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The Bank of England raised interest rates by a quarter of a percentage point Thursday as inflation remains stubbornly high, buoyed, in part, by strong wage growth. ....
US mortgage rates jumped this week, climbing closer to 7%. The move follows last week’s rate hike from the Federal Reserve, and the downgrade this week by Fitch Ratings agency of US sovereign debt, and of Freddie Mac and Fannie Mae. ....
Home prices remained high in May, dropping slightly from a year before when prices were near record highs and notching a monthly gain from April, according to the latest S&P CoreLogic Case-Shiller US National Home Price Index released Tuesday. ....
Washington, DC (CNN) — US home prices continued to fall in June compared to a year ago, but that may not be much comfort to home buyers. Even after falling, ....