U.S. 30-year mortgage rates surged to 6.41%, the highest since September, as Iran war-driven inflation fears push Treasury yields higher, offsetting traditional safe-haven effects and adding $115 to monthly payments for median-priced homes compared to two weeks ago.
#YonhapInfomax #MortgageRates #IranWar #InflationExpectations #TreasuryYields #LennarCorp #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=110084
US Mortgage Rates Surge to 6.41% Amid Iran War, Highest Since September
U.S. 30-year mortgage rates surged to 6.41%, the highest since September, as Iran war-driven inflation fears push Treasury yields higher, offsetting traditional safe-haven effects and adding $115 to monthly payments for median-priced homes compared to two weeks ago.
Yonhap InfomaxLennar Corp., backed by Warren Buffett’s Berkshire Hathaway, missed Q3 earnings estimates as revenue fell 8.7% year-on-year, highlighting persistent weakness in the US housing market and ongoing pressure from high interest rates.
#YonhapInfomax #LennarCorp #EarningsMiss #USHousingMarket #BerkshireHathaway #InterestRates #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=82565
Buffett-Backed Lennar Misses Earnings Estimates as US Housing Slump Persists
Lennar Corp., backed by Warren Buffett’s Berkshire Hathaway, missed Q3 earnings estimates as revenue fell 8.7% year-on-year, highlighting persistent weakness in the US housing market and ongoing pressure from high interest rates.
Yonhap Infomax