Mortgage rates fall to the lowest level since May 2023, and refinances surge 16%
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Mortgage applications rose 6.9% in the last week, the Mortgage Bankers Association said.
The 30-year mortgage rate is averaging 6.09%, Freddie Mac said in its latest weekly survey on Thursday.
“As frequent bond issuers, big tech loves lower rates.”
Bank stocks moved up on Thursday as they added to gains from the previous session on the heels of the...
Gold glitters, while investors face recession jitters.
Airline said it is responding to growing demand for “premium” perks.
United States Steel Corp.’s stock rose 2.2% early Thursday after the company updated third-quarter guidance and said it’s still confident...