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Mortgage demand plunges as 30-year rate surges
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Tag: | Mortgage |
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Business - CNBC
Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August
Mortgage interest rates rose last week for the third straight week, hitting the highest level since August.1 hour ago - Mortgage -
Business - CNBC
How a rare type of mortgage is landing homebuyers a 3% rate
U.S. homebuyers are looking into mortgage assumption as a way to secure a sub-3% mortgage rate.Yesterday -
Business - CNBC
Google signs deal with nuclear company as data center power demand surges
Google is the latest tech company to turn to nuclear energy as power demand from data centers surges.22 hours ago - Google -
Business - CNBC
European Central Bank set for third interest rate cut of the year in meeting this week
Markets are eyeing two more rate cuts from the euro area's central bank this year amid a weak growth outlook and lower inflation.2 days ago -
World - The Guardian
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...Yesterday -
Business - MarketWatch
Fed’s Daly open to skipping rate cut at one of two remaining meetings this year
San Francisco Fed President Mary Daly on Tuesday said she is open to skipping an interest-rate cut at one of the Federal Reserve’s two remaining policy meetings this year.20 hours ago -
Business - MarketWatch
What’s ‘surprising’ about interest rates in the stock market’s two-year bull run
The bull market for stocks has been running for two years. Here’s what’s unusual about it, according to DataTrek Research.16 hours ago -
World - ABC News
UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut
Inflation in the U.K. has fallen to its lowest level in more than three years, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy ...4 hours ago - United Kingdom
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Business - MarketWatch
Abbott Labs beats Q3 sales and earnings expectations, raises full-year outlook
Abbott Laboratories on Wednesday reported better-than-expected third-quarter earnings and sales, boosted by strength in the company’s medical-devices business.19 minutes ago -
Business - MarketWatch
Novavax’s stock slides 16% after FDA puts clinical hold on COVID and flu vaccine candidates
Novavax Inc.’s stock tumbled 16% early Wednesday after the company said the FDA has placed a clinical hold on its COVID-19-and-flu combination and stand-alone flu vaccine candidates, following a ...23 minutes ago - Covid -
Business - MarketWatch
How money manager Meb Faber’s one-of-a-kind ETF beats the market without Nvidia and other Big Tech stocks
Cambria Investment’s Faber tells MarketWatch how he makes shareholders money by owning high-quality, dividend-paying stocks that most investors overlook.48 minutes ago -
Business - MarketWatch
Import prices fall for second straight month in September, led by drop in cost of fuel
The U.S. import price index fell 0.4% in September, the Labor Department said Wednesday. This is the second straight monthly decline due to lower fuel prices.55 minutes ago -
Business - MarketWatch
Global electricity demand to double by 2050, IEA’s World Energy Outlook says
Electricity demand is set to increase at levels equivalent to adding a new Japan to the world each year, the International Energy Agency said1 hour ago