6 ways home sellers will need to shift their mindsets in 2019

In recent years, sellers have called the shots in home-buying negotiations. They've had plenty of leverage, too, thanks to surges in buyer demand, tight inventory and soaring home prices.Lately, sellers have lost their edge...

Facebook and others pledge hundreds of millions of dollars toward affordable housing in Bay...

Facebook and the nonprofit Chan Zuckerberg Initiative are among the participants in a new group that's promising to commit hundreds of millions of dollars to expanding the availability of affordable housing in the Bay...

How to finance a duplex or multifamily home

Purchasing a multifamily home can be a savvy way to generate passive income and build wealth. Multifamily mortgages are available for buyers of duplexes, as well as of three- and four-unit dwellings.Multifamily homes with...

Fortress with 16-inch-thick walls in Nevada desert asking $950K

An enormous 8,000-square-foot fortress set on 40 acres of land in Nevada's sagebrush-dotted high desert, a 2.5-hour drive from Las Vegas, is selling for $950,000.The so-called Hard Luck Castle with four-bedrooms and three bathrooms is an extraordinary and...

Super rich Americans are getting younger and multiplying

A survey of U.S. investors with $25 million or more finds their average age dropped by 11 years since 2014, to 47. These fabulously rich Americans, whose ranks have more than doubled since the...

US average mortgage rates steady; 30-year stays at 4.45 percent

WASHINGTON — U.S. long-term mortgage rates held steady this week for the second straight week, sticking at their lowest levels in nine months after six weeks of decline.Mortgage buyer Freddie Mac said Thursday the...

Ross says US remains far from a trade deal with China

Commerce Secretary Wilbur Ross said Thursday the U.S. is "miles and miles" from a trade deal with China."Frankly, that shouldn't be too surprising," Ross said in a "Squawk Box" interview. The U.S. and China...

Commerce chief tells strapped federal workers to get loans

Workers affected by the government shutdown should seek loans to pay their bills and financial institutions should make credit available, U.S. Commerce Secretary Wilbur Ross said Thursday as employees were poised to miss their...

SEC ‘has’ to investigate Christmas Eve sell-off, says ex-SEC attorney

The market sell-off on Christmas Eve shouldn't be ignored by regulators, a former attorney for the Securities and Exchange Commission told CNBC on Thursday.Dec. 24, 2018, was the worst Christmas Eve trading day ever...

Will robots take your job? Quarter of US workers at risk

Robots aren't replacing everyone, but a quarter of U.S. jobs will be severely disrupted as artificial intelligence accelerates the automation of existing work, according to a new Brookings Institution report.Thursday's report from the Washington...