Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Chief regulator says mortgage bailout is 'on the honor system', pleads with borrowers to be honest
The $2 trillion stimulus package just signed into law states that borrowers need not provide any proof of financial hardship. They can simply say they can't pay. Read Article
NY legislators push to cancel rent for three months
CNBC's Robert Frank details plans in the New York state legislature to cancel rent for three months as the fallout from the coronavirus outbreak continues. Read Article
FHFA director: Approximately 700,000 mortgage loans could need forbearance
Federal Housing Finance Agency director Mark Calabria joins CNBC's "Squawk on the Street" to discuss the influx of calls lenders are seeing as homeowners ask for forbearance. Read Article
Coronavirus effect could be 'far deeper than the subprime crisis,' says mortgage company CEO
For most mortgage borrowers, the first of the month is payment day. This month, however, is a very different story. Millions of borrowers have either lost jobs or income, and are suddenly struggling to make those monthly payments. Read Article
Where your coronavirus stimulus check will go furthest, based on US rents
Millions of workers have reason to cheer, thanks to a $2 trillion stimulus package passed by Congress last week that will put checks in their pockets. But how far will $1,200 really go? CNBC took a look at what that sum could mean for rent payers around the country. Read Article
How coronavirus seems to be splitting the mortgage market
CNBC's Diana Olick reports on the latest weekly mortgage applications data. Read Article
Mortgage applications to buy a home plummet 24% annually as coronavirus slams spring housing
The coronavirus appears to be splitting the mortgage market as more borrowers rush to refinance to save money on monthly payments and potential homebuyers back away fast. Read Article
Homebuilder ETF just had its worst month ever, but it's on the cusp of a comeback, chart analyst says
The iShares U.S. Home Construction ETF just had its worst month on record, but two traders see a recovery ahead for the group. Read Article
NY legislators consider allowing people to cancel rent payments for 3 months due to coronavirus
CNBC's Robert Frank reports that New York legislators are considering to allow people to cancel three months worth of rent to deal with the blow of the coronavirus. Read Article
Which bills to pay during the coronavirus pandemic
Millions of Americans will find it hard to pay their bills during the pandemic. Here's how to decide which payments can wait and which can't. Read Article
