A man walks past the U.S. Capitol building in Washington, June 25, 2020. Al Drago | Reuters The number of homeowners in government and private sector mortgage bailout plans declined for the second straight week, as borrowers who got in earliest saw their plans expire. More borrowers, however, are getting extensions of those initial three-month […]
As New York City goes, so goes urban centers across the U.S., according to Ryan Schneider, chief executive of Realogy Holdings.The coronavirus pandemic has pushed city dwellers and potential homebuyers to flee dense areas like New York and parts of California for...
Wells Fargo is raising the bar for new customers to get a popular mortgage product, CNBC has learned exclusively.The bank is now requiring new clients to bring at least $1 million in balances if they want to refinance a jumbo mortgage, up from a previous level of...
The number of apartments listed for rent in Manhattan reached record levels in June, as brokers remained unable to host showings amid the coronavirus pandemic and more renters left the city, according to a new report.More than 10,000 apartments were listed on the...
With online sales proliferating during the coronavirus pandemic, the U.S. is going to need more warehouses to store hoards of boxes and handle those orders. Holed up at home, and with many bricks-and-mortar stores temporarily shut, shoppers have turned to their...
Homebuilder Taylor Morrison posted record sales last month and saw the best output come from coronavirus hot-spot states, CEO Sheryl Palmer told CNBC on Wednesday.Home sales for the company nearly doubled in the month of June.”We have seen, if you think about...
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