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Top Stories from CNBC- WhatsApp delays privacy update over user 'confusion' and backlash about Facebook data sharing
- China says its economy grew 2.3% in 2020, but consumer spending fell
- Apple CEO Tim Cook's new cash bonus sweetener not tied to bigger sales or profits
- Biden national security advisor calls for Russia to immediately release detained Putin critic
- GitHub head of HR resigns after investigation into firing of Jewish employee over Capitol riot comments
Real Estate
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased to 3.99% from 3.98% for loans with a 20% down payment.
As more Americans shop for their mortgages online, Diana Olick reports on how one company is trying to remove the potential bias when it comes to getting a mortgage.
Diana Olick reports on how homebuilders are anticipating growth in 2020 if they can change one thing.
In the housing sector, supply is low but demand is strong which means home prices are heading higher. Diana Olick has more for us.
The number of homes for sale at the end of November was the lowest on record for the month, according to the National Association of Realtors, which began tracking this metric in 1999.
Diana Olick reports about on how the housing sector is getting a strong outlook for 2020.
Total mortgage application volume fell 5% from the previous week, according to the Mortgage Bankers Association.
Strong reads on the economy have researchers at mortgage giant Fannie Mae revising their 2020 housing forecast much higher.
Diana Olick breaks down the latest reports from the real estate sector which includes housing starts and permits on the rise.
Diana Olick breaks down the latest numbers in the housing sector of the U.S. economy.
A stronger economy and a severe housing shortage have the nation’s homebuilders feeling better than they have in two decades.
Generation Z’s spending is now at approximately $143 billion per year, and these teens influence an additional $450.5 billion in spending by others, according to a CBRE report, which uses data from eMarketer.
Sales of existing homes will fall 1.8% from 2019, according to the forecast.
Pending home sales, which measure signed contracts, fell 1.7% in October month-to-month, according to the National Association of Realtors.
Diana Olick reports on the latest housing numbers where sales of newly built homes fell slightly in the month of October but the housing sector is still looking strong.
