Mortgage demand drops to lowest level in 22 years

Mortgage demand drops to lowest level in 22 years

The pain in the mortgage market is only getting worse as higher interest rates and inflation hammer American consumers. Mortgage demand fell more than 6% last week compared with the previous week, hitting the lowest level since 2000, according to the Mortgage Bankers Association’s seasonally adjusted index. Applications for a mortgage to purchase a home

Manufacturing construction hits ‘record level’ as supply chains return to U.S: Economist

Manufacturing construction hits ‘record level’ as supply chains return to U.S: Economist

Dodge Construction Network Chief Economist Richard Branch joins Yahoo Finance Live to discuss manufacturing construction activity levels in the U.S. and global supply chains. Video Transcript JARED BLIKRE: Welcome back. More American companies are moving their manufacturing facilities back to the US. And that’s while supply chain woes and strict COVID-19 lockdowns in China are

Mortgage demand falls to lowest level since 2018, even as interest rates ease

Mortgage demand falls to lowest level since 2018, even as interest rates ease

A single family home is shown for sale in Encinitas, California. Mike Blake | Reuters Mortgage demand slipped to the lowest level since December 2018, even after rates declined slightly last week. Applications for a mortgage to purchase a home fell 1% last week compared with the previous week, according to the Mortgage Bankers Association’s

Mortgage demand falls to the lowest level in 22 years

Mortgage demand falls to the lowest level in 22 years

Mortgage rates are back on the upswing, after a brief decline in May, and the housing market is still suffering from a lack of listings. As a result, mortgage demand continues to drop. Total mortgage application volume fell 6.5% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.

How Video Games Can Level Up Kids’ Money Skills | Business

How Video Games Can Level Up Kids’ Money Skills | Business

Getty Images Kimberly Palmer Every few days, my 8-year-old son, Neal, asks if he can “earn something” on Roblox, a popular online video game platform. That’s his way of suggesting I buy him Robux, the platform’s currency, in exchange for him doing a chore or extra academic assignment. While I usually decline these requests, his

Financial services to stay open amid level 3 alert

Financial services to stay open amid level 3 alert

NO IN-PERSON FILING: Tax offices in the north would only offer other services, and scheduled shareholders’ meetings would implement virus curbs, authorities said By Kao Shih-ching / Staff reporter Banks, insurers and brokerages in Taipei and New Taipei City are to open as normal tomorrow, the Financial Supervisory Commission said on Saturday. All financial service