A record 60,000 home buyers backed out of deals in July. Here’s why.
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Cancellations were highest in markets where the number of homes for sale have surged, Redfin says.
The 30-year mortgage rate is averaging 6.09%, Freddie Mac said in its latest weekly survey on Thursday.
“As frequent bond issuers, big tech loves lower rates.”
Bank stocks moved up on Thursday as they added to gains from the previous session on the heels of the...
Gold glitters, while investors face recession jitters.
Airline said it is responding to growing demand for “premium” perks.
United States Steel Corp.’s stock rose 2.2% early Thursday after the company updated third-quarter guidance and said it’s still confident...