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US home prices to rise 5% this year, more modestly next
Reuters· 6 days agoFederal Reserve. Despite elevated mortgage rates - and expectations among forecasters that the first...
2 Housing Stocks That Look Like Buys
Barrons.com· 23 hours agoThese trends give analysts confidence to forecast almost 5% sales growth annually to $27 billion by 2027. As long as product costs don’t rise too much,...
Thursday was a sour day for the US economy — with an important silver lining
CNN Business via Yahoo Finance· 6 days agoMortgage rates track the 10-year yield. Pending home sales slumped 7.7% in April...said in a...
Bank of Canada interest rate cut praised by Canadian auto dealers
Automotive News· 4 hours agoThe Canadian Automobile Dealers Association (CADA) says the Bank of Canada’s (BoC) cut to the overnight lending rate is good news for the auto retail industry. The BoC on ...
Financial Services Roundup: Market Talk
The Wall Street Journal· 23 hours agoHe expects the BOC’s policy rate to decline to 3.5% next year, and even then, he adds, “that will leave most mortgage holders facing steep payment shocks...
TrustCo Bank Corp NY (TRST) To Go Ex-Dividend on June 7th
ETF DAILY NEWS· 12 hours agoTrustCo Bank Corp NY (NASDAQ:TRST – Get Free Report) announced a quarterly dividend on Tuesday, May...
US factory activity, construction spending both fall
Reuters via Yahoo Finance· 2 days ago(Reuters) -U.S. manufacturing activity slowed for a second straight month in May as new goods orders dropped by the most in nearly two years, and...
21% of new first-time buyers stretch mortgage terms for more than 35 years
PA Media: Money via Yahoo Finance· 2 days agoThe trend of longer-term mortgages is ‘further evidence of the ongoing affordability crunch’,...
UK house prices in surprise rise in May
BBC via Yahoo Finance· 6 days agoMortgage rates in the UK have been comparatively high because the Bank of England is not forecast to cut interest rates as quickly or as steeply as...
Metro Denver saw record surge in home listings at end of May
Denver Post· 10 hours agoThe thinking was that sellers sitting on 30-year mortgages below 4%, and even...the “need to move”...
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