The housing market is close to bottoming and that will help the US avoid a bad recession, Morgan Stanley says

Tech Insider : Economy
Children ride scooters past 'open house' flags displayed outside a single family home in Los Angeles, California.
Children ride scooters past 'open house' flags displayed outside a single family home in Los Angeles, California.

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Today's Mortgage and Refinance Rates: April 21, 2023 | 30-Year Rates Stay Low

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Our experts answer readers' home-buying questions and write unbiased product reviews (here's how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.

The 'unique' housing market zig zags again as existing-home sales decline amid volatile mortgage rates

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home for sale

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Home prices see largest decline since 2012 as banking crisis hits demand: 'There's this fear that everything will crash'

Tech Insider : Economy
Couple looking at residential house
Homeowners insurance ensures you're covered in the event you undergo a home-related loss.

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Real-estate agents are about to get slammed, big-time

Tech Insider : Economy
A House speeding downwards with graph arrows towards a realtor
As home sales slow down and inventory gets tighter, real-estate agents are about to find out who's in it for the long haul and who will get washed out.

Tyler Le/Insider

Many won't survive the housing crunch

It's much easier to buy a home in these 5 cities than it was last year

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flowers in front of Raleigh, North Carolina skyline
Raleigh, North Carolina, one of the places where power has shifted most to homebuyers. A typical property sat on the market for 53 days in March.

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The housing market is confusing top real-estate forecasters, and no one agrees if home prices are going to fall or climb this year

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remax sign, for sale, home for sale

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Mortgage rates drop to a 2-month low as the US job market shows signs of slowing

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A family walking by a house for sale in Chicago.

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Housing is so unaffordable that banks are losing money for each mortgage they finance for the first time ever

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housing

Robert Galbraith/ Reuters

The dollar's dominance on the world stage isn't going away. Here's why.

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Happy Friday eve, readers. I'm Phil Rosen. As a financial journalist, I'm always trying to distill complex ideas into plain language (for my own understanding as much as yours). 

As for Opening Bell, I've found it helpful to remember that the stock market operates as a zero-sum game.

Like poker or chess, one player's win means another player's loss. 

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