CNBC - Real Estate

Many types of consumer loans like mortgages peg their interest rate to the yield on 10-year Treasury bonds, which has been moving higher.

Lee was highlighting the country's excessive investment in real estate, and highlighted that Japan's housing market "burst like a balloon."

Mortgage rates last week rose to the highest level since last August, but homebuyer demand rose as well, as buyers see more supply.

Americans will have a rare opportunity to use votes to directly shape tax policy with 26 ballot measures on taxation across 13 states set for midterm elections.

The largest landlords are all net sellers year-to-date, with 3,180 more homes sold than bought since Jan. 1.