Tag Archives: general news

It’s easy to want to duck for cover given the carnage seen this year in stocks and bonds, particularly with the Federal Reserve vowing to wage an unconditional battle against high inflation. While inflation running at a 40-year high still sits near the top of the list of worries for …

San Francisco is one of the areas with more new listings now than pre-pandemic. Getty Images Even as mortgage rates continue their upward climb (see the lowest rates you can qualify for here), home prices have continued to rise. And one big factor in those rising home prices is that …

Text size Federal Reserve Chairman Jerome Powell. Kevin Dietsch/Getty Images) Even bear markets get bounces. The stock market had a terrific week, and for the first time in a long time, the rally feels like it can last. The Dow Jones Industrial Average rose 5.4%, the S&P 500 gained 6.4%, …

Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS How retirees should navigate this bear market Constantly checking your net worth can be hazardous to your wealth Read More The stock market’s …

Yet a big question still facing investors, lenders and anyone trying to navigate the still-hot housing market is whether the Federal Reserve will start selling its trove of mortgage holdings to fortify its inflation fight. The central bank is so far trying to counter inflation by more traditional means: raising …

What will happen to mortgage rates in the near future? Getty Images While rates on 30-year fixed mortgages remained above the 6% mark for most of the last two weeks, for the second day in a row this week, mortgage rates dropped below 6%. Indeed, the average rate on 30-year …

This article is reprinted by permission from NerdWallet.  As prices on goods and services continue to rise because of inflation, scaling back expenses isn’t the only way to free up cash to cover essentials. Credit cards can feature valuable perks for new applicants, whether your goal is to pay off …

These are the latest mortgage rates Getty Images For roughly a week now, the average rate on a 30-year fixed mortgage was above 6%, according to Bankrate data — but the latest numbers show that rates have dipped below 6%. Indeed, data released today from Bankrate shows that the average …

What will happen to mortgage rates this summer? Getty Images In June, rates on the 30-year fixed-rate mortgage climbed above 6%, according to Bankrate data. This comes as inflation stubbornly sits at a 40-year high and the Fed has raised rates multiple times in an attempt to curb it. So …

KB Home Inc. late Wednesday beat Wall Street expectations for its second quarter, but said that its sales pace slackened as buyers faced higher mortgage interest rates and inflation. The homebuilder KBH, +2.42% said it earned $211 million, or $2.32 a share, in the quarter, compared with $143 million, or …