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US Home Builder Sentiment Edges Up but Remains Weak

U.S. home builder sentiment unexpectedly improved in August, rising one point to 35 from 34 in July, according to the National Association of Home Builders/Wells Fargo Housing Market Index. The reading beat economists’ expectations...

Mortgage Rates Surge to August High Amid Oil-Driven Inflation Fears

U.S. mortgage rates climbed sharply last week, reaching their highest level since August as escalating oil prices—linked to the ongoing conflict involving the United States, Israel, and Iran—intensified inflation concerns. According to the Mortgage...