US Housing Market Cools As Down Payments Shrink
The typical down payment made by American homebuyers fell by roughly 1 percent year-over-year in April, according to a new report by Redfin. It was the first decline in nearly two years, since June 2023. How Much Do Americans Spend on Down Payments? The typical U.S. homebuyer currently puts 15 percent down, a little less […]
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Trump’s ‘Big, Beautiful Bill’ Could Trigger Bond Market ‘Crisis’
The Republican reconciliation bill that narrowly passed the House on Thursday promises to add to the U.S.’s swelling deficit, which one economist warns could raise borrowing costs and wreak havoc on the economy at large. “The biggest fault of the bill that has passed the House is its total disregard of the very dangerous fiscal […]
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Trump Eyes 50% Tariffs, Says ‘Bond Market Got the Yips’: Live Updates
By Amanda M. Castro is a Newsweek Live Blog Editor based in New York. Her focus is reporting on U.S. politics, breaking news, consumer topics, and entertainment. She specializes in delivering in-depth news and live blog reporting and has experience covering U.S. presidential debates, awards shows, and more. Amanda joined Newsweek in 2024 […]
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Stock Market Has Worst Week In 5 Years Amid Trump’s Tariff War
By Gabe Whisnant is a Breaking News Editor at Newsweek based in North Carolina. Prior to joining Newsweek in 2023, he directed daily publications in North and South Carolina. As an executive editor, Gabe led award-winning coverage of Charleston church shooter Dylan Roof’s capture in 2015, along with coverage of the Alex Murdaugh double murder […]
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Florida Condo Market In ‘Uncharted Territory’
Condo prices are plummeting across Florida as homeowners flood the market with new inventory in a last-ditch attempt to escape rising fees on their units, according to new Redfin data. Eight out of the 10 U.S. metropolitan areas with the highest share of condos sold below their original list price in February were in the […]
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Donald Trump Gets Bad News From Americans About Housing Market
Americans might be losing confidence in President Donald Trump‘s impact on the housing market as the majority of households prepare for rent and mortgage rate hikes. A new report from the Federal Reserve Bank of New York found that households expect 30-year mortgage rates to increase to a median of 7 percent a year from […]
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How a Government Shutdown Could Impact Housing Market
Congress has until the end of the week to fund the government and avoid a federal shutdown, which experts warn could damage the already struggling housing market. Why It Matters Republicans have a razor-thin majority in Congress and need near-unanimous backing to pass a short-term funding bill, which Democrats strongly oppose. They have until the […]
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Is the Housing Market Going to Crash in 2025? Forecast For the Rest of the Year
As we progress through 2025, mortgage rates and inflation have many questioning the stability of the U.S. housing market. Current analyses suggest a modest growth trajectory, alleviating fears of an impending crash. Why It Matters The current housing market is marked by high mortgage rates, rising home prices and inflation, making it challenging for buyers […]
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Orioles Star Free Agent’s Market Heating Up As Free Agency Begins
Share ✓ Link copied to clipboard! The Baltimore Orioles have built a majority of their roster through the MLB Draft and their prospects’ ensuing development. And the Orioles have built quite a powerhouse roster this way. This offseason, the Orioles need to step away from their mold a little bit, or else they’re going to […]
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Tesla Hits $1-Trillion Market Cap Amid Stock Rally After Trump Win
Tesla marked a historic milestone as its market capitalization surged past the $1-trillion mark, driven by an extraordinary rally following Donald Trump‘s victory in the presidential election. This surge in stock value, part of a broader post-election market rally, suggests investor optimism around potential benefits for Tesla and its CEO Elon Musk, who was an […]
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