Dow tumbles into the red for the year after unexpected jobs data, Washington chaos
The Dow careened to its worst day since March – and into the red for 2023 — as an unexpected surge in job ...
Tag: interest rates
Mortgage rates jump to 7.31% — a 23-year-high
Home loan borrowing costs climbed again this week, pushing the average long-term US mortgage rate to its highest level in ...
Existing home sales fall for third straight month in August
Sales of previously occupied US homes fell for the third month in a row in August, as higher mortgage rates, ...
Homebuilders jacking up prices as buyers can’t find anything on resale market
Publicly listed US homebuilders are raising prices on new construction, taking advantage of an acute shortage of previously owned homes ...
US payroll may lose 500,000 jobs in US government data revision
US payroll growth in the year through March may have been weaker than previously reported — to the tune of ...
Home sales slump in July as bidding wars drive prices higher
Sales of previously occupied US homes fell last month to the slowest pace since January, as elevated mortgage rates and ...
Mortgage rates hit 7.09% — highest in over 20 years
The average long-term US mortgage rate jumped this week to its highest level in 20 years, grim news for would-be ...
Existing home sales tumble to 5-month low in June
Sales of previously occupied US homes fell in June to the slowest pace since January, as a near-historic low number ...
Fed’s Jerome Powell says more rate hikes are likely this year
With inflation in the United States still excessive, most Federal Reserve officials expect to raise interest rates further this year, Chair Jerome ...
Fed’s preferred inflation gauge rose to 4.4% in April
A key index of US prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in ...
Recent Comments