U.S. Homebuyers Are Getting Discouraged by Rising Rates and Prices
Potential homebuyers are getting discouraged by rising mortgage rates and home prices, according to a survey released by the New York Fed Reserve.
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Mortgage Rates Hit 5%, An 11-Year High
Mortgage rates hit 5% this week, the highest level since February 2011, continuing a stunning ascent since the start of 2022.
Jamie Dimon to Work-From-Homers: You win
In blow to office landlords, JPMorgan Chase CEO gives in to remote work.
Do Rising Mortgage Rates Make Homes Unaffordable?
Mortgage rates hit an almost three-year high this week, and home prices have soared during the pandemic.
Record Share of Americans Say Rents Will Keep Rising This Year
A record share of Americans anticipate that rents will go up over the next 12 months, according to Fannie Mae data going back to 2010.
HSBC, JPMorgan Among Banks Losing Fees in China Junk Drought
High-yield bond sales in Asia are off to their slowest start in six years as China property developers remain largely shut out of the market.
Mortgage Businesses Seen Laying Off Thousands as Volume Drops
U.S. home mortgage lenders have spent much of the last two years hiring. Now they might have to spend the coming months laying workers off.
