real estate

Mortgage rates tick down ahead of Fed meeting next week

Washington, D.C. CNN — Mortgage rates fell slightly this week, staying almost flat ahead of the Federal Reserve’s closely watched interest rate-setting meeting next week. The 30-year fixed-rate mortgage averaged 6.13% in the week ending January 26, down from 6.15% the week before, according to data from Freddie Mac released Thursday. A year ago, the …

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George Soros’ ex-wife re-lists NYC apartment for $27.5M

This sprawling Upper West Side home is much bigger than a classic six. Billionaire George Soros’s second wife, historian Susan Weber, is once again attempting to offload her house-sized co-op unit. Following a failed attempt to sell her palatial penthouse more than a decade ago, in 2012, she has once again listed the Central Park …

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Amazon Stock Drops. Microsoft’s Outlook Hits Cloud Stocks.

text size Microsoft stock falls as investors digested the company’s outlook. It doesn’t bode well for others in cloud computing. Jeenah Moon/Getty Images Microsoft ‘s outlook was so worrisome that it’s knocking down the stocks of other cloud companies, including amazon.com . While Microsoft’s latest quarterly results revealed strength in its cloud computing business, a …

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‘It is an employer’s market’: Tech layoffs may have turned the Great Resignation into the Great Recommitment

The flood of Big tech layoffs has again upended the dynamic between employers and employees, workers and executives say, leading to prolonged job searches and widespread fear and anxiety among many in the industry. “It is an employer’s market after years of employees having the benefit of working from home [and] more jobs with higher …

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Chinese Billionaire Hui Ka Yan Loses 93 Per Cent Of His Wealth: Report

Hui Ka Yan is the Chairman of China Evergrande Group A Chinese billionaire, who was one of the country’s most wealthy and influential businessmen, has seen a 93 per cent dip in his fortune. Hui Ka Yan, the Chairman of China Evergrande Group was once worth $42 billion, which made him Asia’s second-richest person. However, …

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Mexico’s richest man re-lists NYC townhouse for $80M

Telecom billionaire Carlos Slim, Mexico’s wealthiest man and the former richest man in the world, has re-listed his palatial New York City townhouse for a whopping $80 million, according to a jaw-dropping StreetEasy listing update. Located at 1009 Fifth Ave. on Manhattan’s Upper East Side, Slim — otherwise known as Carlos Slim Helú — previously …

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Existing home sales drop in December to slowest pace since 2010

Homes in Rocklin, California, US, on Tuesday, Dec. 6, 2022. A record number of homes are being delisted as sellers face a sharp drop in demand, according to real estate brokerage Redfin. David Paul Morris | Bloomberg | Getty Images Sales of previously owned homes dropped 1.5% in December from the previous month, according to …

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