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US Pending Home Sales Rebound Off Record Lows, Despite Rising Mortgage Rates
US Pending Home Sales Rebound Off Record Lows, Despite Rising Mortgage Rates
After rising in February, US Pending Home Sales were expected to continue to improve in March (+0.5% MoM) but - despite apparently rising mortgage rates - sales rose 1.5% MoM (even with February revised up to +2.5% MoM). This dragged pending home sales up to +1.8% YoY (to the highest level since Nov 2024)...
Source: Bloomberg
...extending its bounce off record lows...
Source: Bloomberg
“Contract signings rose in March despite higher mortgage rates, pointing to pent-up housing demand,” NAR Chief Economist Lawrence...
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President Donald Trump paused the operation to assist commercial ships through the Strait of Hormuz just hours after it was announced because key Gulf allies withdrew their support. According to two US officials speaking with NBC News, Saudi Arabia informed the US that it could not use its military bases or airspace for the operation […]
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Finland Flourishes As Freedom Flounders In The 'Land Of The Free'
Finland Flourishes As Freedom Flounders In The 'Land Of The Free'
Global freedom declined for the 20th consecutive year in 2025, according to Freedom House. More than 50 countries saw political rights and civil liberties deteriorate, including the United States.
This graphic, via Visual Capitalist's Gabriel Cohen, ranks the world’s most and least free countries using Freedom House’s 2026 Freedom in the World report, which evaluates political rights and civil liberties across 195 countries and territories.
Finland topped the rankings with a perfect score of 100, followed by New Zealand, Norway, and Sweden at...
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