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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

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

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

China’s big banks to cut existing mortgage rates Oct 25

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BEIJING (Reuters) - Four of China's biggest state-owned banks announced cuts on Saturday to existing mortgage rates starting on Oct. 25, as the authorities...
Sports

Monthly mortgage payments surged by over £350 in past five years

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The average monthly mortgage repayment has reached £931, some £350 more than just five years ago, leaving homeowners under the pressure of rising costs.Figures...
Bussiness

US 30-year mortgage rises to 6.32%, biggest weekly gain since April, Freddie Mac says

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(Reuters) - The average rate on the popular U.S. 30-year mortgage rate increased to 6.32% this week, its largest one week increase since April,...
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