November pending home sales were unchanged, despite a sharp drop in mortgage rates
Pending home sales in November were unchanged compared with October and 5.2% lower than November of last year, according to ...
Tag: Mortgages
‘To buy or not to buy, that is the question’: BofA reveals rent is cheaper than mortgages in all but two of 97 major metros
This housing market has Bank of America economists in a Shakespearean mood about the eternal debate: The slings and arrows ...
‘Small percentage’ of bank deposits have been delayed by a glitch since last week, creating chaos for paying mortgages and rent
A processing glitch in the network that processes electronic transfers between nearly all U.S. bank accounts led to delays in settling ...
The housing market was already painful, ugly and anxious. Now the 8% mortgage rate is back
Today's housing market is a toxic mix of high mortgage rates, high prices, tight supply and strangely strong pent-up demand ...
Housing industry urges Powell to stop raising interest rates or risk an economic hard landing
New homes under construction in Miami, Florida, Sept. 22, 2023.Joe Raedle | Getty ImagesTop real estate and banking officials are ...
Treasury yield jump is not ‘death to equities,’ BofA’s Savita Subramanian says
The latest jump in Treasury yields is not "death to equities," BofA Securities' Savita Subramanian told CNBC's "Fast Money" on ...
Home prices may be on the verge of cooling off
After rising steadily since January, home prices may now be turning lower again.The latest read on home prices shows they ...
Foreign buyers are bailing on the U.S. housing market. Here’s why
International buyers are pulling back from the U.S. housing market, as high mortgage rates, soaring home prices, a meager supply ...
Homebuilder sentiment rises again in July, but builders warn higher mortgage rates are hurting
Builder sentiment in the market for single-family homes rose 1 point in July to 56, according to the National Association ...
