Hong Kong’s Trophy Homes Are Selling at Fire Sale Prices

Hong Kong’s Trophy Homes Are Selling at Fire Sale Prices

China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales.
Mortgage Rates Fell, Then Rose. What Comes Next?

Mortgage Rates Fell, Then Rose. What Comes Next?

Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.