Last month mortgage rates dropped below 7%, which led to an increase in mortgage applications for home purchases, but “that ...

"The consumer has lost some confidence in the market," notes Dean Rathbun, executive vice president at United American Mortgage Corporation. He's seeing reduced spending on goods and services.

However, "we think markets are too optimistic about Federal Reserve's rate cuts this year and so the recent dip in mortgage rates is just a temporary respite," he said. U.S. existing home sales ...

My 2025 forecast for the highest mortgage rate in 2025 is 7.25%, and we have reached that level already. So far, GDP has been running at 3% in the last three quarters and retail sales consumption ...

Image caption: The Big Picture's June conversations go deep on homeownership access, growth and market risk. June's lineup ...

Home Depot doesn’t expect to raise prices because of tariffs, saying it has spent years diversifying the sources for the ...

Metro Phoenix home sales climbed in March as mortgage rates ticked down ... I've loved being around music heads' Dane Briggs, executive vice president of Clear Title Agency Arizona, said there ...

The home improvement retailer, which has experienced sluggish sales, also said the price strategy could help it compete ...

Legal & General said its lifetime & retirement interest-only mortgage advances fell 9.8% to £270m from ... The financial services group’s equity release sales sit in its UK retail unit, which also ...