Realtor.com; Getty Images (1) Mortgage rates stayed flat at 6.35% for a 30-year fixed home loan for the week ending Sept. 5, according to Freddie Mac. “Mortgage rates remained flat this week as markets await the release of the highly anticipated August jobs report,” Sam Khater, Freddie Mac’s chief economist, said in a statement. “Even […]

Getty Images Late real estate mogul Brandon Miller died with just $8,000 in the bank after racking up $34 million in debt, it has been reported. Weeks after Miller took his own life at the age of 43, legal documents have now revealed the true extent of his financial struggles—much of which was linked to

ANDREW CABALLERO-REYNOLDS/AFP via Getty Images The numbers: Pending home sales hit a fresh record low in July as declining mortgage rates failed to spark increased activity, in part because of the uncertainty over the election. Pending home sales fell 5.5% in July from the previous month, according to the monthly index released Thursday by the National

Realtor.com; Getty Images (1) Mortgage rates continued to fall this week, with the average rate for a 30-year fixed home loan going from 6.46% last week to 6.35% for the week ending Aug. 29, according to Freddie Mac. “Mortgage rates fell again this week due to expectations of a Fed rate cut,” Sam Khater, Freddie

Getty The U.S. Treasury Department has issued a new rule that aims to prevent nefarious actors from using residential real estate deals for money laundering. The final rule issued on Wednesday will require real estate professionals to report the true identity of all-cash homebuyers who use shell companies or other legal entities to purchase residential

Getty/Westend61 Home prices in the U.S. have reached a new record high, but are growing at a slower pace. Released on Tuesday, the latest S&P CoreLogic Case-Shiller Index of national home prices hit an all-time high in June, growing 5.4% from one year ago. That was down from a 5.9% annual gain reported the previous

Samuel Corum / Stringer / Getty Images At last, “the time has come” for interest rate cuts. Earlier on Friday, Federal Reserve Chair Jerome Powell gave would-be homebuyers and sellers some much needed hope. At the central bank’s annual gathering in the Grand Teton National Park in Jackson Hole, WY, Powell said, “We do not

Realtor.com; Getty Images (1) Mortgage rates fell this week, with the average rate for a 30-year fixed home loan going from 6.49% last week to 6.46% for the week ending Aug. 22, according to Freddie Mac. “Although mortgage rates have stayed relatively flat over the past couple of weeks, softer incoming economic data suggest rates

Getty Images Sales of previously owned homes increased slightly last month, but remained near historic lows as homebuyers wait for mortgage rates to fall. Total existing-home sales ticked up 1.3% from June, to a seasonally adjusted annual rate of 3.95 million in July, the National Association of Realtors® reported on Thursday. The July sales figure,

Bing Guan/Bloomberg via Getty Images Vice President Kamala Harris has announced a sweeping set of proposals on housing policy, giving voters their first look at what the housing market might look like under a Harris administration. Harris unveiled the proposals as part of a populist economic plan that marked her first major policy announcement since