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Highest Mortgage Rates Since Late 2023 Dampen California Home Sales; California May 2024 Median Home...
Sierra Sun Times· 4 days agoJune 19, 2024 - LOS ANGELES – Mortgage rates that surged to their highest levels since late last year hampered California home sales in May on both a monthly and an annual ...
Home-Builder Sentiment Erodes as Mortgage Rates Weigh
Morningstar· 4 days agoConfidence among U.S. home builders weakened again in June, hampered by high mortgage rates, according to a report from the National Association of Home Builders released ...
China Keeps Lending Rates Unchanged As Expected
RTT News· 3 days agoChina's central bank maintained its lending rates unchanged, as widely expected, on Thursday. The People's Bank of China kept its one-year loan prime rate unchanged at 3.45 ...
U.S. Housing Sales Could Flatline
The Wall Street Journal· 2 days agoU.S. existing home sales are likely to flatline until the end of this year and “recover only marginally in 2025,” Pantheon’s Ian Shepherdson says in a note.
Canada’s Housing Starts Rose 10% In May By Baystreet.ca
Investing.com· 5 days agoCanada’s annual pace of housing starts rose 10% in May from April this year as expectations grow for...
UK interest rates remain at 16-year high ahead of election
Yahoo Finance UK· 3 days ago"While today’s announcement is positive for savers, it prolongs the misery for borrowers. Those with...
Stocks dip but up for the week, US dollar climbs
Reuters via Yahoo Finance· 2 days agoNEW YORK (Reuters) -A gauge of global stocks declined for a second straight session on Friday, weighed down by weakness in technology shares, while the...
Stocks dip but up for the week, US dollar climbs By Reuters
Investing.com· 2 days agoNEW YORK (Reuters) -A gauge of global stocks declined for a second straight session on Friday,...
Bond prices are up and yields have dropped. What does that mean?
Marketplace· 5 days agoIn the last eight weeks — barring Monday, when the bond market retreated a bit — bond prices have...
The Budget Deficit Is Soaring. Can AI Save The Day — And The S&P 500?
Investor's Business Daily· 2 days agoTruss stepped down after just seven weeks. "The bond market put its foot down and the spending...