November
Page: 7
March 1 (Reuters) – The average interest rate on the most popular U.S. home loan remained last week at its highest level since November as stronger-than-expected readings on inflation, job gains and consumer spending caused investors to hike their bets that the Federal Reserve will have to keep raising its policy rate through the summer. […]
Feb 22 (Reuters) – The average interest rate on the most popular U.S. home loan rose last week to its highest since November as bond markets took fright that the Federal Reserve might have to continue tightening policy through summer to subdue inflation, data from the Mortgage Bankers Association (MBA) showed on Wednesday. The average […]
Year-over-year single-family rental price gains fell to 7.5% in November 2022, the lowest growth recorded since May 2021 Orlando, Florida moved into the No. 1 spot for annual rent increases, ending Miami’s 15-month streak at the top Attached rental price growth continued to outpace detached rental price growth, a respective 8% and 6.5% compared with […]
Dec 28 (Reuters) – Contracts to buy U.S. previously owned homes fell far more than expected in November, diving for a sixth straight month in the latest indication of the hefty toll the Federal Reserve’s interest rate hikes are taking on the housing market as the central bank seeks to curb inflation. The National Association […]
In a Friday night release before Christmas, U.S. border authorities reported a record number of encounters with migrants in November as officials worry about the impacts of the impending expiration of Title 42. U.S. Customs and Border Protection (CBP) said the agency saw 233,740 encounters along the southwest border, a 1% increase from October. At […]
WASHINGTON, Dec 21 (Reuters) – U.S. existing home sales slumped to a 2-1/2 year low in November as the housing market continued to be squeezed by higher mortgage rates. Existing home sales plunged 7.7% to a seasonally adjusted annual rate of 4.09 million units last month, the lowest level since May 2020, the National Association […]
Retail sales fell in November, with spending on even traditionally popular gift categories like clothing and sporting goods declining, a sign that high prices for necessities like food are affecting how people approach the holiday shopping season. U.S. retail sales fell 0.6 percent in November from October, the Department of Commerce said on Thursday. The […]
US factory production declined for the first time since June, underscoring weaker conditions in the sector amid waning global demand and higher borrowing costs. The 0.6% drop in factory production last month followed an upwardly revised 0.3% gain in October, according to Federal Reserve data released Thursday. The figure missed all estimates in a Bloomberg […]
MONDAY AM: Black Panther: Wakanda Forever is higher this morning with a $181M opening, still a domestic debut record for the month of November. Sunday came in a million higher than what Disney was expecting at $40.5M (vs. $39.5M . . .
By Joseph Adinolfi and Jamie Chisholm U.S. stocks opened lower on Friday, leaving the major equities indexes on track for a weekly loss, after November produce-price inflation was reported slightly higher than expected though the annual rate slowed. How stocks are trading On Thursday, the Dow Jones Industrial Average rose 184 . . .