Read more at The Wall Street Journal.
Housing Market Slumps as Mortgage Rates Top 7%
Date: | |
Tag: | Mortgage |
Sort by
Filter
Date
Items per page
-
House prices fall as lenders raise mortgage rates
The Nationwide says the average cost of a home was down 4% on the peak seen in the summer of 2022.BBC News - Top stories - Mortgage -
What Fed Rate Moves Mean for Mortgages, Credit Cards and Student Loans
Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity loans and other forms of debt.The New York Times - Business - Federal Reserve -
Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
The share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage Bankers Association. That is the highest level of the year.CNBC - Business -
Adjustable-rate mortgage demand surges to highest level this year as 30-year rate keeps climbing
Mortgage applications fell 2.3% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.29%.MarketWatch - Business -
Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
It marked another increase after the prior month's annual gain of 6%, and the fastest rate of price growth since November 2022.CNBC - Business -
Jim Cramer's top 10 things to watch in the stock market Wednesday
Wall Street begins May under pressure after a terrible April that broke five straight months of gains.CNBC - Business -
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.The Wall Street Journal - World -
Markets await updates from Chair Powell as Fed set to keep interest rates at 23-year high
The Federal Reserve is expected to announce Wednesday that it will hold its key interest rate steady for the sixth-straight meeting.CNN - Top stories - Federal Reserve -
College basketball transfer portal 2024: Ranking top 80 players as Coleman Hawkins, JT Toppin enter market
Here are the best transfers in the portal so far during college basketball's 2024 offseasonCBS Sports - Sports - College Basketball -
Travis Kelce says Chiefs holdout was never happening, 'extremely grateful' for top-of-market deal
Kelce is now the highest-paid TE in the NFLCBS Sports - Sports
More from The Wall Street Journal
-
Watch Live: Federal Reserve News Conference
Watch as Fed Chair Jerome Powell speaks after the Federal Reserve’s latest policy-setting meetingThe Wall Street Journal - World - Federal Reserve -
Rates Staying Higher for Longer Could Mean More Big Goodwill Write-DownsAhead
Walgreens, Lumen, Truist and Verizon are among the companies with the largest impairments in the past year.The Wall Street Journal - World -
There's No Business Like White House Business
Donald Trump may be an entrepreneur, but that doesn’t mean he’s a good steward of the economy.The Wall Street Journal - World -
Blinken Arrives in Israel---and Finds a Stronger Netanyahu
The Biden administration, rocked by protests at U.S. college campuses, needs the Israeli leader to deliver a halt in the fighting.The Wall Street Journal - World - Israel -
EPA's Deceptive Climate Regulations Won't Stand in Court
If the major-questions doctrine doesn’t kill them, the ‘rule against pretext’ will.The Wall Street Journal - World - Climate