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How industry forecasters see 2024 shaping up
HousingWire via Yahoo Finance· 6 days agoEconomists at Bank of America and the Mortgage Bankers Association have new forecasts for this year and next. We look at mortgage rates ...
'Momentous' inflation data will give big clue on interest rate cut timing
Evening Standard via Yahoo Finance· 7 days agoThe fate of an early summer interest rate cut may be defined this week, by hotly anticipated...
Losses Pile Up in Top-Rated Bonds Backed by Commercial Real Estate Debt
Bloomberg via Yahoo Finance· 5 days ago...Bloomberg) -- For the first time since the financial crisis, investors in top-rated bonds backed...
BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is...
Fortune via Yahoo Finance· 4 days ago“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation...
Home builders are slashing prices to lure home buyers, but it may not be enough
Morningstar· 3 days agoBuyers are held back by how much they can afford due to high interest rates, in addition to home prices staying high as well. Sales of new homes fell 4.7% to an annual < ...
PulteGroup (PHM) Surges 75% in a Year: More Upside in 2024?
Zacks via Yahoo Finance· 5 days agoThis differentiation helps them target various buyer preferences and market segments effectively....
Interest rates alert as 'grim' retail sales could sway BoE's next decision
Daily Express· 4 days agoRetail spending took a significant hit last month as persistent rain put off shoppers, the latest...
U.S. existing home sales drop 1.9% in April, pushed lower by high rates and high prices
Billings Gazette· 3 days agoWASHINGTON — High mortgage rates and rising prices continued to put a damper on the spring homebuying season last month.
Why Aren’t UK Interest Rates Falling as Inflation Tumbles?
Bloomberg· 6 days agoHave a confidential tip for our reporters? With UK inflation now within reach of the Bank of...
Stock market today: Wall Street slumps to worst day since April on worries about interest rates
WPXI· 4 days agoNEW YORK — (AP) — In the latest example of how good news for the economy can be bad for Wall Street,...