Mortgage applications increased 1% from last week but this was still a 10% decrease from the same period last year.
Homeowners have now reached $10 trillion in home equity, and home loan delinquencies dropped by 2.3% year-over-year from November 2020.
The US GDP drastically increased in the fourth quarter of 2021, growing by 6.9%, despite the forecasts.
The financial services giant Visa and TaaS company Uber have announced their partnership for the Grants for Growth program on January 10.
Despite the uncertainty posed by the new coronavirus variant, the US economy ended 2021 on a high with rising consumer spending and falling unemployment.
Housing prices have been rising steadily throughout the pandemic in what many analysts dubbed the new housing bubble.
Recent tornadoes led to a preliminary estimate of $5 billion in insured losses after tearing through six states in the Midwest and South.
The third quarter in 2021 has spiked 20.92% compared to the same period last year.
