mortgage rates

October Inflation Dips to 7.7% Fueling Hopes for ‘Soft Landing’
October Inflation Dips to 7.7% Fueling Hopes for ‘Soft Landing’
November 10, 2022  |  Economy

The nation’s closely watched Consumer Price Index fell to a nine-month low of 7.7% in October, as the impact of rising interest rates and weaker...

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FinTech IPO Index Down 2.7% as Opendoor and Upstart Cut Staff
FinTech IPO Index Down 2.7% as Opendoor and Upstart Cut Staff
November 04, 2022  |  Investments

The ranks are thinning at FinTech firms. In a week that’s seen its share of earnings announcements and a fourth rate hike from the Federal...

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Opendoor Business Model Flaw Drives Losses on 42% of August Deals
Opendoor Business Model Flaw Drives Losses on 42% of August Deals
September 19, 2022  |  Real Estate

Opendoor Technologies reported it lost money on 42% of transactions in August as the U.S. housing market falters for builders, flippers and others looking to...

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Luxury Home Slowdown Takes Toll on RH Furniture Sales
Luxury Home Slowdown Takes Toll on RH Furniture Sales
June 29, 2022  |  Retail

RH, the high-end furniture retailer, has seen its stock tumble in extended trading, after it cut its forecast, Bloomberg reported Wednesday (June 29). This was...

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Coronavirus Cases Climb; Dow Sinks Along With Mortgage Rates 
Coronavirus Cases Climb; Dow Sinks Along With Mortgage Rates 
February 24, 2020  |  International

As the Coronavirus spreads beyond the borders of Asia, its effects are casting a widening shadow that is being felt in just about every industry,...

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Homeowners Are Carrying More Debt Thanks To Rising Home Prices, Mortgage Rates
Homeowners Are Carrying More Debt Thanks To Rising Home Prices, Mortgage Rates
April 11, 2018  |  Real Estate

With home prices rising and mortgage rates increasing, Americans are finding it hard to make a home purchase a reality, which could pressure a whole...

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