The U.S. economy gained momentum this month as companies shook the effects of the pandemic-induced decline, although yields in other parts of the world were slower, according to new research from purchasing managers. The data released Friday suggests that U.S. companies will look back on demand when they reopen from …
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Home sales grew in July, signaling how much the pandemic is adapting to where and how Americans want to live in this period of social distance and work from home. Buyers of homes that were restless in March and April when a large part of the country was under siege …
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Americans are in a hurry to buy a home right now. But should you be one of them? Sales of former homes in the U.S. rose 24.7 percent between June and July to an annual adjusted annual rate of $ 5.86 million, the National Association of Realtors reported Friday. Not …
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Although they are rising, mortgage rates remain below 3%. But a rise in house prices threatens to make buying a home unreachable for many Americans. The 30-year fixed-rate mortgage averaged 2.99% for the week ending August 20, and increased three basis points the week before, Freddie Mac FMCC, -0.67% reported …
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A red flag from the Federal Reserve has crept investors a bit, in a week that has delivered milestones for equities. Global stocks are slipping after the Fed released the minutes of its last policy meeting late on Wednesday. “In summary, the minutes described a weakened economy on an uncertain …
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