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In his speech in Dallas, Powell said it wouldn’t be a surprise to see slow progress on the inflation front moving into 2025, with further upward movement possible. “Core measures of goods and services inflation, excluding housing, fell…
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Rocket Cos. reported a $481 million net loss in the third quarter, driven by a massive decline in the valuation of mortgage servicing rights. The stark figure comes after profits of $178 million and $114.9 million in the recent…
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Demand remains strong despite overall housing market cooldown An undersupply of housing has left the US millions of homes short of what’s required, with construction financing for builders and developers now in strong demand because of…
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