Homebuilder confidence hits highest level since July as mortgage rates soften

While mortgage rates have mostly been on the rise this year, the average rate on the 30-year fixed mortgage fell to 6.74% last week from 6.88% the week prior, according to Freddie Mac. Read More

U.S. homebuilder confidence holds steady in April

U.S. homebuilder confidence held steady in April at the highest since last July, snapping four months of gains with uncertainty about interest rates keeping potential home buyers hesitant, data ... Read More

Why mortgage rates may not be as high as you think

The recent rise in inflation brought mortgage ... news is that rates could be getting lower soon, but probably not to pandemic-era levels. "We expect that interest rates will settle in the high 5s ... Read More

Current mortgage rates 2024

If you’re only looking to own your home for a short time or conventional mortgage interest rates are high, then an ARM may be a good option. However, ARMs aren’t right for everyone. Read More

Good news for 401(K)s! Stocks hit record-high after Federal Reserve keeps interest rates steady AGAIN - but promises multiple cuts later in the year

The Fed held its benchmark rate at its current high between 5.25 and 5.5 percent Any cuts later this year would be the first since rates began ... that gives us higher confidence that inflation ... Read More

Current 30-year mortgage rates

In general, an ARM could be a decent choice if you only plan to stay in your home for a few years, or you’re comfortable with the risk of possible rate increases when mortgage rates fluctuate. Read More

World News

The Treasury secretary, Janet Yellen, said that new sanctions could be announced within days and would likely focus on limiting Iran’s oil exports. American officials sought to reassure the U.K ... Read More

Reform support hits record high

Reform UK has hit a new record high in poll support ... s activists to “keep spreading the word” as he welcomed the news. You can follow the latest updates below and join the conversation ... Read More

Pakistan Benchmark Share Index Hits Record High, IMF Cheer Continues

Pakistan Benchmark Share Index Hits ... high of 67,093.96 touched on Dec. 13, before settling at 67,142.12 - a record closing high. "Foreign and local institutions buying amid positive news ... Read More

Iran’s currency hits a record low

Today, it's worth about one-twentieth as much as it was in 2015, when Iran signed a nuclear accord with world ... high-risk political activism amid a fierce crackdown on dissent. The rial's record ... Read More

Homebuilder confidence hits highest level since July as mortgage rates soften

Homebuilders are more confident about the housing market amid softening mortgage rates and limited supply. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI ... Read More