Equifax (EFX) says mortgage industry volumes ran below expectations after the 30-year rate rose ~30bps since April to about 6.6%
Equifax's commentary on mortgage industry volumes suggests weakness in housing activity as higher rates increasingly deter potential buyers.
Two tankers carrying Saudi oil have reportedly made u-turns in the Red Sea following the Houthi threats, according to data
DR Horton (DHI) plans to reduce Q4 home starts from Q3's 23,900; continuing to adjust starts and inventory by market as affordability constraints and cautious consumer sentiment pressure demand
Equifax (EFX) says mortgage industry volumes ran below expectations after the 30-year rate rose ~30bps since April to about 6.6%
Citizens Financial Group (CFG) files to sell USD 400mln in notes
Philly Fed Nonmanufacturing Business Outlook Survey (July 2026): Regional General Activity: 7.4 (prev. -25.8)
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With the 30-year mortgage rate up about 30 basis points, this could reflect broader pressure on economic growth and consumer sentiment, potentially impacting sectors tied to real estate and borrowing.
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