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.
Investors are appraising Trump policies' likely impact on stocks on the last trading day before the inauguration.
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 ...
U.S. single-family homebuilding increased to a 10-month high in December, indicating some improvement in housing activity at ...
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.
In the same way that workers must pay tax on their earnings, landlords also have to pay tax on the income they receive from ...
Renowned Northern Ireland restaurateur and cookbook author Niall McKenna MBE tells Money how he's cut costs in his restaurant ...
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.