If you click on links we provide, we may receive compensation. The upward climb in mortgage rates continues, with the 30-year average tacking on a few more points Monday to reach 7.13%—the most ...
For now, expectations for interest rate cuts in 2025 are relatively limited. This may limit the potential for lower mortgage ...
As mentioned, mortgage rates haven't fallen in line with the Fed's rate cuts because they depend on factors beyond the agency's benchmark rate, such as the economy and 10-year Treasury bond yields.
UK government bond yields surged to their highest level in years and the pound hit a 14-month low against the dollar as ...
Demand for mortgage applications has plummeted since its pandemic peak, and not even new Fed cuts are reassuring homebuyers.
"While I'd love to say rates will drop below 6% in 2025, I think it's a moderate probability and not a certainty," says ...
The central bank cut its benchmark rate by 25 basis points to 10% in December. Minutes hint the bank will consider 50-basis-point cuts going forward. The U.S. labor market remains healthy and the ...
The Australian dollar has been under pressure after dropping below 62 US cents for the first time in more than two years.
Thursday’s rise had lifted shares in FTSE 100 heavyweights BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL), aiding the ...
The average 30-year fixed-rate mortgage rose to 6.91% in the week through Wednesday, from 6.85% as of Dec. 26, according to ...
Total mortgage application volume for the two weeks ended Dec. 27, 2024, dropped 21.9% compared with the week before that ...
Despite the sour final stretch, the benchmark S&P 500 is up around 23.8% in 2024, according to Yahoo Finance data. The tech-heavy Nasdaq Composite is up almost 30%. The Dow Jones Industrial Average ...