The average for a 30-year loan slipped to 5.3% 5.54% last week, Freddie Mac said Thursday in a statement. Thats a level last seen the week of July 7.
At the tail end of a historicbull runin Canadas housing market last year, investorscame to comprise afifthofthe countrys homebuyers. Now, they are some of the first scramblingto unload propertiesin what some are already saying could be the most severe housing market downturn in the countrys recent history.
Sales of new US homes fell for the fifth time this year in June to a more than two-year low, as a mix of high prices and rising mortgage rates thwarted prospective buyers
One prominent Toronto-area real estate broker says more would-be sellers are choosing to delist their homes as the housing market cools and prices sink.
The housing slowdown is helping to solve one of the US real estate markets most intractable problems: tight inventory
Another company, Hometown Equity Mortgage LLC, which does business as TheLender, is promoting its Non Owner No Income, or NONI, loans to mortgage brokers
The price of Londons swankiest properties gained the most in more than seven-years last month as returning demand for city center homes tempt sellers to cash out.
Capital values across the residential real estate segment have remained largely stable across Bahrain on a quarterly basis, according to Savills Q1 2022 Bahrain Market in Minutes report
Development and Engineering Consultants Co TAMEER, a leading real estate development company, has announced the start of construction for the first phase of its distinguished residential project Azad Views, only four months following the project units launch
In 2022, luxury retailers are likely to continue expanding their global footprints with new store activity in large domestic markets in China, the Middle East and North America
Singapore has imposed extra property taxes in a move seen by analysts as targeting the super wealthy who are purchasing homes under opaque structures to avoid such levies
The average for a 30-year loan jumped to 5.27% 5.10% last week, Freddie Mac said in a statement Thursday
The European Union added a ban on property transactions with Russian nationals to its sixth package of sanctions designed to raise pressure on Vladimir Putin
Mortgage payments are claiming a bigger chunk of incomes for U.S. homebuyers, who also have to contend with quickly rising prices
Al Zorah Development Company announced last Thursday that the construction work has commenced at the luxury golf and leisure clubhouse in Al Zorah Golf Club
Arab Developers Holding announced strong business results and a boost in performance at the end of last year
The volume of commercial property transactions in Sweden hit its highest level on record during the first three months of year, even as the specter of rising rates began to stoke concern among investors and analysts
After a pandemic buying frenzy, mortgage-rate locks to buy second homes dropped last month to the lowest level
Turkeys Real Estate Platform GYODER, representing more than 200 companies within the property sector, today launched a new report Spatial Revisit: Emerging Areas of Real Estate Investment in Turkey, presented by PwC Turkey at MIPIM
Jumeirah Egypt Real Estate investments announced launching its second project in the real estate market in one of the most prominent areas in the New Zayed district, as part of the companys expansion plan
EGY MAPS announced launching its real estate electronic platform, which includes more than 50 real estate developers with a total of 100 diversified real estate projects located in the New Administrative Capital
Modon Developments announced its readiness to launch Green River Tower, the largest hotel tower on the Green River in the New Administrative Capital NAC with a total investment of over EGP 4.5bn
JLL, a leading professional services firm that specializes in real estate, investment management and development consultancy services, has announced it has appointed a non-executive board of leading business figures in Saudi Arabia.
First-time homebuyers, already getting clobbered by bidding wars, now face a potential knockout punch: higher mortgage rates
Homebuilders are headed for their sharpest monthly nosedive since March 2020
Dominar for Development, one of the leading companies in real estate development field, announced the launch of its first project in New Administrative Capital
Nakheel Developments has received representatives of on an inspection visit to the project in the New Administrative Capital
Leopard Construction and Development has launched its latest project, Cairo Cannes, whose name was chosen through its engineering design inspired by the French city of Cannes
2021, according to Chief Executive at Castle Development Eng. Ahmed Taha Mansour, was a successful and remarkableyear for Egypts real estate industry
The crisis engulfing Chinas property sector is impacting its biggest developer, with Country Garden Holdings Co.s shares and bonds hammered amid fears that a reportedly failed fundraising effort may be a harbinger of waning confidence