Sales of previously occupied U.S. homes fell in May for the third straight month as rising mortgage rates and record-high prices discouraged many prospective homebuyers during what’s traditionally the housing market’s busiest period of the year
June 21, 2024
Home loan borrowing costs eased again this week as the average rate on a 30-year mortgage declined to its lowest level since early April
June 20, 2024
A federal judge in Texas has blocked a new rule by the National Labor Relations Board that would have made it easier for millions of workers to form unions at big companies
March 10, 2024
The average long-term U.S. mortgage rate eased this week, welcome news for prospective homebuyers as the spring homebuying season approaches
February 01, 2024
The cost of financing a home surged again this week, keeping the average long-term U.S. mortgage rate at its highest level since December 2000
October 19, 2023
Sales of previously occupied U.S. homes fell for the fourth month in a row in September, held back by surging mortgage rates and a thin supply of properties on the market
October 19, 2023
Home loan borrowing costs rose for the fifth straight week, keeping the average long-term U.S. mortgage rate at its highest level in more than two decades and taking another bite out of prospective homebuyers’ purchasing power
October 12, 2023
Home loan borrowing costs climbed again this week, pushing the average long-term U.S. mortgage rate to its highest level in nearly 23 years, another blow to prospective homebuyers facing an increasingly less affordable housing market
September 28, 2023
Mortgage rates eased again this week, though the latest pullback leaves the average rate on a 30-year home loan at close to 7%, where it’s been much of this year
June 13, 2024
The average rate on a 30-year mortgage dipped to just below 7% this week, little relief for prospective homebuyers already facing the challenges of rising housing prices and a relatively limited inventory of homes on the market
June 06, 2024
The average rate on a 30-year mortgage dipped this week to just below 7% for the first time since mid April, a modest boost for home shoppers navigating a housing market dampened by rising prices and relatively few available properties
May 23, 2024
Homeowners have been spending more for renovations in recent years, as high interest rates and inflation drove up costs for everything from flooring to refrigerators
May 09, 2024
KB Home CEO Jeffrey Mezger speaks with The Associated Press about how the recent pullback in mortgage rates could shape the housing market this year and the challenges builders face amid rising labor and land costs
February 22, 2024
Housing market trends are shaping up in favor of a solid 2024 for U.S. homebuilders — as long as mortgage rates don’t jump back to the highs they hit late last year
February 22, 2024
Veev, a homebuilder based in Hayward, California, hoped that the construction of more modular homes would help tackle the nation’s chronic shortage of new homes
November 24, 2023
Homebuyers who can afford to bypass the highest mortgage rates in two decades are increasingly forgoing financing and paying all cash
November 09, 2023
The average long-term U.S. mortgage rate edged up again this week, another setback for would-be homebuyers navigating an increasingly less affordable housing market
September 21, 2023
Uber's stock is set to join the S&P 500 index later this month
December 04, 2023
Tesla has reported that its net income slumped in the third quarter versus a year earlier
October 18, 2023
The average rate on a 30-year mortgage moved back above 7% this week, a setback for home shoppers at a time when the U.S. housing market is already slowing under the strain of elevated home loan borrowing costs and rising prices
May 30, 2024
James “Jim” Simons, a renowned mathematician and pioneering investor who built a fortune on Wall Street and then became one of the nation’s biggest philanthropists, has died at age 86
May 10, 2024
The average rate on a 30-year mortgage climbed this week to its highest level in more than five months, pushing up borrowing costs for prospective homebuyers in what’s typically the housing market’s busiest stretch of the year
May 02, 2024
A real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide
April 26, 2024
The average long-term U.S. mortgage rate climbed this week to its highest level since late November, another setback for home shoppers in what’s traditionally the housing market’s busiest time of the year
April 25, 2024
Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its highest level in nearly five months
April 18, 2024
SAIC Volkswagen says adjusting plant base "necessary"
Low brow and vulgar? Micro dramas shake up China's film industry, aim for Hollywood
Harris campaign reports spending nearly three times as much as Trump in August
India's Manipur on high alert over influx of 900 militants from Myanmar
Quad to expand maritime security cooperation at Biden's farewell summit
AI is helping shape the 2024 presidential race. But not in the way experts feared
The Midwest could offer fall’s most electric foliage but leaf peepers elsewhere won’t miss out
Phillies clinch 3rd straight playoff berth and close in on NL East title