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Five key developments from the budget you may have missed

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Rachel Reeves presented Labour's first budget in almost 15 years on Wednesday, bringing in £40bn of tax rises and promising to spur growth in...
Bussiness

Home sales contracts picked up last month as lower mortgage rates helped buyers

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A measure of housing contract activity jumped 7.4% in September as buyers took advantage of lower mortgage rates and higher...
Bussiness

Experts push back on Goldman Sachs’ forecast for low returns

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Goldman Sachs’ that the S&P 500 will deliver 3% annualized nominal total returns over the next 10 years has gotten a lot of...
Bussiness

First-time homebuyers hold off on purchases amid ‘slim’ pickings, high mortgage rates

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Lindsey Vogel has been looking to buy her first home since February of this year. She hasn't had any luck....
Bussiness

US 30-year fixed-rate mortgage rises to 6.54%

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WASHINGTON (Reuters) - U.S. mortgage rates increased for a fourth straight week this week, suggesting the housing market could remain...
Bussiness

Existing home sales in September fall to lowest level since 2010

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Sales of existing homes fell in September as house hunters remained on the sidelines despite mortgage rates easing during the...
Bussiness

PulteGroup beats profit estimates as lower mortgage rates boost housing demand

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(Reuters) - U.S. homebuilder PulteGroup beat Wall Street estimates for third-quarter earnings on Tuesday, as declining fixed mortgage rates lured in skittish buyers to...
Bussiness

Inflation hasn’t been defeated yet because the housing crisis could bring it back

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Inflation has improved dramatically since the Federal Reserve launched its aggressive rate hikes in 2022, but the housing market's affordability crisis hasn't gone away...
Sports

Takeaways from AP’s reporting on how Arizona voters view the economy with the election close at hand

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MESA, Ariz. (AP) — The Arizona economy by many measures is flourishing, but it doesn't feel that way for a lot of voters in...
Bussiness

The housing market is picking up in some of the most expensive regions of the US

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The housing market is showing signs of life.Listing activity and homes going under contract ticked up last month nationwide, the latest sign that some...
Bussiness

Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks

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The average rate on a 30-year mortgage in the U.S. rose for the third week in a row, reaching its highest level in eight...
Bussiness

Homebuilder confidence rises in October despite mortgage rates increasing

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Homebuilders are feeling more confident about the housing market despite a recent sharp rise in mortgage rates.The National Association of Home Builders (NAHB)/Wells Fargo...
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