Pending home sales sink in February, setting a grim tone as housing market enters key spring season
Higher mortgage rates are taking their toll on home sales, as a strong housing market begins to turn.
Higher mortgage rates are taking their toll on home sales, as a strong housing market begins to turn.
A new Cold War will pose a new challenge to a market that is still recovering from the uncertainties of the pandemic.
Fast-rising mortgage rates are causing a drop in mortgage demand, especially refinances.
Mortgage rates are rising far faster than economists had predicted, and some are now revising their home sales forecasts lower as a result.
Federal Reserve Chairman Jerome Powell owed tough action on inflation, which he said jeopardizes an otherwise strong recovery.
Consumers hit with higher prices due to inflation likely aren't looking forward to interest rate hikes from the Federal Reserve. Here's why the Fed does...
The probability of recession in the U.S. was raised to 33% in the next 12 months, up 10 percentage points from the Feb. 1 survey.
The headline producer price index rose 0.8% in February, which actually was slightly lower than the 0.9% Dow Jones estimate.
Single-family rents were up 38.6% in Miami, compared with just a 2% jump for the city in January 2021.