mortgage rates
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Business
Home Depot Sales Rise 5.7% to $47.9B Amid Corporate Job Cuts
Home Depot reported second-quarter sales of $47.9 billion, representing a 5.7 percent increase from the same period last year, as…
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Business
U.S. Housing Market Splits as Luxury Demand Surges and Starter Home Buyers Gain Leverage
High-earning real estate buyers are driving a resurgence in the U.S. luxury property market, while first-time buyers pull back amid…
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Business
Rising Treasury Yields and Sticky Inflation Undercut White House Economic Pledges Ahead of Midterms
The cost of borrowing across the United States has climbed to levels unseen in nearly two decades, sharply contradicting White…
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Business
US Mortgage Rates Reach One-Year High as 30-Year Fixed Climbs to 6.66%
U.S. residential borrowing costs climbed to their highest level in a year this week, driven by increases across major benchmark…
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Business
Power Shift: US Housing Market Cools as More Metros Transition to Buyer’s Markets
The multi-year grip that sellers have held over the United States housing market is beginning to loosen. A growing number…
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Business
The 40-Year-Old First-Time Buyer: How the Starter Home Market Is Being Redefined
The American dream of homeownership is undergoing a fundamental transformation as the average age of a first-time homebuyer reaches 40.…
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Business
Mortgage Rates Are Rising Again — This Time the Market Isn’t Brushing It Off
The last time mortgage rates hovered around 6.5%, buyers adjusted and kept moving. That isn’t happening now. Rates on a…
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