Mortgage rates remain elevated near 7% as falling prices and rising inventory stall U.S. housing market recovery.

C&F Financial Corporation (the Corporation) (NASDAQ: CFFI), the holding company for C&F Bank, today reported consolidated net income of $7.8 million for ...

Wednesday closed up +0.78%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.14%, and the Nasdaq 100 Index ($IUXX ...

The Australian Dollar (AUD) is extending its gains against the US Dollar (USD) on Wednesday, supported by renewed global risk ...

The average interest rate on new buy-to-let loans stood at 4.99% during the quarter, down from 5.40% a year earlier. UK ...

The net interest margin ("NIM") increased 13 basis points from 3.91% for the first quarter of 2025 to 4.04% for the second quarter of 2025 primarily due to an increase in average yield on ...

Year-on-year, the average new seller asking price is now just 0.1% higher than in July 2024. In contrast, average earnings have risen by over 5%. This gap is helping more buyers re-enter the market or ...

US mortgage rates rose for the second straight week, with the 30-year rate hitting 6.75%, worsening an ongoing housing market ...

U.S. consumer sentiment hit a five-month high in July as confidence in the economy grew and inflation concerns eased.

So what would be so bad about cutting rates? Conventional thinking. The interest rate “should be” the rate of inflation plus a premium for future inflation. If inflation is (say) 3% (the one year out ...

Tech led US stocks on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off ...

Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.72%, up 0.36% from the previous week, according to the Mortgage Research Center. Borrowers may be able to save on interest ...