Author: super@dmin
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Economic Report: Home-buying sentiment hits all-time low, as mortgage rates surpass 7%, Fannie Mae says
The Fannie Mae Home Purchase Sentiment Index has fallen for the eighth month in a row.
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MarketWatch First Take: What would Meta layoffs mean for Zuckerberg’s bold metaverse plan?
If Meta’s Reality Labs segment emerges unscathed from layoffs, the pressure to deliver on metaverse hype will increase.
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The Conversation: Guns at voting sites have long sparked fears of intimidation and violence—yet few states ban their presence
Early American lawmakers well understood that public gun-carrying, by its very nature, was intimidating.
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Need to Know: Here’s how much China stocks still could rally from zero-COVID depths, according to Goldman strategists
Our call of the day from Goldman who sees stocks in the world’s second-biggest economy ready to rally.
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: Polls heading into midterms on Tuesday have some analysts talking about a ‘60-vote supermajority’ for Republicans after 2024
Another sign of growing Republican momentum with the midterm elections just days away: talk of the GOP possibly controlling 60 seats in the Senate in 2024.
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The Ratings Game: Will Apple’s latest production issues destroy demand?
Production issues tend to prompt questions about whether demand will be ‘destroyed,’ or whether orders will be simply pushed out.
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The Wall Street Journal: China leaders mull COVID reopening steps, but no timeframe specific, moves to come slowly
They are proceeding cautiously despite the deepening impact of the Covid policies, the people said, pointing to a long path to anything approaching pre-pandemic levels of activity, with the timeline stretching to sometime near the end of next year.
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: ‘There’s no doubt the housing market received a significant shock’: U.K. house prices fall further
U.K. house prices fell at its fastest rate in October since February last year, as the mini budget in September caused mortgage rates to soar.
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NerdWallet: A home buying tactic from the ’70s and ’80s is seeing a revival—here’s how it works and what buyers and sellers get out of it
The temporary buydown is making a comeback as home buyers look for ways to whittle down their mortgage rates. So how do you buy down a mortgage rate?
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NerdWallet: Are eggs cheaper yet? Is the plan to stop inflation working? How long can we hang on? Here’s where things stand.
Here’s an explainer on where the Fed is attempting to steer the economy, where we currently stand and what you can do meanwhile.