Mortgage Rates Drop to 10-Month Low, Pushing Down Monthly Housing Payments

Monthly payments are falling primarily because mortgage rates have dipped to a 10-month low. But home sales are still lackluster, declining slightly from a year ago. The typical homebuyer’s monthly mortgage payment is $2,614, the lowest level since January and down $224 from May’s all-time high, acc

Banks see weakness in Hong Kong's commercial property – CBRE says positive signs are returning

Marcos Chan, head of research at CBRE Hong Kong, says the vacancy rate in Hong Kong's commercial property market is high – but things are slowly improving, as developers and clients gain confidence in Hong Kong's long-term economic future. He says retail is performing better than most, especially as

Doing these 5 key steps 'will allow you to move quickly' for a mortgage refinance, expert says

As mortgage rates decline, experts say it's smart for homeowners with high borrowing costs to prepare for refinancing opportunities. Here's what to know.

July home sales rise as prices approach inflection point

Inventory of existing homes is now at the highest level since May 2020 — and it's clearly taking the pressure off prices.