High mortgage rates continue to weigh on the nation’s homebuilders, leading to an increase in price cuts to lure buyers. But builders are cautiously optimistic about recent signs that interest rates may move lower soon.Homebuilder sentiment fell six points to 34...
Varun Krishna, Rocket Companies CEO, joins ‘Squawk Box’ to discuss mortgage demand, mortgage rate trends, the state of the housing market, impact of A.I., and more. Source link
Former US President Donald Trump appeared in court on Tuesday for the third week of a civil fraud trial in New York, on October 17, 2023.Fatih Akta | Anadolu Agency | Getty ImagesDonald Trump and his co-defendants asked a judge Wednesday to grant a mistrial in the...
Potential homebuyers attend an open house in Seattle.Mike Kane | Bloomberg | Getty ImagesCurrent homeowners and potential homebuyers are responding to lower mortgage rates, albeit slowly.Mortgage demand rose 2.8% last week, compared with the previous week, according...
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailChina reported better-than-expected retail sales and industrial data for October, with retail sales growing 7.6% compared to a year ago. CNBC’s Evelyn Cheng...