Mortgage applications plummet as hobby rates rise
Daryl Fairweather, a chief economist for Redfin, joins CBS News’ Errol Barnett and Elaine Quijano to show off what’s driving the decline in mortgage applications. She also discusses forecasts for…
The actual intention to maneuver the housing market slowdown
Present dwelling gross sales declined once extra in January for the 12th straight month, to the lowest level posted in bigger than 12 years. Veronica Dagher, a non-public finance reporter…
Prospective homebuyers build aside down funds on ice as mortgage charges upward thrust
Rising mortgage charges are pressuring some capacity homebuyers to position the cash they’ve saved up for a down rate off to the aspect. CBS Info’ Elaine Quijano and Tony Dokoupil…
30-three hundred and sixty five days mounted-price mortgage moderate reaches best level since 2001
The standard passion price on the most accepted U.S. dwelling loan has reached its best level in bigger than two decades. Danielle Hale, chief economist for realtor.com, discussed how concerned…
Video exhibits building crumple in Turkey as earthquake strikes
Video exhibits the moment a building collapsed in Turkey’s Sanliurfa province after a 7.8-magnitude earthquake hit the country and neighboring Syria on Monday. The earthquake has killed bigger than 3,000…
First-time homebuyers priced out as “starter properties” vanish from market
Once ubiquitous “starter properties” were disappearing from the U.S. market. Joseph Gyourk, a professor at the Wharton College of Industry, joins CBS Recordsdata to focus on the rising charges and…
Mortgage rates hit two-decade excessive
Mortgage rates have climbed to their very best phases in two a protracted time. The moderate 30-one year mounted-fee mortgage now tops 7%. “CBS Data Mornings” spoke with Javier David,…