"The builder stocks are highly sensitive to mortgage rates and mortgage rate expectations. Inflation expectations are higher now, which impacts long-term rates," said John Burns, CEO of John Burns ...
(Reuters) - The interest rate for the most popular U.S. home loan jumped last week to 6.73%, its highest since July, adding to headwinds for the housing market even as the Federal Reserve looks ...
Under this scheme, mortgagerates were capped at 8%, fuelling a boom in the property market. However, the surge in house sales resulted in a spike in inflation, which hit 9.1% in July. The ...
Some results have been hidden because they may be inaccessible to you