New Home Sales Are Up, But Fewer People Are Looking For New Homes
Two new housing data reports find an increasing volume of new home sales and a drop in the number of people seeking out these properties.
Dow Jumps 150 Points; Ocean Bio-Chem Shares Spike Higher
U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining around 150 points on Wednesday.
Housing Beat: Mortgage Rates Up Again, Homes With High Fire Risks Sell For More
This week in the housing market, mortgage rates resumed their upward movement, mortgage applications continued their downward movement and industry experts weighed in on the arrival of the next recession.
12 Stocks Moved By Traders On ‘Fast Money: Halftime Report’
CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.
Housing Beat: Mortgage Rates Flatten As Sun Belt Sees New Boom In Home Building
This week in the housing market, mortgage rates were mostly flat, mortgage application volume was down and the Sun Belt is shining with new single-family home construction.
Housing Beat: Mortgage Rates Dip, Home Sales Flatten, Reverse Mortgages Get New Cred
The latest news from the housing industry finds mortgage rates dipping slightly while home sales decelerate and reverse mortgages gain greater attention.
90 Biggest Movers From Yesterday
Gainers
Allena Pharmaceuticals, Inc. (NASDAQ: ALNA) surged 70.5% to close at $0.1330 on Thursday after declining 9% on Wednesday. Allena Pharmaceuticals recently reported a $2.8 million registered direct offering.
Housing Beat: Mortgage Rates Keep Climbing As Inventory Levels Slowly Expand
More homebuyers were taking out mortgages despite climbing rates while the tight housing inventory is showing signs of improving. Nonetheless, many homebuyers are not optimistic about the housing market’s near future.
DA Davidson Maintains Neutral on Redfin, Lowers Price Target to $13.5
DA Davidson analyst Tom White maintains Redfin (NASDAQ:RDFN) with a Neutral and lowers the price target from $50 to $13.5.
Expert Ratings for Redfin
Analysts have provided the following ratings for Redfin (NASDAQ:RDFN) within the last quarter: