Posted inEconomy
U.S. Home Sales Unexpectedly Drop 2.4% in June as High Rates Curb Demand
Discover why US home sales unexpectedly fell in June as high mortgage rates and record prices sidelined buyers during the peak summer season.
Posted inEconomy
Starter Home Affordability Creeps Back as Regional Splits Define the U.S. Housing Market
Discover where entry-level homes are becoming affordable again as rising inventory and regional price shifts offer relief to first-time buyers.
Posted inEconomy
Starter Home Affordability Crawls Back, But High Rates and Regional Divides Reshape the Market
Starter home affordability is slowly recovering, but high mortgage rates and rising prices still challenge first-time buyers in a shifting market.
Posted inEconomy
U.S. Housing Market Shows Signs of Recovery as Mortgage Rate Locks Hit Highs Unseen Since 2023
US home buyers are returning to the market as mortgage rate locks surge to a one-year high, signaling a strong recovery for the housing sector.
Posted inEconomy
Wall Street Housing Restrictions Spark Debate Over Future Construction and Affordability
New laws limiting Wall Street home purchases aim to help buyers, but critics debate the impact on housing affordability and construction.
Posted inEconomy
U.S. Pending Home Sales Drop 5.4% in June as High Rates Cool Demand
US pending home sales unexpectedly fell 5.4 percent in June as high mortgage rates and affordability challenges kept prospective buyers on the sidelines.
Posted inEconomy
U.S. Pending Home Sales Drop Unexpectedly in June as High Mortgage Rates Deter Buyers
US pending home sales plunged in June as high mortgage rates and record prices sidelined buyers, signaling a sharp slowdown for the housing market.
Posted inEconomy
Mortgage Rates Jump to 6.55%, Reaching Highest Level in Nearly a Year
US mortgage rates have climbed to a one-year high of 6.55 percent as geopolitical tensions and rising bond yields pressure the housing market.
Posted inEconomy
Bigger, Not Smaller: Wealthy Baby Boomers Are Upsizing Their Homes in Retirement
Wealthy Baby Boomers are defying retirement trends by using record home equity to buy larger luxury homes for multi-generational living.
Posted inEconomy
Mortgage Rates Surge to 6.58%, Hitting Highest Level in Nearly a Year Amid Inflation and Geopolitical Pressures
US mortgage rates have climbed to their highest point in nearly a year driven by rising Treasury yields and geopolitical tensions.
