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Nonilex
@Nonilex@masto.ai  ·  activity timestamp 8 hours ago

“Investors” accounted for 30.2% of home purchases in 2025, nearly double their share at the start of the #pandemic, according to data from Cotality. A report from Realtor.com found the change wasn’t because of a surge of investor activity, but rather a pullback from traditional buyers who could no longer afford today’s prices.

#WealthDivide #inequity #economy #affordability #CostOfLiving #housing #Trump #trumpcession #recession

Nonilex
@Nonilex@masto.ai replied  ·  activity timestamp 8 hours ago

Higher #MortgageRates could widen that gap even further, making it harder for many households; wealthier buyers & investors are more likely to pay in cash.

The geopolitical tensions driving #energy prices higher are also complicating the outlook for #InterestRates. Expectations that the #FederalReserve might begin cutting rates have faded as #markets worry #inflation could stay higher for longer than anticipated.

#WealthDivide #inequity #economy #affordability #CostOfLiving #housing #Trump

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Nonilex
@Nonilex@masto.ai  ·  activity timestamp 8 hours ago

#MortgageRates Rise as #Iran #War Ripples Through #FinancialMarkets

#Mortgage are climbing again as new #inflation concerns have roiled financial #markets.

The average 30-year fixed-rate mortgage rate in the #US rose to 6.11%, the mortgage-financing giant Freddie Mac said Thursday, the second week in a row that rates have risen.

#economy #affordability #CostOfLiving #Trump #trumpcession #recession
https://www.nytimes.com/2026/03/12/business/mortgage-rates-rise-above-6-percent.html?smid=nytcore-ios-share

https://www.nytimes.com

Mortgage Rates Rise as Iran War Ripples Through Financial Markets

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Ken Everett (Ken's Blogspot)
@kensbookinfo@mastodon.social  ·  activity timestamp 2 days ago

#Trump Says #Iran War Will End Soon as #Markets React
https://kensbookinfo.blogspot.com/p/world-capitals.html#Rabat

Rising laptop prices likely to further boost #MacBook
https://kensbookinfo.blogspot.com/p/infotech.html#28

#Mother’s Day gift ideas
https://kensbookinfo.blogspot.com/p/ireland.html#TheIrishNews

#Nvidia Is Reportedly Developing Its Own Answer to OpenClaw
https://kensbookinfo.blogspot.com/p/etc-varied.html#6

#Azerbaijani parliamentarians hold meetings in #Riga
https://kensbookinfo.blogspot.com/p/world-capitals.html#Baku

#Earthquake of magnitude 43 strikes #China
https://kensbookinfo.blogspot.com/p/business.html#13

Business

Ireland

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Ken Everett (Ken's Blogspot)
@kensbookinfo@mastodon.social  ·  activity timestamp 2 days ago

#Trump Says #Iran War Will End Soon as #Markets React
https://kensbookinfo.blogspot.com/p/world-capitals.html#Rabat

Rising laptop prices likely to further boost #MacBook
https://kensbookinfo.blogspot.com/p/infotech.html#28

#Mother’s Day gift ideas
https://kensbookinfo.blogspot.com/p/ireland.html#TheIrishNews

#Nvidia Is Reportedly Developing Its Own Answer to OpenClaw
https://kensbookinfo.blogspot.com/p/etc-varied.html#6

#Azerbaijani parliamentarians hold meetings in #Riga
https://kensbookinfo.blogspot.com/p/world-capitals.html#Baku

#Earthquake of magnitude 43 strikes #China
https://kensbookinfo.blogspot.com/p/business.html#13

Business

Ireland

World Capitals

Various

IT

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