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New Jersey Home Inspired By Russia’s Winter Palace Is Set For Auction: Get Your Bids Ready

A short drive from Manhattan yet worlds away from the hustle and bustle is a palatial mansion in Saddle River, New Jersey inspired by the iconic Winter Palace in St. Petersburg, Russia. Known as Stone Palace on the Hill, the sublime estate valued at close to $30 million will go up for auction July 23-26.

Weekly Mortgage Applications Fall 2.4% As Consumers Shrug Off Low Rates

Mortgage demand has been more than muted for the last several weeks, even as rates sit near two-year lows. Mortgage application volume fell 2.4% for the week last week, according to the Mortgage Bankers Association's seasonally adjusted index.

Housing Is Providing Another In A Line Of Troubling Signs Pointing To An Economic Downturn

Declining home sales are "consistent with the possibility of a late 2019 or early 2020 recession," St. Louis Fed economist William Emmons said in a report.