When rates rose at the end of 2024, buyers pulled back. Pending home sales, which refer to the number of contracts signed to purchase a home, fell 5.5% in December. It was the first drop in five ...

As inflation stays higher than hoped and the Federal Reserve looks less likely to lower its benchmark rate, mortgage rates aren’t likely to move much this month. “The Fed has short-term interest rates ...

Bill Ackman built a net worth of $9.3 billion by spotting promising opportunities. The hedge fund manager doesn't usually reveal the opportunities he likes to the public. However, he recently made an ...