Mortgage Rates, Now 6.5%, Hit Highest Level Since War Began
The average rate on a 30-year mortgage rose amid growing concerns over inflation and as the war with Iran showed no sign of ending. Read more
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China’s Housing Slump Shows Signs of Bottoming Out. We’ve Been Here Before.
Property prices in Shanghai, in particular, are rebounding, but the national market still faces an enormous overhang — 90 million empty or unfinished apartments. Read more
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Elon Musk’s SpaceX Pulls Back the Curtain on Its Finances
Mr. Musk’s rocket and satellite maker disclosed its financial performance for the first time, as it prepares to go public in what is set to be one of the largest offerings to date. Read more
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