Newsfeed: Out of 100 housing markets in America, this is the least overpriced, study finds
Housing in all of the top 100 markets in America is selling at a premium, but in some, that premium is much smaller.
Housing in all of the top 100 markets in America is selling at a premium, but in some, that premium is much smaller.
ARMs — which carry variable interest rates that reset based on the market at predetermined times — accounted for 10.8% of total home-loan applications …
There’s no end in sight for Wall Street’s Sunbelt sojourn. A pair of Goldman Sachs-backed ventures gobbled up an entire rental home community in Florida last month for a cool $45 million, according to reports.
Stocks fell on Wednesday, dialing back earlier gains as investors continued to digest the latest U.S. inflation data.
Nearly every community in the U.S. is feeling the effects of an overvalued housing market, particularly in some smaller cities in states like Idaho and Tennessee where many sought out a new home during the pandemic.
While Powell may remain oblivious to the stock market turmoil crushing momo daytraders and billionaire Tiger cub “hedge funds” who have no idea how to trade when the Fed is not propping up their books, once the equity chaos spreads to bonds and other credit products, that’s when the Fed always begins to panic.
In the week ending May 5, mortgage rates rose for the eighth time in nine weeks. 30-year fixed rates jumped by 17 basis points to 5.27%. 30-year fixed rates slipped by one basis point in the week prior.
After years of plowing money into boosting production and thus depressing oil prices, the U.S. shale patch emerged from the pandemic-inflicted slump with unwavering capital discipline which, combined with $100+ oil, is paying off with record cash flows for American oil producers.
Analysts and authors, myself included, have been warning about the collapse of the dollar as the global reserve currency for years. I described this prospect in my first book …
Mortgage rates in the U.S. resumed their upward climb, reaching the highest level since August 2009.