By Miho Uranaka and Anton Bridge TOKYO (Reuters) -Morgan Stanley is raising about 100 billion yen ($684 million) for a Japan-focused real estate fund, two people familiar with the matter said, highlighting investor interest in property as the world’s fourth-largest …
Housing market
Baby boomers are beating millennials in a housing showdown, scooping up homes in all cash
Baby boomers are dipping into their cash pile after years of home value appreciation throughout the pandemic housing boom to buy smaller homes near family and friends. Millennials, on the other hand, are tapping into family money for down payments. …
Homebuilder Stocks Slump as Trump Tariffs Endanger Housing Market Recovery
Hans Gutknecht / MediaNews Group / Los Angeles Daily News via Getty Images Shares of a number of large homebuilders sank Thursday after the Trump administration announced its new tariffs. Analysts and homebuilders have said that tariffs could make construction …
What are the pros and cons of a reverse mortgage?
As a homeowner, there are lots of ways to access your home equity. You can take out a home equity loan or HELOC, apply for a cash-out refinance, or — if you’re a senior — get a reverse mortgage. Reverse …
Mortgage and refinance rates today, April 3, 2025: Fixed rates tick down
Mortgage rates have decreased this week. According to Freddie Mac, the 30-year fixed mortgage rate is down one basis point to 6.64%, and the 15-year fixed rate has fallen by seven basis points to 5.82%. A one-basis-point drop for the …
Average US rate on a 30-year mortgage dips to 6.64% for the second drop in 2 weeks
The average rate on a 30-year mortgage in the U.S. edged lower for the second week in a row, a modest but welcome boost for prospective home shoppers in the midst of the spring homebuying season. The rate fell to …