The U.S. housing market has been hurt by volatile mortgage rates, but a severe shortage of available homes is the most critical obstacle for would-be buyers, Zillow CEO Jeremy Wacksman said.
Family who owns Purdue Pharma could pay up to $7.4 billion in latest settlement of lawsuits over the toll of OxyContin.
The 30-year fixed rate averaged just under 7% this week, according to Freddie Mac, but some economists are already revising their 2025 forecasts upward.
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