Market News At A Glance

Marketwatch

Jobless claims fall to lowest level since mid-May

Jobless claims stay low in latest week

Consumer credit growth soars in December

CNBC Real Estate

Homebuyer affordability slipped for fifth straight month, real estate index shows
With both home prices and mortgage rates climbing since earlier this year, affording a home has become harder, according to a housing affordability index.

Here's why the housing market is hurting so much this summer
Mortgage rates are high, home prices at record levels, and consumers stressed — all contributing to a drop in existing home sales and builder sentiment.

Mortgage rates rise to highest level in nearly a year, causing homebuyers to pause
Mortgage rates moved higher last week, causing buyers to pull back, but refinancing did see small gains.

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