High interest rates weighed on home builders during 2024, resulting in the slowest pace of new-home construction in five years and adding another speed bump to the U.S. housing market's recovery.
D.R. Horton's strong revenue growth is driven by innovative product lines and expanding market share in key demographics.
The jobless rate soared to 14.8% at the height of the pandemic, but by the time Biden took office, it had dropped to 6.4%. It then fell steadily to 3.4% by 2023 as the U.S. recovered fully from the ...
The spike comes even though the Federal Reserve hoped the opposite would occur following interest rate cut decisions last year.
After hitting a new 5-month peak at the start of the week, 30-year refi rates have dipped every day since. Rates moved lower ...
After recently shooting up to the most expensive level since May, 30-year mortgage rates have fallen considerably the last two days. Most other loan types also saw declines.
NAR forecasts mortgage rates to stabilize near 6% in 2025, likely establishing a new normal. Inventory will gradually grow.
An update on the potential TikTok ban, mortgage rates go up, and EV/hybrid sales rise. Here's the Morning Business Report for Jan. 17.
With prices high, putting aside enough cash to buy a house can be daunting. But housing experts say there are assistance ...
The incoming administration will have a number of tools at its disposal to immediately pare back stifling federal regulation ...
Orchid Island Capital attracts investors with a high yield but traps them with capital losses due to a declining share price, ...
U.S. single-family homebuilding increased solidly in December, but further gains were seen limited by rising mortgage rates ...