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US retail sales fall in May as tariff anxiety continues to distort spending patterns
US retail sales fell in May, the biggest decline since March 2023, after consumers pulled back from a spate of previous stockpiling this year. Retail sales comprised $715.4 billion, a decrease of 0.9% in April, and well below what economists estimated.
With the latest decline, the average mortgage rate is now back to where it was in mid-May, reflecting a recent pullback in ...
U.S. homebuilder sentiment has dropped unexpectedly to its lowest in two and a half years, as high mortgage rates and tariffs ...
New home purchase mortgage applications fell 4.5% year-over-year in May, with estimated sales down 12.1% from April, the MBA ...
7don MSN
The average rate on a 30-year U.S. mortgage fell modestly for the second straight week, but home borrowing costs remain ...
The number of international buyers looking to invest in a home in the U.S. fell in the first quarter of the year as tariffs ...
US stock markets are due to reopen on Friday afternoon following Thursday’s closure, but the investing outlook is still ...
14don MSN
The average rate on a 30-year mortgage in the U.S. fell this week for the first time in a month, but borrowing costs for homebuyers remain elevated.
The company posted a decrease in net sales to $81.5m in Q1 FY25 from $91.8m in Q1 FY24. The decline was largely attributed to ...
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