A mass exodus of money, an $11 trillion wipeout, and the worst losing streak for global stocks since the 2008 financial crisis. The bad news is that it may not be over yet.
Newsfeed: $11 Trillion and Counting: Global Stock Slump May Not Be Over Read More »
In the week ending May 12, mortgage rates rose for the ninth time in ten weeks. 30-year fixed rates rose by three basis points to 5.30%. 30-year fixed rates jumped by 17 basis points in the week prior.
Newsfeed: US Mortgage Rates Rise for the Ninth Time in Ten Weeks Read More »
A new study by Lending Tree found Generation Z (ages 18 to 24) are purchasing homes in America’s least expensive “flyover” cities while barely entertaining homeownership in pricey coastal cities.
Newsfeed: Gen Z Homebuyers Flock To These Inexpensive Metro Areas Read More »
Amid a historic stretch of inflation over the last year, the cost of housing (especially rent) has been one of the most significant pressures on household finances.
Newsfeed: These Are The American Cities Where Rents Rose The Most Read More »
Federal Reserve Bank of St. Louis President James Bullard said that high readings on inflation still concern central bank officials, reinforcing the need for higher interest rates.
US mortgage rates jumped again this week, extending a steep climb that is shutting some would-be homebuyers out of the market.
Newsfeed: Mortgage Rates in US Rise to 5.3%, Highest Since July 2009 Read More »
Since the Fed is rushing to hike the US into a deep recession just so inflation will (supposedly) slide ahead of the November midterms, in line with Biden’s demands, the housing market is eager …
Newsfeed: There Goes The Housing Market Read More »
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 …
Newsfeed: Adjustable Loans Form Largest Share of US Mortgages Since 2008 Read More »
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.
Newsfeed: Goldman Sachs-backed firms buy entire Florida community for $45M Read More »