Mortgage applications fell in late February to a 28-year low, according to the Mortgage Bankers Association. But some of the country’s largest homebuilders are undeterred. after a downturn in the second half of 2022. Before the Bell spoke with O’Reilly about Howard Hughes Corp\n \n . and his outlook for the market. This interview has been edited for clarity. Recent data point to doom and gloom for the housing market.
Jobs, Powell and Biden: What investors are watching this week ▸ It’s all about the labor market this week as a slew of jobs data for February is set to be released. Last month’s massive surprise — 517,000 jobs were added to the US economy when economists were expecting 185,000 — sent the stock market reeling. Investors are hoping that numbers fall back down to earth to help cool the economy and inflation along with it.
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