New applications along with refinancing for mortgages dropped from a year ago as rates continued to climb.
Share:
More In Business
Feds to Investigate Nursing Home Abuse of Antipsychotics
The federal government says it will begin a targeted crackdown on nursing homes’ abuse of antipsychotic drugs and misdiagnoses of schizophrenia in patients.
Spotify Latest to Push EU to Take Action Against Apple’s Anticompetitive Practices
Spotify became the latest tech company to call on the European Union to take action against Apple over anti-competitive practices.
Mortgage Demand Jumps, Homebuilder Sentiment Rises
Mortgage demand continues to increase as rates dip while homebuilder sentiment is also on the rise.
Amazon Cutting Workforce by 18,000 Employees
Amazon has begun cutting about 18,000 workers this week, affecting largely Amazon stores and some in the technology unit.
Microsoft Laying Off 10,000 Employees
Microsoft is laying off 10,000 employees, becoming the latest tech giant to cut its workforce.
UPS Releases Jobs and Opportunity Report
Darren Jones, President, UPS Central Plains, joins Cheddar News to discuss UPS's first-ever jobs and opportunity report while offering advice to job-seekers amid widespread layoffs and economic uncertainty.
Where Can First-Timers Buy a Home This Year?
Clare Trapasso, the executive news editor at Realtor.com, joined Cheddar News to discuss the current housing market for first-time homebuyers.
Alarm Sounds as US Could Hit Debt Ceiling on Thursday
Treasury Secretary Janet Yellen warned that the U.S. will reach its $31.4 trillion borrowing cap on Thursday.
UN Head Says 'Big Oil Peddled the Big Lie' on Climate Change
UN Secretary-General António Guterres on Wednesday called out ExxonMobil for withholding highly accurate predictions about the impact of climate change.
