Matthew Speakman on what’s driving homebuyer demand

Zillow Economist Speakman explains what Zillow’s recent report on homebuyer demand tell us about the current state of the housing market.

Record low mortgage rates hold steady at 2.72%

This is the second week in a row rates have sat at the lowest recorded level in the survey’s near 50-year history.

What Yellen as Treasury Secretary would mean for housing

Experts weigh in on former Fed Chair’s possible impact on GSE reform and how she could jumpstart the economy.

Building the one-touch digital mortgage

As Katherine Campbell drives toward a one-touch mortgage, she’s taking time to share what she has learned along the way.


[Charts] Stocks surge after Trump’s first day as President-elect wraps

Quick turnaround from Tuesday night

The surprises aren’t letting up as U.S. stocks posted a dramatic turnaround from deep overnight losses, according to an article in Reuters by Noel Randewich.

Election coverage went late into the night on Tuesday, with the AP not declaring Donald Trump as the elected president of the United States until 2:30 a.m. EST.

The run-up to the news created significant turmoil in the market that more than disappeared the next day.

From the piece:

After warning for months that a Trump White House would create uncertainty and damage sentiment, investors poured money into sectors that may benefit from the former reality TV show star’s victory.

That was a steep reversal from the previous night, when financial markets reacted violently as Democrat Hillary Clinton’s path to victory disintegrated and S&P futures ESc1 dropped 5% before a trading limit kicked in.

“The stock market is acting like a teenager. It makes a lot of demands but it doesn’t know what it wants,” said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.

Check out the three charts below to see how the top stock market indices closed on Nov. 9.

Dow Jones Industrial Average

S&P 500

Nasdaq Composite Index

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please