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Real Estate NewsBelow are the latest real estate news headlines for buyers and sellers.Real EstateMortgage rates spike on shocking jobs reportCNBC's Diana Olick breaks down the spike in mortgage rates. Read Article Fri, 05 Jun 2020 11:18:38 PDT The IRS is giving you more time to invest in this new tax-advantaged strategyQualified opportunity funds give investors a tax-advantaged way to pour money into economically distressed areas. The IRS is giving these taxpayers until the end of the year to select the projects they will back. Read Article Fri, 05 Jun 2020 09:53:27 PDT The recovery from the coronavirus sure looks V-shaped, going by these chartsA better-than-expected jobs report is the latest data point that shows a possible quick recovery for the U.S. economy. Read Article Fri, 05 Jun 2020 08:36:45 PDT 'It's going to be ugly,' analyst says as mortgage rates suddenly spike on shocking jobs reportWhat's good news for the U.S. economy is suddenly bad news for mortgage rates. A far-better-than-expected May employment report only added to a growing sell-off in the bond market, pushing bond yields to the highest level since March. Mortgage rates loosely follow the yield on the 10-year Treasury. Read Article Fri, 05 Jun 2020 11:17:29 PDT Coronavirus-fueled wave of foreclosures is unlikely, says Mortgage Bankers Association CEOBob Broeksmit, CEO of the Mortgage Bankers Association, joins "Squawk Box" to discuss the state of the housing market amid the coronavirus pandemic. Read Article Fri, 05 Jun 2020 05:48:05 PDT Mortgage bailout total shrinks for first time since start of pandemicThe number of borrowers in both government and private-label mortgage forbearance programs dropped by 34,000 last week, according to new numbers from Black Knight, a mortgage technology and data provider. CNBC's Diana Olick reports. Read Article Fri, 05 Jun 2020 04:25:43 PDT Government's mortgage bailout tally shrinks for the first time since the coronavirus hitFewer borrowers are now in mortgage relief programs that allow them to delay their monthly payments due to the coronavirus crisis. The mortgage market, however, is not out of the woods yet. Far from it. Read Article Fri, 05 Jun 2020 04:26:14 PDT Zillow data shows owners of vacation rentals are now looking for longer-term rentersZillow has seen significant increases in listing for furnished rentals and rentals of six-months or less, a sign that Airbnb hosts have pivoted to the long-term rental market as a result of the coronavirus's impact on the tourism industry. Read Article Thu, 04 Jun 2020 15:03:28 PDT Here's what may be next for businesses skipping rent paymentsCommercial rent may be in trouble as businesses struggle to make payments. Heather Long of The Washington Post joins CNBC's Kelly Evans to break down commercial retail rents. Read Article Thu, 04 Jun 2020 11:14:17 PDT Chairman of McKinsey Global Institute on racial wealth gapJames Manyika, chairman of the McKinsey Global Institute, joins "Closing Bell" to discuss what companies can do to address the racial wealth gap. Read Article Wed, 03 Jun 2020 14:47:03 PDT |