Homebuilder sentiment surges amid sharp drop in mortgage rates
In “Kabuto: Coast to Coast,” Redfin CEO Glenn Kelman analyzed the state of the housing market after mortgage rates soared above 7%. Trust among builders US housing market January was the second straight month of increases as high mortgage rates continued to fall. National Association of Home Builders/Wells Fargo Housing Market Index. Single-family housing market, […]
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 […]
Army ‘Baffled’ by Sharp Decline in White Recruits in Last 5 Years
The number of white soldiers the Army will hire in 2023 has fallen by almost half over the past five years, according to the report. The dramatic decline coincided with a push by the service to increase hiring of a more diverse population, the report said. The drop in white recruits coincides with the Army […]