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XHB Sep 2024 63.000 put

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  • Yahoo Finance Video

    Stocks rebound, housing market tips: Market Domination Overtime

    In today's episode of Market Domination Overtime, hosts Josh Lipton and Julie Hyman dive into the most prominent dynamics leading stocks and the US housing market. US equities (^DJI, ^IXIC, ^GSPC) are in focus as the major indexes rebound following a bad day for Big Tech stocks. Paul Hickey of Bespoke Investment Group joins to discuss the "rubber band" dynamic being created within markets. Mortgage rates are on a decline, potentially opening the door for new homebuyers. Zillow senior economist Orphe Divounguy joins to discuss everything buyers need to know from housing affordability to the best markets to shop in. This post was written by Angel Smith

  • Yahoo Finance Video

    Potential homebuyers due to see some relief in home prices

    As mortgage rates begin to see some easing and housing inventory begins to recover, there may be some hope on the horizon for potential homebuyers. Zillow senior economist Orphe Divounguy joins Market Domination Overtime to give insight into the housing market, what potential homebuyers need to know, and the more affordable housing markets in the US. Divounguy elaborates on some of the good news: "We have a low 4.1% unemployment rate. The loosening in the labor market came from a big increase in labor supply as opposed to layoffs. Potential home buyers are basically seeing mortgage rates easing, and that could be helpful for the housing market going forward. You take that and you combine that with the fact that we have more inventory than we had a year ago, and those are positive signs ahead". For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino

  • Yahoo Finance

    New home sales plummet to 6-month low amid high mortgage rates

    New home sales hit a six-month low as high mortgage rates continued to weigh on buyers.