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HOMEBUYERS US RECESSION
Mortgage rate predictions for the next 5 years: Thinking of buying a home? Here’s whether mortgage rates will fall below 5% by 2030 or stay above 6%Mortgage rate predictions for the next 5 years show rates near 6% today. That is based on recent market data. The 10-year Treasury yield si...- Will a potential recession in US provide discounted opportunities to home buyers? Check detailsAmidst concerns of a potential US recession in 2025, experts are analyzing its possible effects on the housing market. While some anticipat...
- US 30-year mortgage rate dropped last week, applications surgedThe interest rate for the most popular U.S. home loan dropped to 6.61% last week, the lowest since October, boosting mortgage applications ...
- US housing crisis: Why is America facing shortage of homes and will this crunch revive inflation?US housing crisis: Across the United States, people are facing an acute housing affordability crisis. The problem of supply-demand, pandemi...
- US consumer confidence ticks up in MarchThe Conference Board reported Tuesday that its consumer confidence index rose to 104.2 in March from 103.4 in February. Optimism about curr...
- Redfin to cut another 13% of workforce, shutter RedfinNowRedfin has slashed more than a quarter of its workforce since April 2022 on the assumption that the housing downturn will last "at least th...
- Homes are not sweet anymore? US Housing market sales hit lowest in yearsIn the US, housing sales decreased 20.2 per cent from the previous year and 5.9 per cent from the month of June to July.
- Let’s not mince words while the global economy heads southDeliberating on tags can be a distraction. It’s better to focus on the substance of the problem: a pronounced and synchronized global downd...
- Slowing economic rebound raises unemployment fearsThe US economic recovery is losing so much momentum that employers are unlikely to step up hiring anytime this year, and unemployment could...
- Weak demand may pose risk to marketAlthough hopes of economic recovery and an upturn in demand drove crude oil prices to over $75 per barrel, a further rise appears doubtful.
- US Q3 growth fastest in 2 years on stimulus shotThe economy in the US probably grew in the third quarter at the fastest pace in two years as government stimulus helped bring an end to the...
- Housing, manufacturing drive recovery: Fed surveyImprovements in housing and manufacturing are driving the early stages of the US economic recovery, according to a Federal Reserve survey r...
- Job competition toughest since recession beganThe number of job seekers competing for each opening has reached the highest point since the recession began, according to government data ...
- Job losses in US slowed in Aug: SurveyEmployers in the US probably cut jobs in August at a slower pace and manufacturing grew for the first time in more than a year, adding to e...
- Weak consumer confidence raises alarm on US recoveryThe sentiment index dipped to a preliminary 63.2 from 66.0 in August, confounding most analysts who had expected it to rise to 69.0.
- Higher rates, oil prices threaten US recoveryRising bond yields are taking a toll on home mortgage and corporate lending rates and together with jumping oil prices are threatening the ...
- Senate OKs $15,000 tax break for homebuyersThe Senate voted Wednesday night to give a tax break of up to $15,000 to homebuyers in hopes of revitalizing the housing industry, a victor...
- US economy contracted 0.5% in third quarterThe US economy shrank in the third quarter faster than previously estimated as consumer spending plunged by the most in almost three decade...
- HSBC profits rise, takes another $3.2 billion in subprime hitGlobal bank HSBC said Monday that first-quarter profits climbed, despite taking a $3.2 billion (2.07 billion euro) hit from its exposure to...
- Fed can avoid recession if it's readyFed Reserve has cut its target for the key federal funds rate to 4.75% and injected $263.5 bn in temporary reserves.
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