Today’s housing market is a toxic mix of high mortgage rates, high prices, tight supply and strangely strong pent-up demand — and it’s scaring off buyers…
The average rate on the popular 30-year fixed mortgage rose to 7.72% on Tuesday, according to Mortgage News Daily.Mortgage rates follow loosely the yield on the…
Spencer Platt | Getty ImagesThe unemployment rate in the U.S. improved last month as millions of people returned to the workforce.But the official 13.3% unemployment rate,…
The U.S. inflation rate rose at its slowest pace in seven months in August, far less than economists were expecting and a hopeful sign that inflation pressures…
Stock markets around the world fell on Thursday as investors faced up to the prospect of persistent high inflation, and much higher borrowing costs to fight…
The Federal Reserve raised its target federal funds rate by a half point at the end of its two-day meeting Wednesday, notching the largest increase in the…