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    Trump rejects Iran proposal to reopen Strait of Hormuz▼# Trump rejects # Iran proposal to reopen the # StraitOfHormuz Trump spoke to reporters Saturday outside the White HouseMmastodonWorldLaw & Courts221 h ago

    President Trump said Saturday, speaking to reporters outside the White House, that he rejects Iran's offer to reopen the Strait of Hormuz and resume talks on its nuclear program within seven days if the United States lifts its naval blockade. The rejection keeps tensions high over one of the world's most important oil shipping routes, with energy markets and observers watching closely for Iran's next move.

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    Trump calls White House meeting with Xi Jinping 'great'●US President Donald Trump said that he and Chinese President Xi Jinping had a ‘great meeting’ after the two leaders met𝕏xCNWorldDiplomacy1.3K3 h ago

    US President Donald Trump described his meeting with Chinese President Xi Jinping as a 'great meeting' after the two leaders sat down at the White House. Speaking to reporters before boarding Marine One with Xi for a brief tour, Trump offered a positive assessment of the talks. The leaders' discussions are being closely watched for signals on trade and the broader US-China relationship.

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    Mortgage Rates Hit 7%, Raising Housing Market Questions●Mortgage Rates Hit 7%: What’s Next for the Housing Market? | WSJ News▶youtubeBusinessReal Estate151.5K59 min ago

    US mortgage rates have climbed to 7%, according to Wall Street Journal coverage examining what the increase means for homebuyers and the broader housing market. Higher borrowing costs are expected to strain affordability, cool demand, and keep pressure on both buyers and sellers as the market adjusts to the new rate environment.

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    Mortgage Rates Hit 7%, Deepening the Lock-In Effect▼As Mortgage Rates Hit 7%, the Lock-In Effect Gets Stronger✉newsBusinessReal Estate59 min ago

    US mortgage rates have reached 7%, strengthening the lock-in effect in which homeowners with cheaper existing loans refuse to sell and take on new, higher-rate mortgages. The result is fewer homes on the market, constrained supply, and persistent affordability pressure for buyers, a dynamic economists and housing analysts say is becoming more entrenched as rates stay elevated.

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    Mortgage Rates Top 7% as Housing Market Questions Grow▼Mortgage Rates Exceed 7%. Where Will the Housing Market Go?✉newsBusinessReal Estate59 min ago

    US mortgage rates have climbed above 7%, a threshold not seen in years, leaving buyers facing significantly higher monthly payments and sellers facing reduced demand. Commentators are debating whether the housing market will cool further, see prices fall, or remain tight because of low housing supply and homeowners locked into lower rates.

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    FedWatch's Ben Emons Sees 10-Year Yield Hitting 6%▼FedWatch's Ben Emons Sees 10-Year Treasury Yield Hitting 6% By January 2027 — Warns It Could Put Housing ‘In A Crunch’ And Slow The Economy✉newsBusinessEconomy59 min ago

    Ben Emons of FedWatch forecasts that the 10-year Treasury yield will reach 6% by January 2027, a level not seen in years. He warns that borrowing costs at that height would put the housing market 'in a crunch', pushing mortgage payments sharply higher and slowing the broader US economy.

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    Berkshire Hathaway Increases Stake in Homebuilder Lennar▼Berkshire Hathaway Boosts Stake in Lennar (LEN) Amid Housing Mar✉newsBusinessReal Estate59 min ago

    Berkshire Hathaway has raised its position in homebuilder Lennar, according to a report from GuruFocus, a move that comes amid ongoing fluctuations in the US housing market. The purchase has drawn attention from investors tracking Warren Buffett's conglomerate, whose stock picks are widely seen as signals, with some viewing it as a vote of confidence in homebuilders despite higher interest rates.

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    US mortgage rates climb back above 7%●Housing affordability takes another hit as mortgage rates cross 7%✉newsBusinessReal Estate9 h ago

    Average US mortgage rates have risen above 7%, dealing a fresh blow to housing affordability. The increase raises monthly payments for buyers and adds pressure to a market already strained by high home prices and limited inventory, with homeowners locked into lower rates showing little incentive to sell.

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    Rocket Companies posts record mortgage market share●Rocket Companies posts record mortgage market s...✉newsBusinessReal Estate2 h ago

    Rocket Companies has posted record mortgage market share, strengthening its position as one of the largest US home lenders. The result points to the Detroit-based company gaining ground on competitors despite a difficult housing market shaped by high interest rates. Industry observers are watching whether the lender can hold that lead as mortgage volumes remain under pressure.

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    US mortgage rates have climbed above 7% for the first time in 20 months, a milestone for homebuyers already grappling with high property prices. The rise means significantly higher monthly payments on a typical home loan, and is being closely watched as a signal of pressure on the housing market and household affordability across the United States.

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    Mortgage Rates Rise for a Third Straight Day▼Today’s Mortgage Rates, Sept. 26: Rates Rise for a Third Straight Day Affecting Borrowers✉newsBusinessReal Estate59 min ago

    US mortgage rates increased for a third consecutive day on September 26, adding pressure on borrowers. The continued climb makes home purchases and refinancing more expensive, and prospective buyers and homeowners are watching closely for signs of where rates will settle.

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    New York metro ranked fifth-hardest US market for first-time buyers▼NYC homes out of reach? Why this city ranks the 5th-hardest US metro for first-time buyers✉newsBusinessReal Estate59 min ago

    A new ranking places the New York City metropolitan area as the fifth-most-difficult US metro for first-time homebuyers. The assessment reflects the city's notoriously high purchase prices and the growing gap between local incomes and housing costs. The finding fuels ongoing debate about affordability in one of America's priciest property markets, where many aspiring buyers say ownership remains out of reach.

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    David Sacks Mocks Anthropic Amid Open-Source AI Shift●David Sacks Says Anthropic Needs 'a Psychiatrist, Not a Banker' as AI Token Market Flips to Open Source✉newsTechnologySoftware9 h ago

    David Sacks, the White House AI and crypto adviser, mocked Anthropic by saying the company needs 'a psychiatrist, not a banker,' as discussion grows that the AI token market is shifting toward open-source models. The remark comes amid intensifying competition between closed AI providers like Anthropic and rapidly improving open-source alternatives, sparking debate over the company's business strategy and market position.

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    Where homebuilder discounts are biggest and who is still buying●Where builder discounts are biggest and who is still buying✉newsBusinessReal Estate17 h ago

    New housing market analysis identifies the US regions where homebuilders are offering their steepest discounts on new homes, and profiles the buyers still active despite high mortgage rates. Coverage highlights that elevated rates and rising inventories have pushed builders to cut prices or offer incentives, while demand persists mainly among targeted buyer groups.