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Odeta Kushi Sees Housing Prices Fall to $387, 400 in March

6+ hour ago  (299+ words) Housing prices for new construction fell to $387, 400 in March, the lowest level in nearly five years, as builders leaned on price cuts to keep buyers moving. The drop comes as new home sales held at a seasonally adjusted annual rate…...

El-Balad. com
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April CPI and PPI Could Top 3. 5% as Ppi Report Looms

1+ hour, 12+ min ago  (533+ words) April headline inflation is expected to top 3. 5% year over year in the ppi report week, with Tuesday's CPI and Wednesday's PPI both pointing higher. Dr Ed Yardeni wrote, "The week ahead is dominated by inflation reports, with both April headline…...

El-Balad. com
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ING Sees Bonds Pressure as Bo E Cuts "70bn Portfolio

4+ hour, 36+ min ago  (399+ words) The Bank of England is still trimming its bonds portfolio by around "70bn a year, and ING says that steady supply pressure can keep gilt yields rising. Political turmoil around Labour's leadership adds another layer of pressure, while higher yields feed…...

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Mortgage Rates Today: Zillow Says 30-Year Rate Holds at 6. 37%

3+ day, 20+ min ago  (431+ words) Mortgage rates today put the average 30-year loan at 6. 37% on May 8, 2026, with the average 30-year refinance rate at 6. 60%, according to Zillow. Borrowers weighing a purchase or refinance are still facing costs above the brief sub-6% dip seen in mid-April. 6. 37% is…...

El-Balad. com
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Dow Futures Today: Dow Falls 0. 6% as Oil Rises

5+ day, 2+ hour ago  (324+ words) Dow futures today tracked a 0. 6% drop in the Dow Jones Industrial Average as U. S. stocks retreated from record highs on Thursday and oil prices rose. The move put a fresh tax on the day's optimism, with traders shifting from the late…...

El-Balad. com
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Dow Futures Jump 1. 6% as Iran Deal Hopes Lift Nasdaq 100

6+ day, 2+ hour ago  (252+ words) Dow futures rose alongside Nasdaq 100 futures, which jumped 1. 6%, after reports that the U. S. and Iran were nearing a peace deal. Brent crude fell 9. 2 per cent to below US$100 a barrel, while bond yields also dropped sharply. The move was broad and…...

El-Balad. com
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Canada Surges to $1. 8 Billion Export Surplus in March

6+ day, 16+ hour ago  (368+ words) Canada's merchandise export balance swung to a $1. 8 billion surplus in March after a $5. 1 billion deficit in February. Crude oil and gold did the heavy lifting. For exporters, that meant a month of much stronger pricing power even as trade volumes…...

El-Balad. com
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Canada Trade Surplus March Reaches $1. 8 Billion on Export Jump

1+ week, 9+ hour ago  (317+ words) Canada trade surplus march swung to a $1. 8 billion surplus in March, the first time the balance has been in the black in six months. Exports rose 8. 5 per cent while imports fell 1. 6 per cent, pushing the monthly trade position sharply away…...

El-Balad. com
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Freddie Mac Holds Mortgage Loan Rates Today at 6. 23% on April 23

1+ week, 2+ day ago  (431+ words) Mortgage loan rates today stood at 6. 23% on April 23, according to Freddie Mac, keeping the average 30-year fixed-rate mortgage at its lowest level in the last three spring homebuying seasons. For buyers and refinancers, that leaves a narrower window than February's…...

El-Balad. com
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Powell Issues Jerome Powell Stock Market Warning on Middle East Risks

1+ week, 3+ day ago  (297+ words) Jerome Powell issued a jerome powell stock market warning last week, saying the economic outlook remains highly uncertain and that the conflict in the Middle East has added to that uncertainty. For investors, that keeps the path for inflation and…...