The average US homebuyer has gained $40,000 in buying power in the last 3 months as mortgage rates cool
Homebuyers have gained more purchasing power as mortgage rates have edged lower. A homebuyer with a $3,000 monthly housing budget can afford a...
Read MoreDole Urges Strengthening of Farm-Debt Restructuring Plan Offered by Reagan
WASHINGTON — Senate Majority Leader Robert J. Dole put his weight behind efforts Wednesday to convince the Reagan Administration to strengthen a...
Read More
'Black Swan' author Nassim Taleb says the US is heading for a debt 'death spiral'
The US is headed for a debt "death spiral" if politicians don't rein in spending, Nassim Taleb said. "The Black Swan" author said debt troubles will...
Read More
Americans are getting closer to an interest-rate cut — but it probably won't happen in the Fed's next big decision
The Fed is expected to continue its pause on interest-rate increases on Wednesday. In December, it penciled in three rate cuts for 2024. Fed Chair...
Read MoreBaker International
The nationwide drop in interest rates and internal cost-cutting programs enabled Baker International Corp. to post $17.7 million in profits for its...
Read MoreMortgage demand is mixed, as interest rates hit highest level since May
Mortgage demand started this year stronger than it did last year, even though interest rates are higher. Total mortgage application volume last week...
Read MoreFed's favorite core inflation measure hits 2.6% in January, as expected
Inflation eased slightly in January as worries accelerated over President Donald Trump's tariff plans, according to a Commerce Department report...
Read More
The Fed's first big move of 2024 isn't an interest rate cut — but that relief could come soon
The Federal Reserve continued its pause on interest rate hikes on Wednesday. It's unclear when it will begin cutting interest rates in 2024. Key jobs...
Read MoreEnd of content
No more pages to load