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You might have a tough time getting a "jumbo mortgage" during pandemic. Here"s what to expect

Banks and lenders remain more cautious about making loans for home purchases or mortgage refinances that are higher than the government limits for so-called conforming loans. Here's how to find a "jumbo" loan and what the requirements may be......»»

Category: realestateSource: CNBCJul 13th, 2020Related News

June new home sales spike as real estate market heats up

Real estate markets across the country are heating up and a new, exclusive report shows that June new home sales saw the biggest spike in nearly a decade. CNBC's Diana Olick reports......»»

Category: realestateSource: CNBCJul 13th, 2020Related News

Apple to spend $400 million this year to fight California"s housing crisis

It's part of a total $2.5 billion Apple says it will spend on the initiative over several years......»»

Category: realestateSource: CNBCJul 13th, 2020Related News

Homebuilders just saw the strongest June sales since the last housing boom, as pandemic pushes more buyers to the suburbs

A sharp decline in.....»»

Category: realestateSource: CNBCJul 13th, 2020Related News

Reverse mortgages may be helpful in retirement ... if you mind the pitfalls

Homeowners 62 or older can get cash from their home without selling, but here's what to know about a reverse mortgage before you sign onto this loan......»»

Category: realestateSource: CNBCJul 13th, 2020Related News

Real estate, bank sectors in Singapore are still competitive, exchange says

Geoff Howie of the Singapore Exchange discusses the competitive outlook for the Straits Times Index and Singapore's banking and real estate sectors......»»

Category: realestateSource: CNBCJul 13th, 2020Related News

PropertyGuru explores Singapore"s property buying sentiment in pandemic era

Access to fina.....»»

Category: realestateSource: CNBCJul 13th, 2020Related News

Property developers rush to attract Hong Kong residents amid uncertainty over new law

Amid economic recession and uncertainty over China's National Security Law, global real estate firms are trying to get Hong Kong residents to buy abroad......»»

Category: realestateSource: CNBCJul 13th, 2020Related News

Home buying and selling went virtual during the pandemic. Can it stay that way?

Zoom video calls and virtual walkthroughs became real estate mainstays during coronavirus, but the need for physical home tours is not likely to go away......»»

Category: realestateSource: CNBCJul 11th, 2020Related News

Looming evictions may soon make 28 million homeless in U.S., expert says

"We have never seen this extent of eviction in such a truncated amount of time in our history," housing expert Emily Benfer said......»»

Category: realestateSource: CNBCJul 10th, 2020Related News

Coronavirus mortgage bailout sees biggest one-week decline, but more borrowers are extending terms

The number of homeowners in government and private sector mortgage bailout plans declined for the second straight week, as borrowers who got in earliest saw their plans expire......»»

Category: realestateSource: CNBCJul 10th, 2020Related News

Covid-19 mortgage bailouts drop by 435,000 but extensions increase

The number of homeowners in government and private sector mortgage bailout plans declined for the second straight week, as borrowers who got in earliest saw their plans expire. CNBC's Diana Olick reports......»»

Category: realestateSource: CNBCJul 10th, 2020Related News

Evictions could hit crisis level—Here"s how it"s impacting real estate trends

CNBC's Kelly Evans breaks down the threat of evictions amid coronavirus and trends in the housing sector with CNBC's Diana Olick and Ryan Schneider, CEO of Realogy......»»

Category: realestateSource: CNBCJul 10th, 2020Related News

"Shark Tank" investor Herjavec: We"re about to see biggest exodus from cities in 50 years

"I recently moved out of Los Angeles into a suburban area, and I can tell you on a very personal level, my area is on fire," "Shark Tank" investor Robert Herjavec told CNBC......»»

Category: realestateSource: CNBCJul 10th, 2020Related News

CEO of Century 21 parent says suburban home search is up across the country, following New York"s lead

"In every urban geography, the web traffic ... has changed, versus 6 to 12 months ago, to be much more suburban," Realogy CEO Ryan Schneider said......»»

Category: realestateSource: CNBCJul 10th, 2020Related News

Two stocks could be the best play to ride housing boom, says Oppenheimer"s Ari Wald

Ari Wald, Oppenheimer head of technical analysis, discusses how to trade the housing sector and several of its ETFs, with CNBC's "Fast Money" traders......»»

Category: realestateSource: CNBCJul 10th, 2020Related News

Wells Fargo tells new clients they need $1 million in balances for certain mortgage refinancings

The move shows how Wells Fargo, the largest U.S. mortgage lender and biggest player in jumbo mortgages, is operating under the dual pressures of the coronavirus pandemic and a Federal Reserve cap on its balance sheet......»»

Category: realestateSource: CNBCJul 9th, 2020Related News

Your income took a hit. Now what?

About half of Americans have lost some household income because of the pandemic. Here's what you can do to strengthen your situation......»»

Category: realestateSource: CNBCJul 9th, 2020Related News

Empty Manhattan apartments reach record levels, landlords slash rent

The number of apartments listed for rent in Manhattan reached record levels in June, as brokers remained unable to host showings and more renters left the city, according to a new report......»»

Category: realestateSource: CNBCJul 9th, 2020Related News

New York City rentals experience worst June in more than a decade amid Covid-19 crisis

Data on rentals out of New York City signal a crisis with city residents emptying out fast. CNBC's Robert Frank reports......»»

Category: realestateSource: CNBCJul 9th, 2020Related News