Mortgage rates could fall below 5% next year, emboldening US consumers and allowing banks to 're-liquify,' Fundstrat's Tom Lee says

Tech Insider
Thomas Lee Tom Lee Fundstrat
Mortgage rates could fall as low as 4.75% next year, according to Fundstrat's head of research Tom Lee.

Brendan McDermid/Reuters

This year's housing market was the least affordable since 2013

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Home for sale
2023 was the least affordable housing market on record, Redfin said.

AP

Russia's latest headache is a housing bubble

Tech Insider : Economy, Economy
putin
Russian President Vladimir Putin.

Alexei Nikolskyi/RIA Novosti/Kremlin

You might have missed your best chance to visit Japan

Tech Insider
People visit Sensoji Temple, a popular tourist location, in Tokyo on September 7, 2023.
People visit Sensoji Temple, a popular tourist location, in Tokyo on September 7, 2023.

Philip Fong/AFP/Getty Images

Think your bank's interest rates are bad? Just take a look at Japan

Tech Insider : Economy, Economy
Customers at the Japanese banking corporation ATM machines of MUFG and Mizuho banks seen in Tokyo.
Customers at the Japanese banking corporation ATM machines of MUFG and Mizuho banks seen in Tokyo.

Budrul Chukrut/SOPA Images/LightRocket/Getty Images

Russia got richer even as the war in Ukraine raged on last year, while the West shed trillions of dollars of wealth

Tech Insider : Economy, Politics, Economy
St. Basil's Cathedral in Moscow, Russia.
The number of Russian millionaires rose by about 56,000 last year, a new report by UBS indicated.

Poca Wander/Getty Images

The housing market is in for a new 'golden age' of home construction, real estate veteran says

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golden age housing
Home builders could see a new "golden age" next year, according to one real estate veteran.

Westend61/Getty Images

Homebuyers react more to changes in mortgage rates than actual rates, Compass CEO says

Tech Insider
A row of houses on a street.
Start afresh in a brand new place.

Getty/Grace Cary

The wild attacks on ships in the Red Sea are another geopolitical shock that could drive up inflation

Tech Insider : Economy, Economy
A Cargo Ship surrounded by Houthi boats in the Red Sea
The Galaxy Leader cargo ship being escorted by Houthi boats in the Red Sea on November 20, 2023.

Houthi Military Media/Handout

The future of homebuying is here — and it's going to be a whole lot better

Tech Insider : Economy
Gave coming down on a house.
A wave of multibillion-dollar lawsuits poses a real threat to the old way of buying and selling homes. In the chaos that follows, regular buyers and sellers could come out on top.

Peter Dazeley/Getty Images; Jenny Chang-Rodriguez/BI

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