Mortgage rates fall for second straight week – CNN | CarTailz

Mortgage rates fell again this week after falling almost half a percentage point last week. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.58% in the week ended November 23, compared to 6.61% the week before. A year ago, the 30-year fixed rate was 3.10%. Mortgage rates have risen for most of 2022, spurred … Read more

House prices are finally falling. But how deep will they go? -CNN | CarTailz

The US housing market is in the midst of a major upheaval. After two years of stratospheric price increases, home prices have peaked and are on the way back down. But what homebuyers and homeowners alike want to know is: how much lower will prices go? The short answer: Prices will likely continue to fall, … Read more

A Tale of Two Labor Markets – CNN | CarTailz

A version of this story first appeared in CNN Business’s Before the Bell newsletter. Not a subscriber? You can login exactly here. You can listen to an audio version of the newsletter by clicking the same link. new York CNN business — The eagerly awaited job data from September caused the markets to cool down … Read more