March 30, 2025 - 05:54
For homebuilders, the start of the spring selling season is proving to be bumpy amid high mortgage rates and tariff uncertainty. The housing market, which typically sees a surge in activity during spring, is facing significant headwinds that are dampening buyer enthusiasm. With mortgage rates remaining elevated, potential homebuyers are cautious, leading to a slowdown in sales.
The uncertainty surrounding tariffs is also contributing to the challenges faced by builders. Increased costs for materials due to tariffs have raised concerns about profit margins and the overall affordability of new homes. As a result, many builders are reassessing their strategies in response to the evolving market conditions.
Industry experts suggest that while there may be some pent-up demand, the combination of high borrowing costs and economic uncertainty is likely to result in a subdued spring season. Homebuilders are now focusing on innovative solutions and pricing strategies to navigate this challenging landscape and attract buyers.
August 1, 2025 - 22:13
Supreme Court Decision Affects Car Finance Compensation for MillionsIn a significant ruling, the Supreme Court has partially upheld an appeal from lenders, impacting the potential compensation for millions of motorists who sought payouts related to car finance...
August 1, 2025 - 05:37
Implications of Recent Court Ruling on Car Finance for MotoristsA recent court ruling is set to have significant repercussions for the car finance industry, potentially affecting millions of motorists. The case has raised critical questions about the fairness...
July 31, 2025 - 23:49
Hercules Capital Reveals Financial Performance for Q2 2025SAN MATEO, Calif., July 31, 2025—Hercules Capital, Inc. has announced its financial results for the second quarter ending June 30, 2025. As a prominent provider of specialty financing to...
July 31, 2025 - 00:31
Opportunity Finance Network Enhances Leadership Team with New ExpertiseOpportunity Finance Network (OFN) has announced a significant expansion of its senior leadership team, aimed at bolstering its commitment to community development financial institutions (CDFIs)....