About NBR“Nightly Business Report produced by CNBC” (NBR) is an award-winning and highly-respected nightly business news program that airs on public television. Television’s longest-running evening business news broadcast, “NBR” features in-depth coverage and analysis of the biggest financial news stories of the day and access to some of the world’s top business leaders and policy makers.
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Mortgage rates have been on a roller coaster for the last year, but now they’re sitting at the bottom of the track, giving a major boost to the number of borrowers who can benefit from a refinance.
Wouldn’t lower mortgage rates would drive newly built homes up? But, as Diana Olick tells us the housing industry is seeing sales slipping for a second straight month.
Home prices in April were 3.5% higher compared with April 2018, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. That is down from the 3.7% gain seen in March.
We saw a pick-up in home sales last month thanks to lower mortgage rates. But this boost can actually hurt buyers. Diana Olick explains.
With lower interest rates it leads to lower mortgage rates and that’s good news for the housing market, but is it good news for the home buyers? Diana Olick explains.
Mortgage rates have been falling steadily since the last week of April, and that may be reigniting home price appreciation. The lower the rate, the more purchasing power buyers have.
Some homebuilders in the country are looking for a pick up in the housing sector in this upcoming summer season after a decent spring season. Diana Olick reports.
Susan Wachter, a Professor of Real Estate & Finance at the University Pennsylvania Wharton School of Business, joins us to talk about the latest in the volatile housing market and her reaction to the interest rates.
Applications for new mortgages surged in the past week due to a big drop in interest rates. Diana Olick has more for us.
Mortgage rates dropped to their lowest level in nearly two years, so mortgage applications surged 26.8% in just one week, according to the Mortgage Bankers Association.
A new report says today’s potential homebuyers are not properly informed about the mortgage process. Diana Olick reports.
The majority of consumers now think it is much harder to qualify for a home loan than it actually is.
Flippers are getting help from an unexpected source: Ubers drivers. Diana Olick has more on this for us.
Mortgage rates have been dropping dramatically in the last few weeks but why is the demand for mortgages still soft? Diana Olick has more for us.
Amazon’s CEO Jeff Bezos is reportedly buying three adjoining luxury 5th avenue condos in Manhattan for about $80 million and we had the rare opportunity to take a sneak peek inside. Robert Frank gives us the tour.