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Peacock raising its subscription rates by $3
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Mortgage Rates Continue Climbing Streak
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Fed’s Waller Hints at Jul. Dissent
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With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it could mean for mortgage rates. After years of relatively high borrowing costs, even the slightest dip could open doors for those hoping to buy or refinance. But the path forward is far from clear.
Next week, we have the ECB meeting on July 24. Although we don’t see a cut, we will be listening for hints about the path forward. JGBs continue to be under pressure. Read more
SpaceX has been moving at a breakneck pace, and rapid progress comes at a cost. Worker injury rates at its Starbase facility are almost 6x higher than the average, data reveals.
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
July 18 mortgage rates hold steady at 6.625% as builders offer discounts and incentives to attract hesitant buyers.
If Trump allies really wanted to see homes become more affordable, he would push for less monetary inflation and for lower federal deficits.
Mortgage rates moved higher for the second week in a row, according to Freddie Mac. The average rate on a 30-year loan reached 6.75%.
With June's inflation reading coming in hotter than the month prior, the Fed is under renewed pressure to maintain its current target range for the federal funds rate. Analysts now see little chance of a rate cut in the near term. That means HELOC borrowers are unlikely to see significant rate drops anytime soon.
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