Mortgage rates see biggest one-day drop in over a year
The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% on Friday, according to Mortgage News ...
Tag: Housing
GST reforms to set stage for next investment cycle, provide tailwind for growth in coming quarters and years: Sanjiv Bajaj
Calling it the biggest reform since the introduction of the Goods and Services Tax (GST) in 2017, Sanjiv Bajaj, Chairman ...
The housing market is no longer a wealth-building engine as home prices continue to slump
High home prices and mortgage rates have created unaffordable conditions for many Americans, but the housing market’s ability to create ...
New home inventory is at its highest level since just before the housing market collapse that led to the Great Recession, but that doesn’t mean it’s the same market
The U.S. housing market’s inventory is growing, putting pressure on prices and slowing new construction, according to fresh research from ...
Opendoor tanks after earnings as CEO thanks new investors for ‘increased visibility’
With Opendoor shares up almost fivefold since the beginning of July and trading volumes hitting record levels, CEO Carrie Wheeler ...
Americans spend an entire week’s worth of pay on rent every month—and in some cities, a full two weeks of income is just going to housing
It’s hard to imagine today, but about 17 years ago, rent for Americans was less than $1,000 per month. In ...
PNB Housing Q1 profit jumps 23% to Rs 534 crore on loan growth, NIM boost
PNB Housing Finance reported a 23% year-on-year rise in net profit for the first quarter at Rs 534 crore as ...
Top economist sounds the alarm even louder on the housing market and says homebuilders are ‘giving up’
The housing market is getting so weak that it’s poised to become a significant drag on overall economic growth, according ...
Sales of new homes tanked in May, pushing supply up to a 3-year high
Houses undergo construction in a neighborhood on April 17, 2025 in Austin, Texas. Brandon Bell | Getty ImagesSales of new ...
President stresses timely completion of urban development and housing projects
A progress review meeting on the projects implemented by the Ministry of Urban Development, Construction and Housing under the current ...
