ExlService Holdings, Inc. (EXLS) ExlService Holdings, Inc. is a leading provider of data analytics and digital operations solutions. The company helps businesses enhance decision-making, streamline operations, and achieve transformative growth through its cutting-edge analytics and technology platforms. Chart Sanmina Corporation (SANM) Sanmina Corporation specializes in electronics manufacturing services, offering comprehensive supply chain solutions. With expertise […]
Read MoreFannie Mae (FNMA) Fannie Mae provides liquidity and stability to the U.S. housing market by purchasing mortgages from lenders, enabling them to offer more loans. The company plays a critical role in financing affordable housing and supporting the mortgage industry. Chart Sana Biotechnology, Inc. (SANA) Sana Biotechnology, Inc. is a biotech company focused on developing […]
Read MoreFeatured Content The U.S. mortgage and housing market in September 2024 remains challenging for many, with elevated mortgage rates and a continued shortage of available homes. Although rates have slightly decreased from their peak in 2023, they still sit at around 6.5%, which discourages many potential buyers from entering the market. The Federal Reserve has […]
Read MoreFeatured Content The U.S. mortgage and housing market has been a topic of intense scrutiny in recent months as rising interest rates, inflation, and fluctuating demand have reshaped the landscape. For stock investors, understanding the current state of this market is crucial, as it impacts not only real estate investments but also broader economic trends […]
Read MoreUnited Therapeutics Corporation (UTHR) United Therapeutics Corporation, a biotechnology company, engages in the development and commercialization of products to address the unmet medical needs of patients with chronic and life-threatening diseases in the United States and internationally. Corbus Pharmaceuticals Holdings, Inc. (CRBP) Corbus Pharmaceuticals Holdings, Inc., a biopharmaceutical company, develops products to defeat serious illness. GeneDx Holdings […]
Read MoreDream Finders Homes Inc (DFH) is a homebuilding company that designs, builds, and sells single-family homes, townhomes, and condominiums. The company operates in various regions across the United States, including the Southeast, Mid-Atlantic, and Midwest regions. DFH caters to a wide range of homebuyers, from first-time buyers to luxury home seekers, by offering a variety […]
Read MoreSkyline Champion Corporation (SKY) Skyline Champion Corporation produces and sells factory-built housing in North America. Ulta Beauty, Inc. (ULTA) Ulta Beauty, Inc. operate specialty retail stores selling cosmetics, fragrance, haircare and skincare products, and related accessories and services in the United States. Banco Santander, S.A. (SAN) Banco Santander, S.A. provides various retail and commercial banking […]
Read More(Bloomberg) — US mortgage rates retreated sharply for a second week, hitting a two-month low and providing a bit of traction for the beleaguered housing market. The contract rate on a 30-year fixed mortgage decreased 23 basis points to 6.67% in the week ended Nov. 18, according to Mortgage Bankers Association data released Wednesday. Rates […]
Read More(Bloomberg) — The Federal Reserve suggested on Friday that lofty home prices could be susceptible to steep declines after big run-ups in recent years on the back of ultra-low interest rates. “With valuations at high levels, house prices could be particularly sensitive to shocks,” the Fed said in its semiannual Financial Stability Report released Friday. […]
Read MoreFILE – This is a home in Mount Lebanon, Pa., under contract, Oct. 17, 2022. Sales of previously occupied U.S. homes fell in September for the eighth month in a row, though the decline was the most modest yet since the housing market began to cool amid sharply higher mortgage rates. (AP Photo/Gene J. Puskar, […]
Read More(Bloomberg) — The US housing market took a turn in July. A national measure of prices rose 15.8% year-over-year, the S&P CoreLogic Case-Shiller index showed Tuesday. That was the smallest gain since April 2021, and the slowdown from the 18.1% jump in June was the largest deceleration in the history of the index, according to […]
Read More(Bloomberg) — John Paulson became a billionaire after his hedge fund effectively shorted more than $25 billion of mortgage securities at the dawn of the global financial crisis. Most Read from Bloomberg As he sizes up yet another frothy housing market some 15 years later, the founder of Paulson & Co. says another downturn in […]
Read More(Bloomberg) — Federal Reserve Chair Jerome Powell warned that the US housing market is likely to suffer a reversal in the wake of policy makers’ interest-rate hikes. “We’ve had a time of a red-hot housing market all over the country,” Powell said in a press conference after the Fed’s policy decision on Wednesday, in which […]
Read More(Bloomberg) — The US mortgage industry is seeing its first lenders go out of business after a sudden spike in lending rates, and the wave of failures that’s coming could be the worst since the housing bubble burst about 15 years ago. There’s no systemic meltdown coming this time around, because there hasn’t been the […]
Read MoreIn a rising interest rate environment, with housing demand and loan applications starting to show signs to decline, companies that are closely tied to the health of the housing market tend to be especially sensitive. That includes industries like Wood Products. Housing-related industries proved to be surprising areas of strength in the economy in 2020 […]
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