High Prices and Rates Keep Home Sales Near Cycle Lows
Two months ago, existing home sales hit a five-month low. Last month’s report showed a minor rebound. This month’s update,…
Author: finzexpert.com
Mortgage Rates Tick Higher, But Just Barely
It’s been a pretty good run for mortgage rates since hitting their most recent highs last Tuesday. Each subsequent day…
Trump says he’s struck “massive” trade deal with Japan calling for 15% tariffs
President Trump said Tuesday he has struck a “massive” trade deal with Japan that calls for 15% tariffs on goods…
Credit card startup Imprint beats big banks for Rakuten co-brand deal
A view of the logo of Rakuten Mobile at its branch in Tokyo, Japan, November 28, 2023. Staff | Reuters…
Rising Rates Hit Mortgage Apps, But Pace Remains Better Than 2024
Mortgage application activity dropped sharply last week as rates moved higher, according to the Mortgage Bankers Association’s (MBA) latest survey.…
Mortgage Rates Barely Budge Today and This Week
While any rate watcher’s bingo card should always have a few squares devoted to “unchanged, flat, etc.,” this week’s had…
Astronomer board investigating CEO Andy Byron after Coldplay kiss-cam video
The technology company Astronomer said Friday that its board of directors has started a formal investigation after its CEO, Andy…
China’s deflationary slide worsens as companies spiral into price wars
The urban skyline and cityscape in Shanghai China. Lu Shaoji | Moment | Getty Images BEIJING — From coffee to…
Mortgage Applications Buoyed by FHA Refis
Mortgage application activity moved slightly higher last week despite a modest uptick in rates, according to the Mortgage Bankers Association’s…
Mortgage Rates Move Higher Despite Decent Inflation Reading
Mortgage rates are based on bonds and bonds don’t like inflation. When inflation reports are higher than the market expected,…