Inflation Rises to 40-Year High on Fuel, Food Prices in Run-Up to Fed Meeting
The CPI data bolsters the Federal Reserve’s plan to begin raising its benchmark rate next week for the first time in three years.
March 10, 2022 2 MIN
U.S. Homeowners Gained $3.2 Trillion in Equity, CoreLogic Says
Homeowners with mortgages gained an average of $55,300 in equity, CoreLogic said in a report on Thursday.
March 10, 2022 1 MIN
Housing Market Could Withstand a Recession Without Price Losses, Report Says
The U.S.housing market likely could withstand a recession without a downturn in home prices, according to Jaret Seiberg, a housing policy analyst for Cowen Washington Research Group.
March 7, 2022 2 MIN
U.S. Unemployment Rate Falls to 2-Year Low as Job Growth Beats Expectations
Employers added 678,000 workers to their payrolls in February, smashing economists' estimates and sending the unemployment rate to a two-year low.
March 4, 2022 2 MIN
Mortgage Rates Tumble as War in Ukraine Sends Global Investors Fleeing to Bond Markets
Mortgage rates tumbled in the U.S. as the Russian invasion of Ukraine caused global investors to shift assets into dollar-denominated bonds.
March 3, 2022 2 MIN
Mortgage Rates, Done With the Pandemic, Rise to 2019 Levels on Fed Exit
Rates are rising as the bond markets lose their biggest buyer – the Federal Reserve.
February 17, 2022 2 MIN
Home Sales in 2022 Probably Will Rise to a 16-Year High, Goldman Sachs Says
Existing home sales likely will total 6.41 million this year, the investment bank said in a note to clients, beating the projections of other housing forecasters.
February 14, 2022 2 MIN
Higher Mortgage Rates Won’t Knock Housing Market Off Track, Wells Fargo Says
A shortage of both new and existing homes on the market is keeping demand high among buyers, the report said.
February 12, 2022 2 MIN
