Sweeping Mortgage Boycott Changes the Face of Dissent in China
(Bloomberg) -- In a nation that only tolerates dissent in modest doses—and depends on residence as its financial expansion engine—a home loan boycott by hundreds...
China’s economy could be dragged down by loss of confidence in property sector
The reduction of assurance in China's residence sector could feed into a contagion that would more drag down the Chinese financial system, analysts warned.The responses...
Housing market chills as mortgage rates, prices scare buyers
Kyle Tomcak sits in entrance of his property in Aurora, Colo., on Monday, July 18, 2022. Tomcak was in the market for a home priced...
The Fed hopes another aggressive rate hike will help to tame high inflation : NPR
The Federal Reserve is expected to hike its benchmark desire fee by an extra three-quarters of a proportion point on Wednesday, as it proceeds to...
Despite a hike in June, mortgage rates are holding steady below 6%. But will that continue?
Will mortgage rates continue to level off or are we headed for more rate increases? Getty Images/iStockphoto Mortgage rates have been holding below 6% for...
Mortgage rates tick higher again as recession fears loom
The 30-year fixed-rate mortgage averaged 5.54% in the week ending July 21, up from 5.51% the week before, according to Freddie Mac. That is significantly...