Mortgage application volume barely moved last week, falling 0.5% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Rates, meanwhile, dropped back a little bit last week, but they’re still near a 22-year high. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less)
The powerful head of Vornado Realty Trust appeared to knock the wind out of Gov. Kathy Hochul’s plan to erect new office skyscrapers in the Penn Station area on Tuesday, when Chief Executive Steven Roth said the time is not right for major new development. Publicly traded Vornado owns most of the 10 sites in
Leaky homes and buildings are some of the greatest climate offenders, but a Dayton, Ohio-based start-up is making big gains in shoring up the problem. Aeroseal, which seals both air ducts and building envelopes, is now available across America and in 29 countries. Leaky airducts and walls are the single largest reason for wasted energy
Putin is sounding the alarm about a major nuclear catastrophe and they’re ignoring it, pretending they don’t see it. At the same time the Pentagon is ramping up nuclear weapons to Europe. Peace talks now! ✅ Sign up for our Free DAILY newsletter delivered right to your inbox first thing in the morning. ➜ https://redacted.inc
Real estate investing is one of the best ways to increase your net income, generate passive revenue, and own physical property that you can sell for a profit. This short video gives you 4 of the best real estate books for beginners looking to get started in real estate investing. Do you have questions about
Tarek and Christina are contacted about home in El Monte, California, but they can’t take a look at the inside before making an offer. After checking out the outside, they make an offer and get it for a good price. But they think twice after they get inside and realize that they might have spent
Investors are Firesaling Vacant Inventory on the US Housing Market. The deluge of Inventory could be worse than the Subprime Crisis in 2008. According to data from Zillow both Homes For Rent and For Sale are surging on the US Housing Market. A signal of the Double-Barreled Housing Crash that is causing big problems for
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In this article JPM MSFT INTU Follow your favorite stocksCREATE FREE ACCOUNT A JPMorgan logo displayed on a smartphone. Omar Marques | SOPA Images | LightRocket via Getty Images JPMorgan Chase is betting that landlords and tenants are finally ready to ditch paper checks and embrace digital payments. The bank is piloting a platform it
Restless residents of the country’s major coastal cities continue to eye the exits, according to a new study. A record number of homebuyers want to decamp to new metro areas — with New York, San Francisco and Los Angeles leading the charge, according to a report from real estate site Redfin. About 24% of all
This week, the Federal Reserve will likely raise rates for the sixth consecutive time to combat inflation, which is still running at its fastest pace in nearly 40 years. The U.S. central bank has already hiked its benchmark short-term rate 3 percentage points since March, including three straight 0.75 percentage point increases ahead of its
A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images The once-hot housing market is cooling off at an alarming rate, and some homebuilders say it will only get worse come the new year as new orders dry up.
Hundreds of thousands of people protested in Ethiopia this weekend to stand against Western intervention. They demand that the Tigray rebels who are supported by Western governments stop raging war on the Ethiopian government and express support for the people in Tigray who have nothing to do with the rebels. Joining us to discuss this
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