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MarketWatch Top Stories • May 22, 2025

Home sales poised to slump even more as mortgage rates hit three-month high

Rising mortgage rates have increased borrowing costs, potentially reducing buyer demand and further slowing the already weak housing market this spring.

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MarketWatch Top Stories • May 21, 2025

Lowe’s sales fall, as customers are avoiding products that cost $500 or more

Lowe’s reported a decline in revenue influenced by reduced demand for higher-priced items amid challenging housing conditions and economic uncertainty, while maintaining its profit...

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MarketWatch Top Stories • May 19, 2025

Mortgage rates jump above 7% after Moody’s downgrade of U.S. credit

Rising borrowing costs following the credit rating reduction may lead to higher monthly payments, potentially slowing home purchases and impacting overall economic activity in the...

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