Tens of Millions of U.S. Properties Face Wildfire Risk, New Study Says
Estimates show one in five single-family homes in U.S. is at risk of being in a wildfire over the next 30 years Almost 80 million U.S. residential and commercial properties…
Has the Market Hit Bottom?
Another week, another dismal set of returns. For stock and bond investors, 2022 is off to a terrible start. Now stresses are beginning to emerge in credit fixed income markets.…
‘The market is shifting.’ Here’s exactly when 3 economists predict competition in the housing market will decline
Mortgage rates on 30-year fixed rate loans have climbed from about 3.5% earlier this year to upwards of 5.6%, and pros say they may go higher (see the lowest mortgage…
Mortgage Rates in US Rise to 5.3%, Highest Since July 2009
US mortgage rates jumped again this week, extending a steep climb that is shutting some would-be homebuyers out of the market. The average for a 30-year loan was 5.3%, up…
Adjustable Loans Form Largest Share of US Mortgages Since 2008
US homebuyers are increasingly turning to adjustable-rate mortgages as overall borrowing costs soar. ARMs — which carry variable interest rates that reset based on the market at predetermined times —…
Stocks Climb on Inflation Data
Data show first inflation deceleration since August Stocks swung between gains and losses Wednesday after fresh data showed inflation eased slightly in April but not as much as economists expected.…