CNBC’s Jim Cramer on Friday said falling oil prices helped revive the stock market, but warned that next week’s Federal Reserve meeting could quickly change the outlook for investors. “Thank heavens oil went down today,” the “Mad Money” host said. “It changed everything.” Stocks rebounded Friday as oil prices retreated, helping the major averages recover…
A “For Sale” sign outside of a home in Marana, Arizona, US, on Wednesday, Aug. 5, 2026. Rebecca Noble | Bloomberg | Getty Images Mortgage interest rates moved even higher last week, causing demand for loans to weaken yet again. Total mortgage application volume dropped 1% from the previous week, according to the Mortgage Bankers…
Home Depot reported a very good quarter, executing well on things it can control, despite what CFO Richard McPhail called “frozen housing conditions.” The Club stock rose modestly in Tuesday’s down market. Revenue for Home Depot’s second quarter advanced 5.7% year over year to $47.86 billion, outpacing the $47.27 billion expected by LSEG. Earnings per…
A “For Sale” sign outside a home for sale in Crockett, California, US, on Wednesday, June 17, 2026. David Paul Morris | Bloomberg | Getty Images After five weeks of gains, mortgage rates fell very slightly last week. That was enough to bring a bit of demand back to the market. Total mortgage application volume…
President Donald Trump‘s mass deportation campaign has caused the costs of groceries, homes and healthcare to rise and local economies to contract, a new report from the pro-immigration advocacy group America’s Voice. The group deems those added costs the “ICE Tax” — a reference to U.S. Immigration and Customs Enforcement — and on Wednesday released…
Prospective homebuyers eyeing a condominium may soon discover that mortgage lenders are as interested in the condo building as they are in the buyer. New condo-lending policies taking effect on Aug. 3 from Fannie Mae and Freddie Mac — government-sponsored enterprises that purchase qualifying mortgages on the secondary market — mean that some purchases could…
Asia-pacific Images Studio | E+ | Getty Images The Federal Reserve sets national interest rate policy. But the U.S. central bank isn’t the only major player in this arena: Bond investors also have a big influence on consumers’ borrowing costs. Many types of consumer loans — such as mortgages and auto loans — often peg…
A “Coming Soon” sign outside a home for sale in Hercules, California, US, on Wednesday, June 17, 2026. David Paul Morris | Bloomberg | Getty Images Mortgage rates continued their climb last week, but homebuyers trickled back into the market, perhaps taking advantage of less competition and some price cuts. That helped push total mortgage…
Workers apply roofing material to a home under construction at the Lilac Ridge community by Lennar Homes in Vacaville, California, US, on Tuesday, July 14, 2026. David Paul Morris | Bloomberg | Getty Images The cost of housing is the top political issue — ranked higher than the cost of food or protecting democracy —…
Morsa Images | Digitalvision | Getty Images Even as home price gains have slowed, buying a house doesn’t appear to be getting any easier. Homebuyer affordability slid in June for the fifth consecutive month, according to the National Association of Realtors’ latest housing affordability index. Based on the median price of a single-family house, $446,400,…
