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Property News for 26 February 2020
This couple paid off their $300,000 mortgage in 5 years then took a year off to travel
CNBC - 26 Feb 2020 17:25
Rob and Reshawn Lee purchased a home in the suburbs of Dallas in June 2013 for $300,000. They paid it off five years later in June 2018.
US new home sales surge to 12.5-year high in January
CNBC - 26 Feb 2020 17:25
The Commerce Department said on Wednesday new home sales jumped 7.9% to a seasonally adjusted annual rate of 764,000 units last month, the highest level since July 2007. Housing market strength could help keep the econom...
Debt among oldest Americans skyrockets 543% in two decades
CNBC - 26 Feb 2020 17:22
Debt among older Americans has increased dramatically since 1999, due partly to the erosion of the country's social safety net.
Total mortgage applications rise 1.5% for the week
CNBC - 26 Feb 2020 14:31
CNBC's Diana Olick joins "Squawk Box" with the latest mortgage application numbers.
Investors like 'long nature' of leases for REITs amid crises, says CapitaLand
CNBC - 26 Feb 2020 08:12
The predictability of REITs and long-term nature of leases should see investors through crises that are "relatively short-lived" and periods of temporary instability, says Andrew Lim of CapitaLand Group.
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