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There are 13,000 empty apartments in NYC

CNBC's Robert Frank reports NYC's renters are fleeing the city and that there are about 13,000 empty apartments there. Read Article

Thu, 13 Aug 2020 11:43:10 PDT

Bankrupted Stein Mart is closing all of its stores. Here's a map of where they are

Stein Mart has filed for bankruptcy and now the retailer is kicking off going-out-of-business sales at all of its stores. Deals are for up to 30% off merchandise. Read Article

Thu, 13 Aug 2020 09:01:54 PDT

Mortgage refinancing will be more expensive as Fannie Mae and Freddie Mac raise fees

Mortgage giants Fannie Mae and Freddie Mac just announced that they are raising fees for lenders on all mortgage refinances. That will result in higher costs for consumers. The change is designed to shield the two from the additional risk brought on by the coronavirus pandemic. Read Article

Thu, 13 Aug 2020 16:05:21 PDT

Empty apartments in Manhattan reach record high, topping 13,000

Continued slow activity suggests that Manhattan's real estate and economic troubles could extend well into the fall or beyond. Read Article

Thu, 13 Aug 2020 09:04:09 PDT

NYC apartment vacancies hit a new all-time high as renters leave the city amid the pandemic

CNBC's Robert Frank reports on the apartment vacancy problem in New York City and how landlords are trying to deal with the issue. Read Article

Thu, 13 Aug 2020 04:58:18 PDT

Coronavirus sparks huge demand for clean home technology innovations

The coronavirus pandemic has heightened concerns about air quality and safety of indoor spaces, including the homes we live in. New cleaning technology is being rapidly added to houses across the country. Read Article

Wed, 12 Aug 2020 09:04:29 PDT

Digital loan start-up Blend jumps to $1.7 billion valuation as mortgage demand surges

As it has with digital adoption trends across banking and e-commerce, the pandemic has led to a surge in demand for Blend's loan application software. Read Article

Wed, 12 Aug 2020 07:34:40 PDT

Mortgage applications jump as rates drop again

CNBC's Diana Olick reports the latest mortgage application data. Read Article

Wed, 12 Aug 2020 04:29:26 PDT

Another record low mortgage rate juiced weekly demand, but rates are suddenly rising now

Two straight weeks of record low mortgage rates drove consumers to their lenders, but rates may now be reversing course. Read Article

Wed, 12 Aug 2020 08:01:20 PDT

Adobe CEO says offices provide some boost to productivity that remote work lacks

"When you're trying to create a new project, you want people around that water cooler. You want that sense of urgency," Adobe CEO Shantanu Narayen told CNBC. Read Article

Tue, 11 Aug 2020 13:38:51 PDT