30-year fixed mortgage
US new home sales slump to six-month low in May
Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand.
big-ticket items
US consumer confidence retreats slightly; house prices remain elevated
The mixed survey also showed consumers’ perceived likelihood of a recession over the next 12 months retreated this month.
2022
Home Sales Drop For Third Straight Month, Prices Hit Record High
For the third straight month, sales of previously occupied U.S. homes fell in May as increasing mortgage rates and record-high prices discourage many potential homebuyers during what’s typically the housing market’s busiest period of the year.
30-year fixed mortgages
Mortgage Demand Drops To 3-Month Low As Interest Rates Increase For First Time In A Month
A key measure of home-buyer applications fell to a three-month low as mortgage rates started to rise again.
1950s
Trump Campaign Threatens To Sue Over ‘The Apprentice’ Biopic
Donald Trump’s re-election campaign has threatened to sue the makers of the film The Apprentice, calling it “pure fiction.”
Avi Weitzman
Menendez Announces Wife’s Breast Cancer Diagnosis One Day After Blaming Her For His Bribery Charges
One day after accusing his wife, Nadine Menendez, of being the reason behind his criminal bribery allegations, Senator Bob Menendez announced that she is battling breast cancer.
Abril Elfi
Lindsey Graham Says FBI Has His Phone After He Was Hacked By Chuck Schumer Impersonator
Senator Lindsey Graham has stated that the FBI currently has his phone and is investigating a scam caller who contacted him while impersonating Senate Minority Leader Chuck Schumer.
Abril Elfi
N.Y.C: Infectious Diseases From Rat Urine On The Rise
The New York Department of Health and Mental Hygiene has released a health advisory after human infections from rat urine have been on the rise.
ECONOMY
Automatic Broker Commissions Going Away For Home Buyers Under New $418M Settlement
A massive settlement has been approved for home buyers in the United States.
Alphabet
Wall Street ends down as US retail sales data crimps rate cut bets
Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.