Real Estate Stocks Fall As Mortgage Rates Rise To 4-Month Highs: 'Inflation Is Proving Tougher To Bring Down'

Real estate stocks slid at Wednesday's market open, weighed down by the latest disappointing data on housing starts and a spike in mortgage rates, darkening the outlook for the sector.By 9:00 a.m. EST

BenzingaApr 17 23:23

US 30-year Mortgage Rate Rises to a Four-month High of 7.13%

US MORTGAGE rates climbed to a four-month high last week, potentially signalling a bumpier recovery for the residential real estate market.

Business TimesApr 17 19:33

US Single-family Housing Starts Plunge in March

FAMILY homebuilding tumbled in March after hefty gains in the prior month, and while demand for housing remains strong, a resurgence in mortgage rates is pushing potential buyers to the sidelines.

Business TimesApr 16 20:55

Top 3 Real Estate Stocks That Could Lead To Your Biggest Gains This Quarter

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go

BenzingaApr 16 19:46

Existing home sales in the US are expected to decline in March due to rising mortgage interest rates

With mortgage interest rates rising, this spring's home buying season didn't go as expected.

Zhitong FinanceApr 16 08:20

Opendoor Technologies(OPEN.US) Officer Sells US$11,707 in Common Stock

$Opendoor Technologies(OPEN.US)$ Officer Meyer Megan D. sold 4,808 shares of common stock on Apr 11, 2024 at an average price of $2.4349 for a total value of $11,707.Source: Announcement What is state

Futu NewsApr 16 07:33