Browsing: mortgage rates
A $400 million lawsuit against UBS is designed to punish banks who throw employees to the wolves
In August 2015, former UBS banker Tom Hayes sat in a London courtroom after being found guilty of eight counts…
A gauge of future home sales just turned negative—despite 9 straight weeks of falling mortgage rates
Mortgage rates have been coming down, but there has yet to be a spike in homebuying activity—and one leading indicator…
Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’ on Americans
For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him. Inflation has come down…
The housing market has been particularly brutal the past couple of years. While the pandemic ushered in an era of…
Mortgage rates plunge to 11-month low on Fed rate cut hopes, and many lenders may quote in the high 5% range
After a disappointing spring and summer, the housing market could start to heat up as fall approaches with the latest…
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…
Millennials and Gen Z are gambling on a big mortgage-rate drop, using ARMs and refinancing. But that could be a ‘financial ticking time bomb’
Although mortgage rates peaked at 8% in late 2023, they remain relatively elevated at about 6.5%. But some members of…
Wall Street has been laser focused on the Federal Reserve’s monetary policy this past week, but minutes from the central…
Even a 1% mortgage rate drop could be enough to ‘unlock’ the frozen housing market, Oxford Economics says
If you’re waiting for mortgage rates to fall to around 3% to buy a home, don’t hold your breath. The…
The price premium on new-construction homes is dissolving. New home prices dropped in 30% of large U.S. cities last quarter
While new-construction homes have historically been more costly than buying an existing house, that trend is changing in some markets.…












