The US mortgage industry is seeing its first lenders go out of business after a sudden spike in lending rates, and the wave of
The US mortgage industry could be on the cusp of a bust cycle as the Federal Reserve’s most aggressive interest rate hikes in decades
Today, Governor Ron DeSantis announced Florida’s unemployment rate dropped to a historic 2.7 percent in July as the state’s job creation skyrocketed. Florida’s
Even with oil prices now around $95, and commodities across the board dropping amid bearish economic prospects, a lineup of analysts still see another bull run
Another month, another plunge in housing.
Hot on the heels of the latest catastrophic homebuilder sentiment print and plunging single-family starts and permits, analysts expected
Existing-home sales sagged for the sixth straight month in July, according to the National Association of REALTORS®. All four major U.S. regions recorded month-over-month
Wells Fargo & Co. said it’s weighing the size of its mortgage business in the face of a “dramatically smaller originations market” as home
The housing market is slowing as higher mortgage rates sideline many prospective homebuyers. With competition declining, the house hunters who are still in the
In the face of a declining mortgage market and heightened regulatory scrutiny, Wells Fargo, the country’s largest depository mortgage lender by volume, is planning for
Builder sentiment in the market for single-family homes fell into negative territory in August, as builders and buyers struggle with higher costs.
While Wall Street celebrated the slight cooling of inflation in July, Statista’s Felix Richter points out that the latest reading won’t be enough to
Buying a home in the US is the least affordable it’s been in 33 years as mortgage rates soar this year and home prices
It sure is looking like the public pension ponzi is going to be even harder to sustain than over the last few years… That’s because data
Renters across the country are feeling the brunt of housing inflation. Nearly 60% of renters said their rent increased in the past 12 months,
The growing rental crisis in the U.S. has shown no signs of stopping. That was the topic of a new Bloomberg report this week that highlighted
While the annual pace of inflation in the United States eased slightly in July, a deeper dive into the numbers reveals that some of
With interest rates now hovering around 5%, existing-home sales are down more than 14% from last year. Some potential buyers are sitting on the
It was seven months ago today, when looking at the latest real-time rent data from the likes of Apartment List and Zillow, we highlighted
While economists expected another modest rise in inflation on a MoM basis (if far below the 1.3% surge in June), the headline US Consumer
Peak apartment rent growth is almost certainly now in the rearview mirror, as nearly all measures of rent growth showed deceleration between June and
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