'Bond King' Bill Gross warns mortgage rate surge will hammer homebuilding
None Soaring mortgage rates could be bad news for the economy, Bill Gross tells Insider. • None Steeper borrowing costs will curb home construction, a leading…
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None Soaring mortgage rates could be bad news for the economy, Bill Gross tells Insider. • None Steeper borrowing costs will curb home construction, a leading…
None It's time to start worrying about a recession in the US, according to Jeff Gundlach. • None Soaring bond yields signal that a downturn is coming, the…
None Stocks are coming off a brutal two-month stretch, and Wall Street is divided on what comes next. • None Fundstrat remains bullish, while JPMorgan has…
None Nearly 16% of home sale deals in August were canceled, the highest rate since last October, Redfin reported. • None Soaring mortgage rates, which climbed…
None Homeowners' equity is the highest it's been in 25 years, which could provide a cushion as consumer savings dwindle. • None Wells Fargo economists say…