Washington, DC CNN — New home sales in the United States surged higher in September from the month before, even as mortgage rates remained over 7%, making financing…
Read more US new home sales surged in September | CNN BusinessLondon CNN — A slump in government bonds around the world has pushed up the cost of some nations’ debt to levels not seen in more than a…
Read more Why you should care about the global rout in government bonds | CNN BusinessNew York CNN — On Tuesday, the Supreme Court began hearing oral arguments in a case that will determine the fate of the Consumer Financial Protection Bureau. The…
Read more The fate of this consumer watchdog is in the hands of the Supreme Court | CNN BusinessWashington, DC CNN — US mortgage rates surged to their highest level in nearly 23 years this week as inflation pressures persisted. The 30-year fixed-rate mortgage averaged 7.31%…
Read more US mortgage rates climb to 7.31%, hitting their highest level in nearly 23 years | CNN BusinessWashington, DC CNN — Housing is less affordable than it has been in about four decades. But buying or renting a home might be even less affordable now…
Read more More remote workers are willing to move in order to find affordable housing | CNN BusinessHong Kong CNN — China just made it easier for people to buy homes, in a move that could affect $3.5 trillion in mortgage loans as Beijing seeks…
Read more China relaxes mortgage rules to help homebuyers in latest stimulus push | CNN BusinessWashington, DC CNN — US mortgage rates remained elevated this week, rising for the third week in a row, but stayed just under the market’s 7% threshold. The…
Read more Mortgage rates rise to just short of 7% | CNN BusinessWashington CNN — Mortgage rates have taken would-be buyers on a ride this year — and it’s only March. Generally, home buyers can anticipate mortgage rates to move…
Read more What the banking crisis means for mortgage rates | CNN BusinessNew York CNN — The US Supreme Court decided this week to hear a case that will consider the constitutionality of funding for the Consumer Financial Protection Bureau…
Read more CFPB: What it does and why its future is in question | CNN BusinessLondon CNN — UK house prices last month saw their biggest annual decline since November 2012, in the latest indication of the lasting pain that former Prime Minister…
Read more UK house prices post sharpest fall since 2012 as high mortgage rates hurt | CNN BusinessWashington, DC CNN — Pending home sales crushed expectations in January, when mortgage rates dropped from recent highs of more than 7% and home buyers jumped at the…
Read more Pending home sales blew past expectations last month as buyers pounced on lower rates | CNN BusinessWashington, DC CNN — Home prices are going up across the country — in aggregate. Looking at individual markets, however, some are showing prices have fallen from a…
Read more Here are the US cities where home prices are actually falling | CNN BusinessHong Kong CNN — The property market in China is so depressed that some banks are resorting to drastic measures, including allowing people to pay off mortgages until…
Read more China’s property crash is prompting banks to offer mortgages to 70-year-olds | CNN BusinessWashington, DC CNN — Mortgage rates climbed higher for the second consecutive week, following four weeks of declines. Inflation is running hotter, making rates more volatile, with the…
Read more Inflation pushes up mortgage rates for second week in a row | CNN BusinessWashington CNN — President Joe Biden delivered a Thursday speech to hail economic progress during his administration and to attack congressional Republicans for their proposals on the economy…
Read more Fact check: Biden makes false and misleading claims in economic speech | CNN PoliticsNew York CNN — News outlet CNET said Wednesday it has issued corrections on a number of articles, including some that it described as “substantial,” after using an…
Read more One news publication had an AI tool write articles. It didn’t go well | CNN BusinessLondon CNN — In May 2017, Sophie Bichener did what many in their twenties are unable to do: buy a home. She paid around £230,000 (around $295,000 at…
Read more ‘We’re trapped’: Britons in homes with unsafe cladding see no way out as living costs soar | CNNA version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN — Mortgage rates…
Read more Housing slump likely to continue but some see hopeful signs ahead | CNN BusinessA version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio…
Read more The Grinch comes for retailers | CNN BusinessNew York CNN Business — Investors sleuthing for clues about what the Federal Reserve will decide during its December policy meeting got quite a few this week. But…
Read more Fed officials crushed investors’ hopes this week | CNN Business
