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A for sale sign is posted near a home in Philadelphia, Wednesday, Jan. 4, 2023. (AP Photo/Matt Rourke)
Business

US banks lost money on mortgages for first time on record

Asher Notheis -
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A customer exits Silicon Valley Bank's headquarters in Santa Clara, Calif., on Monday, March 13, 2023. The federal government intervened Sunday to secure funds for depositors to withdraw from Silicon Valley Bank after the bank's collapse. Dozens of individuals waited in line outside the bank to withdraw funds.
Business

There is one hidden danger hanging over banks

Sarah Bedford -
0
In this May 21, 2014 photo, a sign sits in front of a new home for sale in West Des Moines, Iowa. The Commerce Department reports on sales of new homes in April on Friday, May 23, 2014.
News

New home sales grew slightly in February as mortgage rates cooled

Zach Halaschak -
0
Home sale signs are posted along Topanga Canyon road in Los Angeles, on Thursday, Oct. 19, 2023. Sales of previously occupied U.S. homes in September fell for the fourth month in a row, grinding to their slowest pace in more than a decade as prospective homebuyers grapple with surging mortgage rates and a near historic-low level of properties on the market.
News

Home prices see first year-over-year decline since 2012: Redfin

Zach Halaschak -
0
A
Business

Mortgage purchase applications fall to lowest level since 1995

Zach Halaschak -
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New townhouses are seen in Wood-Ridge, N.J., Monday, Feb. 26, 2018.
News

Existing-home sales down nearly 37% from a year ago

Zach Halaschak -
0
Home sale signs are posted along Topanga Canyon road in Los Angeles, on Thursday, Oct. 19, 2023. Sales of previously occupied U.S. homes in September fell for the fourth month in a row, grinding to their slowest pace in more than a decade as prospective homebuyers grapple with surging mortgage rates and a near historic-low level of properties on the market.
News

New home sales unexpectedly rise in December as mortgage rates soften

Zach Halaschak -
0
FILE - In this Oct. 18, 2010 file photo, an Amazon.com package is prepared for shipment by a United Parcel Service (UPS) driver in Palo Alto, Calif. States could force Internet retailers to collect sales taxes under a bill that the Senate advanced on Wednesday. (AP Photo/Paul Sakuma, File)

Mortgage demand rises 7% as rates fall in sign of life for housing

Zach Halaschak -
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FILE - In this Wednesday, Sept. 18, 2013, file photo, a
Business

Experts see housing prices dropping as high mortgage rates hit demand

Zach Halaschak -
0
FILE - In this Oct. 18, 2010 file photo, an Amazon.com package is prepared for shipment by a United Parcel Service (UPS) driver in Palo Alto, Calif. States could force Internet retailers to collect sales taxes under a bill that the Senate advanced on Wednesday. (AP Photo/Paul Sakuma, File)
Business

Consumer sentiment on housing falls to record low as Fed hikes rates

Zach Halaschak -
0
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