After sinking last week to their cheapest level in more than four months, rates on 30-year refinance mortgages have climbed slightly higher. A gain of 3 basis points Wednesday brings the average to 6.
After notching a 2025 low last week, 30-year mortgage rates have inched higher in a mild yo-yo pattern. Rates moved up for most loan types Wednesday.
All of this has taken a toll on U.S. stocks and the U.S. dollar (DX00), and given the advantage to financial markets in Europe and parts of Asia in particular.
But U.S. investors should understand that U.S. stocks, right now at least, may not bring the greatest rewards. The reasons for this shift aren't difficult to see. In the U.S., tariffs, trade war, ...
SAN DIEGO - The United States today not only looks ill, but dead broke. To offset the pandemic-induced“Great Cessation”, the US Federal Reserve (Fed) ...
At 60, if you have $1.2 million saved for retirement, you have more than six times as much as most of your peers, according ...
No matter your financial goals, it's important to make your money work for you. From setting a budget to paying off debt, ...
Markets will be laser focused on Federal Reserve policy and economic projections next week, looking for signs about where ...
The bond market has a bone to pick with the latest inflation data. Traders in bonds "so far shrugged off this morning’s cool PPI" and remain "more focused on the less-encouraging implications for the ...
Barclays now expects the U.S. Federal Reserve to deliver two quarter-point interest rate cuts in June and September, the Wall ...
The first few weeks of President Donald Trump's second term has focused on efforts to reshape the federal government largely through mass firings of federal workers. But he rarely mentioned them ...
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