March Home Sales Miss: What It Means for Housing Stocks
U.S. existing home sales fell 3.6% in March—far worse than the 0.7% consensus estimate. What the miss means for homebuilder stocks, REITs, and mortgage markets.
mortgage rates
The Iran War Just Killed the Spring Housing Market
Mortgage rates have climbed back above 6.5%, buyer confidence is in freefall, and America’s usually-reliable spring selling season is quietly falling apart. The Iran conflict isn’t just an oil story anymore.