Homeowners Enjoy Substantial Financial Boost as Equity Soars by $3 Trillion in a Year—Despite Growing Mortgage Debt

Getty ImagesThe housing market, with its stubbornly high mortgage rates and home prices, has been an unfriendly place for buyers lately.Homeowners, however, are holding the winning hand—and their home equity remains the ace up their sleeves.The Federal Reserve’s Flow of Funds data for the third quar

Side files preliminary injunction against Alexander brothers in wake of arrests

The criminal charges against the Alexander brothers are now affecting Side’s civil lawsuit against them. Side has filed a preliminary injunction against Tal and Oren Alexander and their brokerage, Official Partners, that seeks to prevent them from dissipating, hiding or moving collateral for a loan

Mortgage demand for new homes is slowing, but the market is still warm

Mortgage applications for new-home purchases increased 7.2% year over year in November, according to data from the Mortgage Bankers Association‘s (MBA) builder application survey that was released Tuesday. Applications decreased by 12% from October 2024. “Applications to purchase newly built homes h

The Housing Affordability Crisis Is Going Global

Ellius Grace for WSJDUBLIN—When Mikey Cullen’s parents were in their early 20s, they earned enough as public-sector workers to buy a house in the city. Today, Cullen is a 27-year-old high-school teacher who lives with his mother.Cullen had been sharing a house with nine roommates, but he moved back