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Higher interest rates, inflation weigh down housing market - Vimarsana News

Higher interest rates, inflation weigh down housing market

Americans are facing higher interest rates and inflation, which are making the pain in the mortgage market even worse. Mortgage demand fell more than six percent last week from the previous week, [...]

Government price controls come at a cost - Vimarsana News

Government price controls come at a cost

As prices skyrocket, some liberals argue that the United States government should implement more price controls – such as President Joe Biden's "Build Back Better" plan that would [...]

Home sales plunged for the fifth month in a row in June - Vimarsana News

Home sales plunged for the fifth month in a row in June

Existing-home sales in the United States plunged for the fifth consecutive month in June by 5.4 percent, according to the latest data from the National Association of Realtors (NAR). In May, [...]

Canadian houses now selling at hefty discounts as real estate values plummet - Vimarsana News

Canadian houses now selling at hefty discounts as real estate values plummet

Homes are starting to sell at discounted prices in Canada, a trend that used to be unthinkable just a few months ago for the thriving real estate market in the country. In various parts of the [...]

LoanDepot to sack 2,000 more workers as mortgage market collapses - Vimarsana News

LoanDepot to sack 2,000 more workers as mortgage market collapses

Mortgage lender LoanDepot is set to sack another 2,000 employees by the end of the year as the company cuts back "to align with rapidly changing market conditions." The mass layoff is [...]