- China Evergrande's troubles mount as chairman is suspected of 'illegal crimes'
The company did not elaborate on what were the crimes, or what measures were taken against chairman Hui Ka Yan.
- Shares of Evergrande have been suspended amid reports its chairman is under surveillance
Shares of Chinese real estate giant Evergrande have been suspended, Hong Kong's exchange announced Thursday.
- What a stressed commercial real estate market means for these exposed bank stocks
Higher interest rates, tightening credit conditions, and elevated office vacancies are weighing down the $21 trillion commercial real estate sector.
- ‘Rental recession’: London office vacancies hit 30-year high
London's office market is in a "rental recession," Jeffries said, reporting that vacancies in the capital's business hubs had hit a 30-year high.
- Trump and company liable for fraud in New York lawsuit, judge rules
Donald Trump fraudulently manipulated real estate valuations for years to falsely inflate his net worth by billions of dollars, a New York judge ruled.
- Mortgage demand shrinks as interest rates hit the highest level in nearly 23 years
Applications for a mortgage to purchase a home fell 2% for the week and were 27% lower than the same week one year ago.
- Sales of newly built homes reverse course, drop nearly 9% in August
Sales of newly built homes dropped as mortgage rates jumped.
- Fixing China's property sector could take years — if not a decade, says economist
China's urbanization drive may be drawing to a close — and that could further hurt the already ailing property sector, according to China economist Hao Hong.
- This big-ticket purchase may be a 'grenade in your otherwise well-planned retirement,' advisor warns
As your wealth increases, it may be tempting to buy a second home or a boat. But advisors warn those purchases can take a big chunk from your retirement funds.
- China property stocks tumble as Evergrande drops 25% on debt restructuring roadblock
Chinese real estate giant Evergrande announced it is unable to issue new notes, and rescheduled a debt restructuring meeting with its creditors.
- We're buying more of this turnaround toolmaker stock in this week's down market
Taking the other side of the doom-and-gloom trade, we're putting more of our healthy cash position to work.
- Weekly mortgage demand increases, driven by a strange surge in refinancing
Mortgage demand rose last week despite another increase in interest rates.
- Girls, young women want to be homeowners by age 30, study finds. Here's how they can achieve that goal
Girls and young women want to be homeowners by the time they're 30 years old, a report found. The market is tough, but they have time. Here's how to prepare.
- Home sales stick near recent lows in August, but prices continue to climb
Higher mortgage rates and lower inventory levels are hitting homebuyers hard.
- The Federal Reserve leaves rates unchanged. Here's how it impacts your money
At the end of its two-day meeting Wednesday, the Fed said it would skip a rate hike in September. But it won't get any less expensive to borrow.
- The Federal Reserve may not hike interest rates this week. What that means for you
After raising interest rates 11 times since March 2022, the Fed is poised to take a break. Here's what that means for your wallet.
- Homebuilder sentiment goes negative for the first time in 7 months, thanks to higher mortgage rates
Homebuilder sentiment fell into negative territory as potential buyers struggle to afford new homes in a higher mortgage rate environment.
- 3 financial tips for couples moving in together for the first time
When couples move in together for the first time, many financial questions and tasks arise, leaving room for disagreement and awkwardness.
- Manhattan median rent remains at record high of nearly $4,400 a month
Brokers said buyers who would normally be looking to purchase apartments are choosing to rent for now given high interest rates.
- Mortgage demand stalls at a level not seen since 1996
Mortgage demand flattened last week as interest rates rose even higher.
- Op-ed: Here's why I am so bullish on the financial advisory industry
It's important to find an advisor you trust. Doing so comes down to engaging in research and homework, interviewing advisors, and asking the right questions.
- Americans who don't own a home say they lack savings for a down payment, CNBC survey finds
First-time homebuyers often need to come up with just 6% or 7% as a down payment. Meanwhile, states and cities offer funds to help you come with the cash.
- Apartment rents are on the verge of declining due to massive new supply
A year ago, rents were posting 11% annual growth. Now they look like they're about to go negative year over year.
- An overnight locksmith can cost $400. Here's how much you might have to fork over for other emergencies
More than half of employees are unable to cover a $500 emergency expense. Here are emergencies investors may be exposed to and safety measures to consider.
- China's property market is going in 'two directions,' says ex-central bank advisor
Li Daokui says that "in the coming two months a lot of policies will go out, including policies to stabilize the finances of the largest property developers."
- 'House-rich' Americans are sitting on nearly $30 trillion in home equity. Here's how to tap it
Many Americans are house-rich, thanks to skyrocketing housing prices. Here are the best ways to tap your home for cash.
- Evergrande soars 70% leading Chinese property stocks higher after Country Garden avoids default
The real estate sector was the top gainer on the HSI, but the overall index was still in negative territory, dragged by health-care and industrial stocks.
- Mortgage demand drops to 27-year low as interest rates pull back
After rising sharply for several weeks, mortgage interest rates pulled back slightly last week, but not enough to revive mortgage demand.
- Mortgage rate tipping point: Homeowners say roughly 5% is the magic number to move
At today's financing rates, it could cost more to move, even into a less expensive home. That creates an incentive for homeowners to stay put.
- Hong Kong property stocks surge as China takes action to revive property sector
Stocks were also helped by Country Garden Holdings reportedly winning approval to extend repayment on an onshore private bond to 2026.
