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Average long-term US mortgage rate snaps five-week string of increases, but remains above 7%
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Dow closes at record high above 40,000 to cinch a five-week winning streak
The Dow Jones Industrial Average closed Friday above the key 40,000 level for the first time in history, a day after hitting that benchmark in the previous trading session.NBC News - Top stories -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
China to cut mortgage rates as part of plan to prop up property market
Local authorities will be allowed to turn unsold homes from developers into affordable housing. China will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures ...The Guardian - World - China -
The Dow closed above 40000 for the first time, a day after eclipsing the mark on an intraday basis. For the week, the Dow, S&P 500 and Nasdaq rose 1.2%, 1.5% and 2.1%, respectively, and all remain at or near records hit during the week.
The Dow closed above 40000 for the first time, a day after eclipsing the mark on an intraday basis. For the week, the Dow, S&P 500 and Nasdaq rose 1.2%, 1.5% and 2.1%, respectively, and all remain at or near records hit during the week.The Wall Street Journal - World -
Mortgage rates fall to the lowest level in a month, but ‘home buyers are still feeling the pressure’ from high home prices
The 30-year mortgage rate is averaging at 7.02% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business -
Will a mortgage scupper your retirement?
City watchdog predicts more over-65s will have outstanding home loans in the futureFinancial Times - World - Mortgage -
OpenAI’s Long-Term AI Risk Team Has Disbanded
The entire OpenAI team focused on the existential dangers of AI has either resigned or been absorbed into other research groups, WIRED has confirmed.Wired - Tech -
7 decades since Brown v. Board of Education, how diverse are US schools?
It has been 70 years since Brown v. Board of Education, but an ABC data analysis shows that racial demographics still vary significantly in the U.S. education system.ABC News - Top stories -
'I will be paying my mortgage until I’m 68'
With more young homebuyers opting for ultra-long mortgages, we hear from people about their personal experiences.BBC News - Top stories -
Bader, Taylor spark 4-run first inning, Díaz not used, Mets beat Marlins 7-3 to avoid series sweep
Harrison Bader and Tyrone Taylor each drove in two runs in a four-run first inning, and the New York Mets beat the Miami Marlins 7-3 for just their second win in seven gamesABC News - Sports - MLB
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