Economists expect the Federal Reserve to leave interest rates unchanged at the end of its two-day meeting this week, even though many experts anticipate the central bank is preparing to start cutting rates in the months ahead.In prepared remarks earlier this month,...
A For Sale sign is posted in front of a home for sale in San Marino, California on September 6, 2023. Frederic J. Brown | AFP | Getty ImagesMortgage rates swung slightly lower last week, fueling a significant jump in mortgage demand for the second straight week. Total...
Skynesher | E+ | Getty ImagesFactors beyond high mortgage rates are affecting housing affordability for many Americans, according to experts.Almost four years ago, a household earning $59,000 annually could afford a new mortgage without spending more than 30% of their...
An urban view of high-rise buildings at dusk as seen from Hong Kong’s Victoria Peak.Nurphoto | Nurphoto | Getty ImagesStocks of Hong Kong developers rose after Financial Secretary Paul Chan scrapped property cooling measures in a bid to bolster the sector, which...
Sturti | E+ | Getty ImagesThe cost of housing is generally expensive across the board for Americans, whether you’re a renter or an aspiring homeowner.While both home prices and rent have outpaced wage growth in most areas, renting can be the smarter financial...
