Today: November 14, 2024
Today: November 14, 2024

Latest From ALEX VEIGA

Economy|Finance|US

Average long-term US mortgage rate climbs back to nearly 7% after two-week slide

The average long-term U.S. mortgage rate climbed back to nearly 7%, just under where it was two weeks ago, pushing up borrowing costs for home shoppers with the spring homebuying season underway

Average long-term US mortgage rate climbs back to nearly 7% after two-week slide
Business|Economy|Finance

Insider Q&A: Builder KB Home on outlook for Spring homebuying season

KB Home CEO Jeffrey Mezger speaks with The Associated Press about how the recent pullback in mortgage rates could shape the housing market this year and the challenges builders face amid rising labor and land costs

Insider Q&A: Builder KB Home on outlook for Spring homebuying season
Business|Economy|Finance|US

Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard

Housing market trends are shaping up in favor of a solid 2024 for U.S. homebuilders — as long as mortgage rates don’t jump back to the highs they hit late last year

Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
Business|Economy|Finance|US

Average long-term US mortgage rose again this week to highest level since mid December

The average long-term U.S. mortgage rate rose this week for the third time in as many weeks, driving up home loan borrowing costs in just as the spring homebuying season ramps up

Average long-term US mortgage rose again this week to highest level since mid December
Business|Economy|Finance|US

Average long-term US mortgage rate rose this week to 6.77%, highest level in 10 weeks

The average long-term U.S. mortgage rate rose this week to its highest level in 10 weeks, a setback for prospective homebuyers ahead of the spring homebuying season

Average long-term US mortgage rate rose this week to 6.77%, highest level in 10 weeks
Business|Economy|Finance|US

Average long-term US mortgage rate eases to 6.63%, a welcome move for prospective homebuyers

The average long-term U.S. mortgage rate eased this week, welcome news for prospective homebuyers as the spring homebuying season approaches

Average long-term US mortgage rate eases to 6.63%, a welcome move for prospective homebuyers
Economy|Finance|US

Boost for homebuyers: Average long-term mortgage rate falls to 6.6%, lowest level since May

The average long-term U.S. mortgage rate fell this week to its lowest level since May, welcome news for prospective homebuyers facing rising home prices and intense competition for relatively few properties on the market

Boost for homebuyers: Average long-term mortgage rate falls to 6.6%, lowest level since May
Business|Economy|Finance

Homebuilders step up construction of single-family homes as 30-year mortgage rate eases below 7%

Homebuilders are stepping up construction of single-family homes following a steady decline in mortgage rates and broad expectation among economists that home loan borrowing costs will ease further next year

Homebuilders step up construction of single-family homes as 30-year mortgage rate eases below 7%
Economy|Finance|US

5-month skid in home sales snapped in November as easing mortgage rates give buyers breathing room

Sales of previously occupied U.S. homes rose in November, ending a five-month skid, as easing mortgage rates encouraged homebuyers

5-month skid in home sales snapped in November as easing mortgage rates give buyers breathing room
Business|Economy|Finance

Bypassing mortgage rates: Share of US homes bought with cash hits highest level in nearly a decade

Homebuyers who can afford to bypass the highest mortgage rates in two decades are increasingly forgoing financing and paying all cash

Bypassing mortgage rates: Share of US homes bought with cash hits highest level in nearly a decade
Business|Economy|Finance|US

The average long-term US mortgage rate surges to 7.63%, holding at highest level since 2000

The cost of financing a home surged again this week, keeping the average long-term U.S. mortgage rate at its highest level since December 2000

The average long-term US mortgage rate surges to 7.63%, holding at highest level since 2000
Business|Economy|Finance|US

The average long-term US mortgage rate surges to 7.57%, holding at highest level since 2000

Home loan borrowing costs rose for the fifth straight week, keeping the average long-term U.S. mortgage rate at its highest level in more than two decades and taking another bite out of prospective homebuyers’ purchasing power

The average long-term US mortgage rate surges to 7.57%, holding at highest level since 2000
Business|Economy|Finance|US

Where are the homes? Glaring need for housing construction underlined by Century 21 CEO

The highest mortgage rates in more than two decades are keeping many prospective homebuyers out of the market and discouraging homeowners who locked in ultra-low rates from listing their home for sale

Where are the homes? Glaring need for housing construction underlined by Century 21 CEO
Business|Economy|Finance|US

The average long-term US mortgage rate reaches highest point in nearly 23 years, hitting 7.31%

Home loan borrowing costs climbed again this week, pushing the average long-term U.S. mortgage rate to its highest level in nearly 23 years, another blow to prospective homebuyers facing an increasingly less affordable housing market

The average long-term US mortgage rate reaches highest point in nearly 23 years, hitting 7.31%
Business|Technology

Marriott agrees to pay $52 million, beef up data security to resolve probes over data breaches

Marriott International has agreed to pay $52 million and make changes to bolster its data security

Marriott agrees to pay $52 million, beef up data security to resolve probes over data breaches
Business|Finance|Technology

Airbnb's second-quarter profit fell 15% despite its revenue rising 11% on stronger bookings

Airbnb says its profit fell 15% in the second quarter from a year earlier, as higher income taxes cut into the short-term rental giant’s bottom line even as bookings and revenue rose

Airbnb's second-quarter profit fell 15% despite its revenue rising 11% on stronger bookings
Business|Technology

Amazon joins 29 other 'blue chip' companies in the Dow Jones Industrial Average

Amazon

Amazon joins 29 other 'blue chip' companies in the Dow Jones Industrial Average
Business|Technology|US

Activision Blizzard to pay $54 million to settle California state workplace discrimination claims

Activision Blizzard has agreed to pay about $54 million to settle discrimination claims brought by California’s civil rights agency on behalf of women employed by the video game maker

Activision Blizzard to pay $54 million to settle California state workplace discrimination claims
Business|Economy|Finance|Stock Markets|Technology

Uber set to join the S&P 500 index in latest sign of a turnaround for the ride-hailing service

Uber's stock is set to join the S&P 500 index later this month

Uber set to join the S&P 500 index in latest sign of a turnaround for the ride-hailing service
Business|Economy|Finance|Technology

Tesla's price cuts eat into Cybertruck maker's profits as net income plunges 44% in the 3rd quarter

Tesla has reported that its net income slumped in the third quarter versus a year earlier

Tesla's price cuts eat into Cybertruck maker's profits as net income plunges 44% in the 3rd quarter
Business|Economy|Finance|News|US

Average rate on a 30-year mortgage slips to 6.08%, lowest level in 2 years

The average rate on a 30-year mortgage in the U.S. slipped this week to its lowest level in two years, boosting home shoppers’ purchasing power as they navigate a housing market with prices near all-time highs

Average rate on a 30-year mortgage slips to 6.08%, lowest level in 2 years
Business|Economy|Finance|News

Considering a mortgage refi? Lower rates are just one factor when refinancing a home loan

Mortgage rates haven’t been this attractive in more than a year, good news for homeowners eager to refinance

Considering a mortgage refi? Lower rates are just one factor when refinancing a home loan
Business|News|US

Invitation Homes agrees to pay $48 million to settle claims it saddled tenants with hidden fees

The nation’s largest owner of single-family homes for rent has agreed to pay $48 million to settle claims by the Federal Trade Commission

Invitation Homes agrees to pay $48 million to settle claims it saddled tenants with hidden fees
Business|Economy|Finance|News|Stock Markets|US

Wall Street rally helped boost gains for 401(k) plan savers in the first half of 2024

Strong growth for stocks on Wall Street this year have helped juice gains for savers with retirement accounts

Wall Street rally helped boost gains for 401(k) plan savers in the first half of 2024
Business|Finance|News

Average rate on a 30-year mortgage eases to 6.46%, the lowest level in 15 months

The average rate on a 30-year mortgage eased this week to its lowest level in 15 months

Average rate on a 30-year mortgage eases to 6.46%, the lowest level in 15 months

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