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7/27/2022 2:34:27 PM

The number of new homes sold in a month just dropped the most in 2 years as rising mortgage rates rip into the housing market

Signs that the housing market is cooling are ramping up. The latest is a big dip in the number of new homes sold in June — the most in two years. View in browser Business Insider Business Insider
7/28/2022 2:44:27 PM

Mortgages, car loans, and credit card debt are about to get more expensive

The Federal Reserve raised interest rates by another 0.75 percentage points on Wednesday. That's set to boost borrowing costs throughout the economy. View in browser Business Insider Business