From start (searching online) to finish (closing escrow), buying a home takes about 10 to 12 weeks. Once a home is selected an the offer is accepted, the average time to complete the escrow period on a home is 30 to 45 days (under normal market conditions). Though, well-prepared home...
Getting pre-approved for a mortgage is the first step of the home buying process. Getting a pre-approval letter from a lender get the ball rolling in the right direction. Here’s why: First, you need to know how much you can borrow. Knowing how much home you can afford narrows down...
Home prices picked up steam again in January after a brief pullback, even as mortgage rates increased.
Diana Olick reports home price increases in January 2022 for 'The Exchange.'
You'll need more than your down payment in savings before buying a house. These are the costs you should factor into your budget.
A sharp increase in mortgage rates causes a plunge in refinance demand.
Refinance demand for mortgages dropped 15% in just one week, according to the Mortgage Bankers Association. CNBC's Diana Olick joins 'Squawk Box' to break down the latest data.
With both home prices and rents rising, you'll have to make a decision based on your personal situation. Here's what to consider.
David MacGregor, Longbow Research analyst, joins 'Power Lunch' to discuss why the housing market is slowing, why stocks in this space are underperforming and more.
More than three-quarters of new homeowners said in a survey they ended up having an unexpected cost in the first year of ownership.