Real estate listings Adam Jeffery | CNBC Mortgage application volume increased last week for the first time in six weeks, according to the Mortgage Bankers Association, despite a rise in interest rates. Abrupt swings in rates and uncertainty on the overall direction of the housing market are likely at play. related investing news There’s one […]
A ‘For Rent’ sign is posted near a home on February 07, 2022 in Houston, Texas. Brandon Bell | Getty Images Rents for single-family homes were 12.6% higher in July compared with the same month last year, but the gains continue to shrink from the historic high seen in April, according to a new report […]
CNBC’s Diana Olick reports on U.S. housing starts.
CNBC’s Rick Santelli and Diana Olick join ‘Squawk Box’ to break down the latest housing starts and permits data.
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Alexander Goldfarb, senior REIT analyst at Piper Sandler, joins ‘Power Lunch’ to discuss how to look at opportunities in the REIT space, why the single-family REITs are outperforming multi-family REITs and more.
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Bank of America Securities research analyst Mihir Bhatia joins ‘Power Lunch’ to discuss how much mortgage volumes will fall, if Bhatia’s coverage universe can survive a fall in mortgage volumes and which companies have advantages in this environment.
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ken Zener, homebuilder analyst at KeyBanc, joins ‘Power Lunch’ to discuss why the homebuilder sector is about to turn, which homebuilder has the most pricing power in today’s environment and how Wednesday’s Fed announcement could affect homebuilder stocks.
A worker walks on the roof of a new home under construction in Carlsbad, California. Mike Blake | Reuters More builders are lowering prices for homes as their confidence in the market continues to tumble. Homebuilder sentiment in September fell 3 points to 46 in the National Association of Home Builders/Wells Fargo Housing Market Index. […]
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Venture Capitalist Kevin O’Leary and SVB CIO Shannon Saccocia join ‘Halftime Report’ to discuss demand in housing markets, mortgage rate hikes and homebuilder stocks.
This week, the Federal Reserve will likely raise rates by another three-quarters of a percentage point for the third consecutive time in an effort to cool down the high cost of living. The U.S. central bank has already raised interest rates four times this year, for a total of 2.25 percentage points. Fed officials have […]