High interest rates weighed on home builders during 2024, resulting in the slowest pace of new-home construction in five years and adding another speed bump to the U.S. housing market's recovery.
The U.S. stock market will be closed on Monday in observance of Martin Luther King Jr. Day, so equity traders won't be able ...
Commoditization of mortgages, plus technology that eases the refinance process and the regulatory environment, all ...
The jobless rate soared to 14.8% at the height of the pandemic, but by the time Biden took office, it had dropped to 6.4%. It then fell steadily to 3.4% by 2023 as the U.S. recovered fully from the ...
Timing the next HELOC rate drop can be difficult and is something that existing borrowers won't need to worry about ( their rates will adjust independently each month ). That said, based on recent ...
Could a 50-year bond, redeemable in gold on America’s 300th Birthday, point the way out of the era of fiat money?
This week the American Library Association (ALA) filed an amicus brief affirming the FCC's essential Universal Service Fund ...
After hitting a new 5-month peak at the start of the week, 30-year refi rates have dipped every day since. Rates moved lower ...
After recently shooting up to the most expensive level since May, 30-year mortgage rates have fallen considerably the last two days. Most other loan types also saw declines.
NAR forecasts mortgage rates to stabilize near 6% in 2025, likely establishing a new normal. Inventory will gradually grow.
Stocks and bonds staged a turnaround this week as investors cheered a flurry of positive headlines that bolstered the case ...
In its earliest years, the Federal Reserve’s mission was to help small financial institutions weather the turbulence of ...