meeting, the first helmed by new Fed Chair Kevin Warsh, may impact many consumer borrowing and savings rates down the road.
CNBC's Jim Cramer said investors are rotating into defensive sectors, signaling a growing preference for safety over risk.
Mortgage demand from both current homeowners and potential buyers rose sharply, even though interest rates climbed as well.
Home sales rebounded in May as mortgage rates dropped back a bit in April, but prices are still rising.
The denial rate in loan applications was 15.1% in 2024, up from 12.2% in 2021, a rise that occurred alongside surging mortgage rates, the St. Louis Fed found.
Frustrated sellers are pulling their homes off the market at an increasingly high pace, as demand weakens and bidding wars wane.
Pulte is widely viewed as a Trump loyalist who has targeted the president's political foes during his tenure leading the housing regulatory agency.
Mortgage rates fell slightly last week, but neither current homeowners nor potential homebuyers were inspired. Demand for mortgages fell overall.
Intelligence community veterans have warned that Pulte is ill-prepared for the job and could target Trump's foes in the role.
In his role atop the housing finance agency, Bill Pulte has used his access to mortgage records to refer some top Trump opponents for prosecution.
Pulte has alleged wrongdoing related to mortgages against Trump's foes, Federal Reserve Governor Lisa Cook and New York Attorney General Letitia James.
Insurance premiums have soared for many homeowners in recent years, but there are steps policyholders can take to reduce them, experts said.
Berkshire's purchase of homebuilder Taylor Morrison gives the conglomerate a larger foothold in housing and appears to have been struck at a bargain valuation.
Analysts say the deal between Berkshire Hathaway and Taylor Morrison signals that the housing market may have bottomed.
The acquisition marks one of the first major strategic deals under Warren Buffett's successor Greg Abel, who took over as CEO in the beginning of 2026.
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