OPEC+ left oil traders with a cliffhanger over the weekend, signaling its next move is undecided after a series of bumper production increases came to a close
Alex Morgan explains https://t.co/gA9K2o5w35
.@FHFA has authorized the extension of government-sponsored enterprise appraisal waiver eligibility to purchase mortgages with higher loan-to-value ratios in 2025.
By @bcynic https://t.co/9ZZLeha39O
Bill Ackman is highlighting the opportunity to scoop up shares of the Federal National Mortgage Association, known as Fannie Mae, and its rival Freddie Mac on the cheap before the US government unwinds its massive stakes in the companies https://t.co/I8sPD0cDAK
2025 is off to a rough start for housing.
Mortgage purchase apps are down:
-14% from same week last year
-19% from 2023
-54% from 2022
-59% from 2021
-52% from 2020
I'm guessing the nationwide Arctic weather and other weather events depressed demand even further.
Nevertheless, affordability is a huge problem right now.
It was another supercharged year in 2024 for the ultraluxury market, where buyers are so wealthy that interest rates or market fluctuations have little impact. 🔗https://t.co/avFWuqjzgR
“If we wanted a normal house, I would have designed it myself.” One couple built a boomerang-shaped house that scratched their itch for something special and different. https://t.co/zww449cTeZ
The era of 5% cash returns is ending early for some investors, as banks call back high-yielding CDs before they mature as rates begin to fall https://t.co/ruI7OmNHq3 https://t.co/ruI7OmNHq3
Breaking: Inflation cooled to 2.9% in July. The report likely seals the case for the Federal Reserve to begin cutting rates at its next meeting. https://t.co/sIHvPlpMRg https://t.co/sIHvPlpMRg
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