Higher Interest Rates Hit Home Prices Again

  • 📰 WSJ
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

U.S. existing-home prices posted their biggest year-over-year decline in more than 11 years last month as rising interest rates continued to weigh on the housing market

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law.

For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.U.S. existing home prices fell in May from a year earlier by the most in more than 11 yearsMedian home-sale prices fell the most in May from a year earlier in Austin, Texas, down 15.1%..Continue reading your article with

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK inflation stops falling, raising the chances of much higher interest rates | CNN BusinessUK inflation unexpectedly stayed stuck at 8.7% in May, making it more likely the Bank of England will continue raising interest rates, potentially taking them to a level not seen in more than two decades.
Source: cnni - 🏆 326. / 59 Read more »

Personal loan interest rates rise for 3- and 5-year loan termsThe latest trends in interest rates for personal loans from the Credible marketplace, updated twice weekly.
Source: nypost - 🏆 91. / 67 Read more »

Weekly mortgage demand was flat, even as interest rates drop for the third straight weekThe average rate on the most popular mortgage, the 30-year fixed, fell for the third straight week
Source: CNBC - 🏆 12. / 72 Read more »

WATCH LIVE: Powell faces House panel on economy and interest rates | Fox News VideoThe Federal Reserve chairman's testimony comes a week after the central bank decided not to push rates higher for the time in more than a year.
Source: FoxNews - 🏆 9. / 87 Read more »

Fed should leave interest rates unchanged for the rest of the year, Bostic saysAtlanta Fed President Raphael Bostic on Wednesday said his baseline view is that the central bank's holds interest rates steady for the rest of the year.
Source: MarketWatch - 🏆 3. / 97 Read more »

Bank of England set to raise interest rates by another 25 basis pointsThe Bank of England (BoE) is on track to deliver its 13th straight rate hike this Thursday, as it remains on a firefighting mission to tame stubbornly
Source: FXStreetNews - 🏆 14. / 72 Read more »