Live Breaking News & Updates on Moody Mark Zandi|Page 4

Stay updated with breaking news from Moody mark zandi. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Capital Markets, Job Movement, CPI Takeaways; Mortgage Rate Surveys

With most mortgage related headlines focused on rates being back above 6 percent for the first time since 2008, it makes sense that 67 percent of millennials and Gen Zers who moved back home during the pandemic still live there. Lending Tree surveyed more than 1,300 U.S. parents and/or generation Zers/millennials to get their thoughts on pandemic parent-living arrangements and found that 85 percent of parents would let their children move back in as adults or have previously done so, and most (73 percent) wouldn’t charge them rent. That sounds “pretty sweet” as higher mortgage rates combined with still-high home prices are making it challenging for homebuyers as we head into what historically has been the best time of the year to find a home. According to economist Elliot Eisenberg, Ph.D., asking rents rose 0.4 percent in August this year. While that is historically very high (pre-Covid, rent hikes in August were about 0.2 percent), that figure is way down from the ....

United States , District Of Columbia , Freddie Mac , Seth Sprague , Scott Alexander , Freddie Mac Choicerenovation , Jen Peachman , Josh Katz , Fannie Mae , Jeff Neufeld , Elliot Eisenberg , Robbie Chrisman , Andrew Mcelroy , Michael Metz , Kyle Hubert , Stephanie Zinsmeister , Moody Mark Zandi , Katelyn Hodges , Flagstar Bank , Community Bank , Richey May Mortgage Banking Consulting Services , American Federal Mortgage Corporation , Us Census Bureau , Federal Reserve , Your Company Human Capital , Margaritaville Hotel Nashville ,

Explainer-How Biden's student loan forgiveness will impact U.S. consumers

WASHINGTON (Reuters) -President Joe Biden announced on Wednesday a long-awaited plan to cancel billions of dollars in student debt, making good on a campaign promise to aid debt-strapped younger Americans ....

New York , United States , White House , District Of Columbia , Donald Trump , Moody Mark Zandi , Nandita Bose , Heather Timmons , Joe Biden , College Board , Federal Reserve , Pell Grants , New York Fed , Democrat Biden , Treasury Secretary Larry Summers , Mark Zandi , Alex Alper , Will Dunham , News Us World , Ews Reuters ,