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Mortgage demand rises again even as interest rates increase

FOX Business Correspondent Madison Alworth explains how high mortgage rates and Barney & Co. home prices are delaying the American Dream for many first-time homebuyers. A key indicator of home purchase applications rose again last week, even as mortgage rates rose. Mortgage Bankers Association (MBA) Index Applying for a mortgage loan New data released on […]

America’s homelessness crisis continues to escalate, rises to record high in 2023

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UK inflation unexpectedly rises despite sharp fall in fuel prices | Inflation

UK inflation unexpectedly rose to 4.0% in December, complicating expectations that the Bank of England would start cutting interest rates. The Office for National Statistics said the annual inflation rate, as measured by the Consumer Price Index (CPI), rose from 3.9% in November, halting the recent sharp decline. Economists in the city had predicted a […]