Services PMI ® In June, the Services PMI ® registered 50.8 percent, a 0.9-percentage point increase compared to the May reading of 49.9 percent. A reading above 50 percent indicates the services ...

Current mortgage rates are up, but lower than they were seven days ago and in early 2025, when the average 30-year fixed-rate ...

“Unless an immediate deal is reached to remove most U.S.-Canada tariffs, we expect the housing slump will extend through the ...

The British government's U-turn on its proposed welfare reform now means finance minister Rachel Reeves is at risk of busting ...

BlackRock Debt Strategies Fund offers a high yield, but its distribution is unsustainable due to declining income from ...

Macroeconomic conditions seem challenging for Rocket Companies; however, signs of improving macroeconomic conditions are ...

Issuance for the week of June 30 is estimated at $2.495 billion, with $2.039 billion of negotiated deals and $456.3 million ...

Experian reports high mortgage rates continue to suppress home sales, with fewer than 4 million homes sold in 2024, the ...

Two months ago, existing home sales reached the highest levels in a year according to the National Association of Realtors.

Unfortunately, central bankers can‘t wave a magic wand and make price inflation disappear while the same central bankers also ...

The average rate on a 30-year U.S. mortgage fell to its lowest level since early May, an encouraging trend for prospective ...