CNBC

Pedestrians walk past signage for SoftBank Group outside a store in Tokyo, Japan, Nov. 29, 2018.Kiyoshi Ota | Bloomberg | Getty ImagesDigital mortgage lender Better.com announced Tuesday that it will make its market debut by merging with Aurora Acquisition Corp., valuing Better at $7.7 billion.The company, ranked No. 15 on last year’s CNBC Disruptor 50 list, was most… More

Maricopa County, Arizona, constable Darlene Martinez signs an eviction order on Oct. 7, 2020 in Phoenix.John Moore | Getty Images News | Getty ImagesRenters who are financially struggling because of the coronavirus pandemic got some scary news when a federal judge overturned the national eviction moratorium two months earlier than when it was scheduled to… More

CNBC’s Jim Cramer said Wednesday he trimmed some of his ether holdings after the world’s second-largest cryptocurrency by market value notched a series of record highs.”I sold half my Ethereum yesterday … and I put some money down to own a Hummer,” Cramer said on “Squawk on the Street,” referring to the upcoming all-electric vehicle from General… More

People wait to visit a house for sale in Floral Park, Nassau County, New York.Wang Ying | Xinhua News Agency | Getty ImagesIt was a mixed bag for mortgage demand last week, as higher rates did nothing for refinances and homebuyers faced more steep competition for a pitiful few homes for sale.Total mortgage application volume… More

CNBC’s Jim Cramer said Tuesday he owns ether, the world’s second-largest cryptocurrency by market value.”I’ve got a lot of ether,” Cramer said on “Squawk Box,” explaining he initially acquired it in order to bid on nonfungible tokens, or NFTs, being auctioned in March by Time magazine. “I didn’t get it, so I just kept the… More

urbazon | E+ | Getty ImagesIt’s one of those debates that rarely seems to have a clear-cut winner: Should retirees pay off their mortgage or continue making those monthly payments?The answer — probably somewhat annoyingly — is that it depends.Of course, there are a couple of immediate benefits to paying off a mortgage: Your monthly… More

President Joe Biden addresses a joint session of Congress on April 28, 2021.Melina Mara | ReutersPresident Joe Biden has unveiled a plan for higher taxes on inherited homes to help fund the $1.8 trillion American Families Plan.The proposal would tax inherited property gains at death, targeting generational wealth transfers. But financial experts say the measure may… More

Lower-income homeowners could benefit from a new refinance program being launched by the U.S. government.Eligible borrowers will be able to refinance their mortgage at a reduced interest rate and lower monthly payment starting this summer. This would save them an estimated $100 to $250 a month, according to the Federal Housing Finance Agency, which oversees… More

A “For Sale” sign outside a house in West Palm Beach, Florida, April 7, 2021.Marco Bello | Bloomberg | Getty ImagesHome price gains continue to outpace expectations, as tight supply and strong demand lead to bidding wars.Nationally, prices in February rose 12% year over year, up from 11.2% in January, according to the S&P CoreLogic… More

Real estate agents Rosa Arrigo, center, and Elisa Rosen, right, work an open house in West Hempstead, New York on April 18, 2021.Newsday LLC | Newsday | Getty ImagesIn this red-hot real estate market, it’s tough for buyers to land a deal.Supply is low, which is pushing prices higher. The median price of an existing… More

An aerial view of the Rockybrook Estate in Delray Beach, FloridaDouglas EllimanTen days after closing the year’s most expensive mansion sale in Delray Beach, Florida for $19 million, luxury real estate broker Senada Adzem got an unexpected phone call.”The buyer called me to say they would be selling the home. Honestly, we were surprised,” Adzem… More

A “For Sale” sign outside a house in Palm Beach, Florida, on Wednesday, April 7, 2021.Marco Bello | Bloomberg | Getty ImagesA sharp drop in mortgage interest rates sent homeowners and potential homebuyers to their mortgage lenders. Total mortgage application volume surged 8.6% last week compared with the previous week, according to the Mortgage Bankers… More