The Latest Breaking News from Housing Market

Shares of Rocket Companies Inc (NYSE:RKT) are rising Wednesday afternoon after the Federal Reserve announced a quarter-point cut to its benchmark interest rate, bringing it to a range of 4.00% to 4.25%. This marks the fourth consecutive rate cut, signaling a more accommodating monetary policy that could boost the housing…

Investors, traders and speculators appear to be on hold amid an unusually fraught Fed meeting.

IN FULL

‘The entire housing market is controlled by a few extremely powerful companies’ presenter said

Mortgage rates are dropping at their fastest pace in nearly a year which could give a much needed boost to the frozen housing market— as well as stocks tied to home loan servicers, builders and home retailers. 

Moody’s own leading economic indicator that uses machine learning has estimated the odds of a recession in the next 12 months are now at 48%.

COMMENT: A new mortgage for first-time buyers with a deposit that hasn’t been handed to them on a plate will do more than just help young people get on to the property ladder, says James Moore

John Lewis Partnership today posted a half-year loss after highlighting the impact of higher National Insurance costs.

Concerns over the wider economic and fiscal outlook and interest rates were affecting sentiment, the Royal Institution of Chartered Surveyors said.

Wealthy buyers are expanding their housing horizons.

The housing market is becoming more buyer-friendly after years of sharply rising prices