Washington, DC CNN — Mortgage rates continued to climb last week amid a stronger-than-expected economy and geopolitical uncertainty in the Middle East.
Tag: mortgage banking and finance
Existing home sales dropped in September to 13-year low as surging prices and mortgage rates stymie demand
Washington, DC CNN — Home sales dropped in September to the lowest level since the foreclosure crisis as surging interest rates and
Why your mortgage rate is probably different from the ‘average’
Washington, DC CNN — The average US mortgage rate hit 7.49% this week, the highest level in 23 years. But the rate
The fate of this consumer watchdog is in the hands of the Supreme Court
New York CNN — On Tuesday, the Supreme Court began hearing oral arguments in a case that will determine the fate of
Stephen Perkins: Decatur police shoot, kill Alabama man outside his home
CNN — The family of an Alabama man who died after being shot by police outside his home early Friday morning is
Pending home sales plunged last month as mortgage rates hit 20-year highs
Washington, DC CNN — US pending home sales dropped 7.1% in August from the month prior as mortgage rates surging over 7%
Bank of England pauses historic rate hikes as UK inflation falls
London CNN — The Bank of England paused its historic interest rate hiking campaign for the first time in nearly two years
Home building sank in August amid crushing mortgage rates
Washington, DC CNN — US home building sank in August, dropping 11.3% from July levels, as mortgage rates stayed elevated amid lingering
The latest data signals the Fed will pause next week and keep future rate hikes on the table
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Furniture companies in a rut as fewer people buy big-ticket items
CNN — People aren’t buying furniture like they used to. Last week, a pair of furniture retailers said they are experiencing a
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