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Dan GIlbert (Getty, iStock)

Mortgage mogul Dan Gilbert sees net worth quicken to $34B

In its first day of trading, shares of Rocket Co. rose more than 19 percent, pegging the net worth...

Mortgage mogul Dan Gilbert sees net worth quicken to $34B
The rate on the 30-year mortgage fell to 2.88 percent, the lowest rate in 50 years (iStock)

30-year mortgage rate hits record low — again

The average mortgage rate on America’s most popular home loan has hit another record-setting low. The rate on the...

30-year mortgage rate hits record low — again
Home sale price declines are expected for July, after a recent bump, according to a CoreLogic report. (iStock)

Home sale prices got a bump, but a drop is coming: Report

Home sale prices nationwide rose in June, though experts predict price growth will falter in July when the numbers...

Home sale prices got a bump, but a drop is coming: Report
The weekly survey tracking purchase loans saw a seasonally adjusted decline of 2 percent in the final week of July. (iStock)

Home loan applications fall again amid tight credit rules, weak job market

The volume of applications for home loans fell again last week, due to a weak job market and tightening...

Home loan applications fall again amid tight credit rules, weak job market
New York Rep. Alexandria Ocasio-Cortez, President Donald Trump and HUD Secretary Ben Carson (Getty)

AOC seeks to block Trump’s recent effort to roll back fair housing rule

New York Rep. Alexandria Ocasio-Cortez is working to defund the Trump administration’s proposed fair housing rules before they even...

AOC seeks to block Trump’s recent effort to roll back fair housing rule
Fears over a second wave of coronavirus infections and the wait-and-see for the next round of government relief has led U.S. homebuyers to hit pause. (iStock)

Mortgage applications fall as fears of second wave rise

Homebuyers are pumping the breaks as mortgage rates, Covid infections and uncertainty rises. An index tracking the weekly volume...

Mortgage applications fall as fears of second wave rise
City Ventures CEO Mark Buckland and a rendering of one of the townhouses

City Ventures wants to develop complex of townhouses in Commerce

Developer City Ventures is planning a 133-unit townhouse complex in what is now a swath of industrial properties in...

City Ventures wants to develop complex of townhouses in Commerce
Falling rents in China a sign of economic uncertainty

Falling rents in China a sign of economic uncertainty

Rents are falling in some of China’s biggest cities amid a decrease in demand for apartments. The overall economic...

Falling rents in China a sign of economic uncertainty
There were fewer deals across Southern California in June than any other year

SoCal housing market rebounds in June but still lags far behind 2019

The Southern California housing market rebounded in June from an abysmal spring, but it’s still far behind last year’s...

SoCal housing market rebounds in June but still lags far behind 2019
 Accessory dwelling units, also known as “granny flats” or “in-law suites,” are on the rise nationwide (iStock)

TRD Insights: Behind the rise of the Granny flat

In-laws may soon be moving out of the house, and into the shed. Accessory dwelling units, also known as...

TRD Insights: Behind the rise of the Granny flat
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