Home sales post first year-over-year gain in over 3 years
Sales of previously occupied US homes rose in October, the first annual gain in more than three years, with home ...
Tag: interest rates
Home sales hit 14-year low despite low mortgage rates, rising supply
Sales of previously occupied US homes slowed in September to the weakest annual pace in nearly 14 years even as ...
Why have mortgage rates jumped despite interest rate cuts?
Mortgage rates have jumped higher in recent weeks — an ugly surprise for would-be homebuyers who were hoping the Federal ...
Consumer confidence plummets in September by most in 3 years
US consumer confidence plunged in September by the most in three years as Americans continue to grapple with high prices ...
Fed might have cut rates at July meeting: Fed Chair Powell
The central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it ...
Retail sales rise 0.1%, less than expected, lifting odds for big rate cut
US retail sales rose just 0.1% last month — a weaker-than-expected result that likely raises the odds for a large ...
Elon Musk says Fed ‘foolish’ for not cutting interest rates yet
Billionaire Elon Musk said Sunday the Federal Reserve was “foolish” to not have cut interest rates sooner in the wake of ...
‘more good data’ would boost case for rate cuts
Inflation “remains above” the Federal Reserve’s 2% target, but has been improving in recent months and “more good data would ...
Mortgage rates fall below 7% in boost for homebuyers
The average rate on a 30-year mortgage dipped this week to just below 7% for the first time since mid-April, ...
US economy cools as GDP growth hits lowest level since 2022 , inflation remains sticky to send Dow spiraling
The US economy grew at its slowest pace in two years in the first quarter, while prices rose at a ...
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