mortgage rates
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Business
Mortgage Rates Are Forecast Above 7% Through 2027, and Buyers Aren’t Coming Back
The week's small rate decline did not move demand. The October forecasts did: both major forecasters now put 30-year rates…
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Business
Bank of Canada’s 2.50% Call: The Saturday Hint That Flipped the Economists
Nineteen of 34 economists changed their call after the bank's own survey showed inflation expectations rising — and the governor…
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Business
Berkshire Hathaway Bets Big on U.S. Homebuilders Under Greg Abel
Greg Abel is reshaping Berkshire Hathaway’s housing empire just months into his tenure as CEO, executing a rapid consolidation strategy…
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Business
September CPI Jumps 3.7% as Energy Costs Hit Consumers
U.S. inflation accelerated in September, driven by a surge in energy prices tied to Middle East infrastructure attacks, even as…
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Business
U.S. Existing Home Sales Stall Near 4 Million as Rates Hit 7.4%
The war between the U.S. and Iran has delivered a severe secondary shock to American real estate, pushing mortgage rates…
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Business
When Will US Housing Affordability Return? Redfin Maps the Timeline
U.S. homebuyers waiting for affordability to recover face a timeline dictated almost entirely by one variable: mortgage rates. A new…
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Business
Treasury Yields Hit 2002 Highs as Warsh’s Hawkish Fed Spooks Bonds
U.S. government debt is enduring its most violent repricing in years, driven not by fresh inflation data or a fiscal…
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Business
30-Year Mortgage Rates Hit 7.4% as Bond Yields Surge
The cost of financing a home in the United States climbed again this week, pushing the benchmark 30-year fixed mortgage…
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Business
Oura Cancels IPO as Bond Rout Pushes Treasury Yields Above 5%
Oura, the smart-ring manufacturer that had positioned itself for one of the most closely watched public debuts of the season,…
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Business
Home Sellers Cut Prices at Record Pace, but High Mortgage Rates Limit Buyer Gains
A record share of U.S. home sellers are cutting asking prices, yet the advantage remains tilted toward a narrow slice…
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