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Alex VeigaInc.com |
Rates have been mostly trending higher since the conflict between the U.S. and Iran began in late February.
Sales rose 3.2% compared with May last year.
The National Association of Realtors looked at the data and found Gen Z women are nearly twice as together when it comes to homebuying.
Energy prices, inflation fears, and a housing market that can't catch a break.
“The war in Iran has seriously complicated the spring buying season,” said Joel Berner, senior economist at Realtor.com.
It's still climbing to levels not seen in years, though, over $100 per barrel, with the war in Iran entering its second week.
All told, money coming into the market from individual investors jumped about 50% from 2023 to early 2025, JPMorgan found.
Sept. 8, 2022, was the last time the average rate was below 6%.
The transactions are outlined in a report released by the U.S. Office of Government Ethics, which reviewed Adriana Kugler's financial disclosures.
“It’s not healthy for the economy that people are staying put,” said Daryl Fairweather, chief economist at Redfin.
Real-estate investors are still hooked on flipping, though.
Mortgage rates have been mostly falling since late July on expectations of a rate cut by the central bank. Here it is.
“A stay by this court would therefore be the first signal from the courts that our system of government is no longer able to guarantee the...
The S&P 500 fell 0.5%. The benchmark index is set to end August about 2%, which would be its fourth straight month of gains.
The S&P 500 rose 0.2%, good enough to nudge the benchmark index past the record high it set two weeks ago.
Delta’s encouraging report boosted the entire airline sector. Delta surged 12%, United jumped 10.1%, American climbed 7.9% and JetBlue rose 4.8%.
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