“Top news” generally refers to the most important and significant stories of the day, week, or month, as determined by journalists, editors, or news outlets. Top news stories often cover a range of topics, including politics, economics, social issues, health, and entertainment, among others.
Top news stories are usually reported by reputable news organizations, such as major newspapers, news networks, and news websites, and are often featured prominently on their front pages or homepages.
US inflation has cooled to its slowest pace since May 2021, casting doubt on further Fed interest-rate hikes. Annual gains in the Consumer Price Index declined to 4.9% in April, according to data released Wednesday. […]
The interest rate on a standard 30-year mortgage would jump as high as 8.4% if the U.S. defaults on its debts this summer, raising housing costs for new buyers by 22%, according to a new analysis by […]
Trouble in the commercial real estate sector — including office buildings across the country that stand largely unoccupied — is a possible risk to the U.S. financial system, according to the Federal Reserve’s latest Financial Stability report released on […]
Today’s high inflation has triggered aggressive moves from the Federal Reserve, which has many economists worried that we’re headed toward a recession. These concerns also come at a time when home prices are steep and mortgage rates are rising, causing […]
US inflation was slightly weaker than forecast in April, in a positive sign that the Federal Reserve’s cycle of interest rate rises is bringing price rises under control. Consumer price inflation dipped to an annual […]
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased last week to 6.48% from 6.50% Applications to refinance a home loan jumped 10% last week, compared with […]
Gil Borok, Colliers U.S. CEO, joins ‘Squawk on the Street’ to discuss Borok’s viewpoint on the ability to finance for commercial properties, if there’s any impact on commercial real estate from the bank failures and […]
Commercial real estate lending more than halved last quarter compared to the prior year. The MBA attributed the drop to a “logjam” of uncertainty that’s freezing the market. Demand for office and apartment buildings has […]
(Reuters) – The Dollar edged higher against a basket of its peers on Monday, shaking off earlier weakness as traders moved past an unsurprising loans survey toward other economic data that could provide fresh clues […]
(Reuters) – A real estate developer has filed a $1.1 billion legal malpractice lawsuit against New York law firm Herrick Feinstein, alleging that the firm bungled his case and that one of its attorneys lied to two […]
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