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January homebuilder sentiment improves, following mortgage rate drop

A home is constructed at a housing development on June 21, 2023 in Lemont, Illinois.Scott Olson | Getty ImagesHomebuilder sentiment improved in January, jumping 7 points to 44 on the National Association of Home Builders monthly index. Anything below 50 is still considered negative, but the index has now moved 10 points higher in the last two months.Sentiment is now at the highest level since September.The increase coincides with a big drop in mortgage interest rates from around 8% in mid-October to the 6% range in…

Recent immigrants saw biggest spike in mental distress as anti-immigrant sentiment increased, find researchers

Credit: Pixabay/CC0 Public Domain Anti-immigrant rhetoric and policies are widely known to have harmful impacts on mental health, but a new policy brief from the UCLA Center for Health Policy Research has revealed large disparities in rates of serious psychological distress across immigrant subgroups in California. Serious psychological distress was

Homebuilder sentiment drops to lowest point in a year

High mortgage rates continue to weigh on the nation's homebuilders, leading to an increase in price cuts to lure buyers. But builders are cautiously optimistic about recent signs that interest rates may move lower soon.Homebuilder sentiment fell six points to 34 in November on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Anything below 50 is considered negative. Analysts had expected the number to come in unchanged from October."The rise in interest rates since the end of August has…

Homebuilder sentiment rises in July, but high mortgage rates hurt

Builder sentiment in the market for single-family homes rose 1 point in July to 56, according to the National Association of Home Builders/Wells Fargo Housing Market Index.It marks the seventh straight month of gains and the highest level since June 2022. A reading above 50 is considered positive sentiment.Builders say low supply in the resale market is driving demand for new construction, but higher mortgage rates and supply-side challenges continue to put pressure on the market."Although builders continue to remain…

Bearish Sentiment Will Continue in Q3?

Bitcoin, the king of all cryptocurrencies is facing a downturn as the price dropped below US$26k After a disastrous 2022, this year was supposed to be the year of recovery for the crypto market. The combined market cap of all tokens rose above US$1 trillion for the first time in almost a year and the entire sector was pumping, entering a decisive bullish phase. However, some experts claim that the crypto market rally is over. Especially after Bitcoin failed to reach the US$30k mark. Bitcoin, often referred to as the…

Dip Buying Sentiment Slides as Bitcoin Drops to Long-Term Support, Here’s Why Investors are Moving to Shiba Inu (SHIB) and HedgeUp…

Last week, on-chain analytics provider, Sentiment, concluded that dip buying sentiment is falling after observing some trends in the buying habits of Bitcoin traders. This comes at a time when Bitcoin prices have fallen after a rally that saw the cryptocurrency break the $30,000 mark.  In other news, investors seem to be moving towards the crypto project HedgeUp (HDUP). This was revealed after they were seen buying the project’s presale. Shiba Inu (SHIB) has also started attracting more investors than it has been able to…

Traders Interested In Tradecurve (TCRV) Presale As Algorand (ALGO) And Monero (XMR) Struggle With Bearish Sentiment

Algorand (ALGO) and Monero (XMR) may have once enjoyed tremendous gains, but those days are long gone, as they are both showing bearish charts. As this downtrend is predicted to continue, more investors have shifted their focus to Tradecurve (TCRV) – a revolutionary project currently in its presale run with projected gains of up to 5,900%. Today we will compare how this crypto project will soon fare against these well-established tokens. Let’s begin! >>BUY TCRV TOKENS NOW<< Can Tradecurve Overthrow Binanace…

Homebuilder sentiment in May pulls out of negative territory

Homebuilders are getting a big boost from the lack of existing homes for sale, and that appears to be outweighing some of the challenges they're facing from financial markets.Builder confidence in the market for newly built single-family homes rose 5 points in May to 50, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). It's the fifth straight month of gains and the first reading of builder sentiment since July that wasn't negative, which would be a reading below 50.…

HedgeUp (HDUP) Mirrors The Success of Binance (BNB) and Shiba Inu (SHIB), Outperforming Market Sentiment

In the vibrant sphere of cryptocurrencies, some tokens seem to encapsulate the essence of success, delivering performances that leave market watchers astounded. HedgeUp (HDUP), an emerging DeFi project, is shaping up to be one such token, mirroring the success of industry giants like Binance (BNB) and Shiba Inu (SHIB), and outperforming market sentiment along the way. >> Buy HedgeUp Now << HedgeUp (HDUP) – A Rising Phenomenon HedgeUp (HDUP) has been making waves with its consistent performance and promising…