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Browsing Tag
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As U.S. home prices fall, an alarming number of buyers are underwater
Surging mortgage rates aren't just raising the cost of purchasing a new home. An alarming number of recent homebuyers have discovered they already owe more on their property than it's worth, according to a new analysis.Some…
Analysis: A worrisome poll number for Donald Trump
A version of this story appeared in The Point newsletter. To get it in your inbox, sign up for free here.
CNN
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Donald Trump is running for president. But…
North Carolina man to open up The Wrong Number tavern with funds from telemarketing settlements
Check out what's clicking on FoxBusiness.com One North Carolina businessman is turning lemons into lemonade. Omar Khouri, who has run an IT company since 2006, told FOX Business he collected around $120,000 from settlements with!-->-->…
Record number of £10m-plus London properties sold as pound falters | The super-rich
The collapse in the value of the pound has led the global super-rich to buy up 61 luxury London properties each worth more than £10m in the first six months of 2022 – the highest number in a decade.The total value of £10m-plus homes…
The Number of SHIB Holders Shudders in 3 Days, Shiba Inu Slid 17% in Value Last Month – Altcoins…
While most digital currencies have seen gains during the last month, the meme token called shiba inu has lost more than 17% during the last 30 days. Despite the fact that shiba inu is down 72% from the crypto asset’s all-time…
Number of bitcoin whales spikes as sanctions on Russia bite
The number of blockchain wallet addresses with hoards of more than 1,000 bitcoin — around $43 million — surged on Monday as Western nations stepped up sanctions on Russia's government and wealthy elite.
The figure increased by nearly 5%…
Is 4% the “Magic Number” for Mortgage Rates to Prick the Housing Market (and Stocks)?
The Magic Number in 2018 was around 4.8%. In 2006, it was around 6%. But with today’s super-inflated home prices? Here are the signs.
By Wolf Richter for WOLF STREET.
The average weekly contract interest rate for 30-year…
Rough Day in the Bond Market: Treasury Yields Spike, 30-Year Fixed Mortgage Rate Nears 4%. Where’s…
Fed’s coming tightening cycle sinks in, amid still brutally negative “real” yields, as bonds’ purchasing power gets eaten up by inflation.
By Wolf Richter for WOLF STREET.
Bond fireworks lit up the sky on Friday, following the…
Number of homes for sale hits record low
As if it wasn’t hard enough to buy a home in the Bay Area, right now it’s hard to even find a home to buy.
The number of houses for sale in December sank to historic lows, dropping 22% in San Francisco and the East Bay and 32% in the…