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Rental home investors poised to benefit as mortgage rates, high home prices sideline buyers in 2025
American Homes 4 Rent and Invitation Homes are two big real estate investment trusts poised to benefit from the trend, say analysts at Mizuho Securities USA and Raymond James &...
The average rate on a 30-year mortgage in the US slips to 6.78%
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb. The rate slipped to 6.78% from 6.79% last week, mortgage buyer Freddie...
U.S. home sales give way as prices enter unprecedented territory
Sales of previously occupied U.S. homes slowed for the fourth consecutive month as climbing mortgage rates and record high prices discouraged house hunters.
Stocks climb back after steep slide on Fed, Ukraine jitters
Stocks finished a volatile day slightly higher on Monday after reversing a steep slide caused by uncertainty over inflation-fighting measures from the Federal Reserve and the possibility of conflict between...
Trump plan for new media venture gets investors’ thumbs up
Some investors aren鈥檛 waiting to see if former President Donald Trump鈥檚 plans for a media company to challenge the likes of Facebook, Twitter and even Disney can actually become reality...
Elon Musk says Tesla will move HQ from California to Texas
Tesla will relocate its headquarters from Palo Alto, California, to Austin, Texas, though the electric car maker will keep expanding its manufacturing capacity in the Golden State, CEO Elon Musk...
Coinbase soars in market debut, valued near $100 billion
Coinbase made a rousing debut on Wall Street, with the digital currency exchange鈥檚 first trade of $381 giving it a market value of $100 billion.
S&P 500 ends at another record high as tumultuous 2020 ends
Wall Street closed out a tumultuous year for stocks with more record highs Thursday, a fitting coda to the market’s stunning comeback from its historic plunge in the early weeks...
Dow crests 30,000 points on vaccine hopes, Biden transition
The Dow Jones Industrial Average traded above 30,000 points for the first time Tuesday as investors were encouraged by the latest progress on developing coronavirus vaccines and news that the...
S&P 500 closes at a record, erasing last of pandemic losses
Wall Street clawed back the last of the historic, frenzied losses unleashed by the new coronavirus, as the S&P 500 closed at an all-time high Tuesday.