Tag: decline
Economic Report: Mortgage rates surge to 6.94%, a 20-year high, leading to steep decline in home sales
The 30-year mortgage rate is averaging at 6.94%, Freddie Mac said in its latest weekly survey on Thursday.
REITs continue to decline in value in Q3, but analysts positive on outlook
The PC market decline hasn’t hit monitors quite yet, as demand grows in Q2 2022
Rising cost of living sees decline in popularity of Sunday roast dinner
The rising cost of living has claimed an unlikely culinary victim – the Sunday roast dinner.
The Ratings Game: Videogame sales heading for decline in U.S., but one analyst sees a 2023 rebound
Videogames are heading for a U.S. sales decline in 2022, but a looming recession and new releases could turbocharge a rebound in 2023, according to one analyst.
: ‘Some companies are closing their doors, others are shutting down divisions’: Rocket CEO outlines plans to navigate the dramatic decline in mortgages
Rocket, which owns Rocket Mortgage, Rocket Money, and more, is planning to diversify its approach to reach more consumers, on top of offering discounts to lower monthly payments.
: Home values in August saw their largest monthly decline since 2011. Some cities see house prices drop by 3%.
Home values are still up nearly 44% from August 2019 before the pandemic.
: U.S. economy loses billions of dollars a year due to the sharp decline in refugee admissions, economist says
For each missing refugee, it costs the ongoing GDP $30,962 per year, according to an Oxford Review of Economic Policy paper.