Mortgages

Rocket Shares Fall After Q3 Revenue Miss: Details
EXCLUSIVE: How To Raise Capital In Cannabis - A Guide To Debt And Equity For Avoiding Pitfalls That Sink Most Startups
Wall Street Marks New Record Highs On Strong Start To Earnings Season, Investors Downplay Inflation Surge, Tesla Disappoints: This Week In The Market
EXCLUSIVE: How To Raise Capital In Cannabis - A Guide To Debt And Equity For Avoiding Pitfalls That Sink Most Startups
Wall Street Marks New Record Highs On Strong Start To Earnings Season, Investors Downplay Inflation Surge, Tesla Disappoints: This Week In The Market
Mortgage Rates Near 6%, Demand Increases For Refinancing, Purchases
Homebuilder Giants Lennar, PulteGroup Hit New 52-Week Highs As Rate Cut Closes In

Mortgages Recent News

Harris Warns Trump Tax Plan Will 'Devastate Americans,' Vows To Go After 'Bad Actors' Behind Food Prices
Kamala Harris focused on middle-class Americans during a campaign speech Friday. A plan for tax cuts, lowering costs and improving home affordability was laid out.
Mortgage Applications Rocket By 16.8%, Notch Strongest Weekly Increase In 1.5 Years: 'Homebuyers Took The Opportunity To Refinance'
Mortgage applications surge 16.8%, refinance activity at highest since 2022. Mortgage-linked stocks reach record levels. Top-performing stocks listed.
Mortgage Rates Fall To 15-Month Lows, Boost Homebuyer Demand As Federal Reserve Hints At Rate Cuts
Bond yields drop on expectations of Fed rate cut, leading to lowest mortgage rates in over a year and surge in mortgage applications for both new and refinancing loans.
US Home Sales See Sharpest Monthly Decline In 1.5 Years As Record High Prices Keep Buyers On The Sideline
US existing home sales declined 5.4% in June 2024, with median sales price reaching a record high. Slow shift to buyer's market seen by NAR.
Mortgage Rates Continue To Tick Down In Mid-July: 'The Economy Remains Resilient'
Mortgage rates decline to 6.77% as housing market slowly moves towards equilibrium. Many Americans still cannot afford homes.
New Home Sales Dip In May As High Mortgage Rates Keep Buyers 'On The Sidelines'
Sales of new single-family homes declined in May due to high mortgage rates. Median sales price was $417,400. Inventory low, demand strong.
Mortgage Rates Fall For Third Straight Week With Signs Of Lower Inflation, Fed Rates
Mortgage rates declined for a third consecutive week due to cooling inflation and an expected Fed rate cut.
Mortgage Rates Fall For Second Straight Week In Response to Positive Economic Data
Mortgage rates dropped for a second week in a row. Thirty-year fixed-rate average was 6.95%, down from 6.99% last week.
Home Sellers Slashing Prices At Fastest Rate In Nearly Two Years: What's Going On?
A new report from Redfin shows high home prices, but a decline in applications to buy homes and selling prices being cut at a high rate.
Home Prices Outpace 1990s, 2010s In Just 4 Years: Is It Sustainable?
Despite high mortgage rates, US house prices have grown 40% since 2020, surpassing growth in the 90s and 2010s. Experts question sustainability.
Real Estate Stocks Fall As Mortgage Rates Rise To 4-Month Highs: 'Inflation Is Proving Tougher To Bring Down'
Real estate stocks drop due to poor housing data and high mortgage rates, with concerns for sector's future. Rates highest since December 2023.
Homebuilder Stocks Tumble As Housing Starts Fall By 14.7%: 'A Poor Time To Buy A Home,' Says Economist
Homebuilder stocks face declines as SPDR Homebuilders ETF drops 1.8% to lowest level since Feb.26, 2024 amid negative economic data. Housing starts decrease by 14.7% in March, showing cracks in growth.
Will Mortgage Rates Pop Again? Homebuyers Combat An Affordability Crises
Rising mortgage rates raise concerns for homebuyers and economists. Inflation and Fed's monetary policy play a role. Rates may stay above 7%.
'Transforming The Home Buying Process': Rocket Mortgage Unveils AI-Based Rocket Logic Platform
Rocket Mortgage introduces Rocket Logic, an AI-driven platform revolutionizing home ownership, streamlining processes with data and advanced AI.
Hunterbrook Media Shorts United Wholesale Mortgage: UWM Casts Doubt On New Firm's Integrity
Hunterbrook Media, a new hedge fund and news org, releases a short report accusing UWM of unfair practices. UWM responds, calling the report unethical.
Are You A Housing Market Lock-In? High Mortgage Rates Result In 'People Not Living In Homes They Would Prefer'
Mortgage lock-in in U.S. housing market hampers supply and mobility, boosts home improvement retailers, but worsens affordability and restricts sales.
Warren Buffett's Bet On Lennar: Will The Homebuilding Giant's Earnings Report Validate The Investment?
Berkshire Hathaway has a $20 million stake in Lennar, Buffett sold shares in DR Horton
US GDP Growth Downwardly Revised To 3.2% In Q4, Mortgage Demand Tumbles Further: Wednesday's Economic Digest
US economy's growth adjusted downward in Q4 2023, still healthy but slower than expected. Mortgage rates stable, applications decline for 3rd week.
Mortgage Rates Climb Above 7% As Hot Inflation Dampens Expectations For Fed Cuts
The average interest rate for 30-year fixed-rate mortgages rose to 7.06%, resulting in a 10.6% drop in mortgage applications. This is due to increased inflation and a rise in Treasury yields.
Sticky Inflation, Surging Treasury Yields Push Mortgage Rates To 2-Month Peak: Real Estate Stocks Tumble
U.S. housing market faces pressure as mortgage rates rise to 6.87%, highest in 2 months. Inflation data and bond yields trigger market sell-off.
Yellen Warns Non-Bank Lenders Could Fail As Household Finances Become Stretched
Janet Yellen says the U.S. financial system is overall sound and well-capitalized.
Mortgage, Credit Card Surge Pushes US Household Debt To Record $17.5 Trillion, Delinquencies Up
Household debt in the US reached a new record high of $17.5 trillion in 2023, with significant increases in mortgage and credit card balances. Delinquency rates are also rising, causing concerns about consumer financial stress.
Homebuilder Shares Hang In Balance As Credit-Stretched Consumers Await Rate Cuts
Hopes for strength in the housing market in 2024 are hinged on Fed rate cuts.

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