U.S. home price gains lag far behind the S&P 500’s double‑digit rally, while high mortgage rates and seller concessions reshape the rent‑versus‑buy calculus.
Posts tagged as “mortgage rates”
Freddie Mac reports US 30‑year mortgage rates have risen above 7% for the first time since January 2025, intensifying pressure on an already sluggish housing market.
The Federal Reserve's preferred inflation gauge reached a three-year high in May, driven by increased gas prices and demand for AI-related components. Apple also announced price hikes for its devices.
Mortgage rates dropped to their lowest levels in a week following news of a potential ceasefire, causing markets to react swiftly.