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The housing market is poised to loosen up as inventory climbs and prices cool, Fannie Mae says
Business Insider via Yahoo Canada News· 4 days agoRates have come down slightly, but remain elevated. The 30-year fixed mortgage rate clocked in at...
US new home sales fall to seven-month low in June
StreetInsider· 4 days agoSales of new U.S. single-family homes fell to a seven-month low in June as higher mortgage rates and prices weighed on demand, further evidence that the housing market recovery faltered in the ...
US new home sales dip in June, missing estimates
Digital Journal· 4 days agoThe sales rate of new family homes in the United States dipped in June, missing analyst estimates amid still elevated interest rates, according to...
Retired and still paying a mortgage? You may want to reconsider
USA TODAY via Yahoo Finance Canada· 5 days agoAnd millions of Americans refinanced their mortgages in recent years, an era of historically low rates. Most homeowners now have mortgage rates below 4%, according to Freddie
The US housing-market logjam keeps getting worse
Business Insider via Yahoo Finance Canada· 5 days agoWhen borrowing costs fall, elevated mortgage rates typically decline. The pattern is already showing. With rate cut expectations abounding, the weekly...
John Mayall, Pioneer of British Blues, Is Dead at 90
New York Times· 5 days agoJohn Mayall, the pioneering British bandleader whose mid-1960s blues ensembles served as incubators for some of the biggest stars of rock’s golden era,...
U.S. home sales fell in June to slowest pace since December | Investment Executive
Investment Executive· 5 days agoExisting home sales were also down 5.4% compared with June of last year. Despite the pullback in...
US home sales fell in June to slowest pace since December amid rising mortgage rates, home prices
The Canadian Press via Yahoo Finance Canada· 5 days agoLOS ANGELES (AP) — The nation's housing slump deepened in June as sales of previously occupied homes...
Funds Like Pimco Are Driving a Wave of MBS Turnaround Bets
Bloomberg via Yahoo Finance Canada· 5 days ago(Bloomberg) -- Money managers including Pacific Investment Management Co., fed up with...
June US home sales slower than expected, prices hit fresh high
Digital Journal· 5 days agoUS existing home sales dropped more than expected in June, according to industry data released...
