Follow Me On Twitter Tweets by LorenzoBatarilo DR Horton Earnings https://investor.drhorton.com/financial-information/financial-reports/current-quarterly-results Yardeni Research https://www.yardeni.com/pub/mortgageapprate.pdf Bill McBride Substack https://calculatedrisk.substack.com It’s the spring buying season, and in years past this was the perfect time to look for a dream home. But today for the 3rd year in a row that dream has turned into a nightmare. We
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The Federal Reserve Bank building Kevin Lamarque | Reuters The Federal Reserve raised the target federal funds rate by another 0.25 percentage points on Wednesday. This marks the 10th time the Fed has raised its benchmark interest rate over the past year or so, the fastest pace of tightening since the early 1980s.  Even though the Fed’s rate-hiking
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Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023.  Nathan Howard | Bloomberg | Getty Images Mortgage demand from homebuyers has been erratic to say the least during the usually busy spring housing market. That is likely because today’s buyers are hypersensitive to mortgage rates, which have been fluctuating widely week to week but
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Three billionaire moguls — Citadel’s Ken Griffin, Vornado’s Steven Roth and Rudin Management’s William Rudin — are putting their megabucks into the Big Apple’s future. The trio formed a joint-venture partnership that will give Citadel room to grow in the city and bring an iconic new office skyscraper to Midtown Park Avenue — despite forecasts that work-from-home
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