Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Mortgage rates shoot higher after Fed Chairman Powell's comments
Mortgage rates moved decidedly higher after Federal Reserve Chairman Jerome Powell moved up his timeline for raising rates and tapering asset purchases. Read Article
Here are some money moves to make while the Fed keeps rates near zero
Rock-bottom rates can help some Americans save money, especially if they can pay down high-interest debt or take out a low-interest loan. Read Article
Eviction protections for renters will extend beyond June in these locations
With millions of Americans still behind on their rent, some states and cities will continue to ban evictions after the national moratorium expires. Read Article
Mortgage refinances rebound as rates drop temporarily to lowest level in a month
After three straight weeks of declines, mortgage demand came crawling back, thanks to a drop in interest rates. Read Article
Lumber prices soar 275% in the pandemic, shutting out homebuilders: CNBC After Hours
A Covid-era lease break for retailers looks set to become industry standard, WSJ reports
Flexible leasing agreements allowed retailers to manage costs and have been particularly helpful for new retailers, the Journal reported. Read Article
With eviction ban expiring in 14 days, many states have given out under 5% of rental assistance
Many states have been slow to give out the billions of dollars in rental assistance allocated by Congress. That could soon result in a wave of evictions. Read Article
Rents for single-family homes just saw the largest gains in nearly 15 years
With home prices sky high, demand for single-family rental homes is soaring – and so are the rents. Read Article
Homebuilder sentiment drops to 10-month low, as construction costs drive prices higher
Rising construction costs are sidelining buyers and making it harder for some builders to get construction loans. Read Article
London's most expensive penthouse offered in a whisper listing for $247 million
The nine-figure trophy flat, owned by London real estate developer Nick Candy, spans two floors at 9,000 square feet per level, with a total of five bedrooms. Read Article
