🔼 7.579% (+0.081) 30-Year Fixed Rate Conforming Mortgage Index

September 29, 2023

The average 30-Year fixed rate conforming mortgage index went up from 7.498% (September 28th, 2023) to 7.579% on September 28th,...

What is the reason behind Thursday’s market movements as stocks bounce back while the dollar and Treasury yields retreat, and Bitcoin prepares for its most robust session in this month?

The markets are experiencing a rebound after a period of high volatility, thanks to the decrease in Treasury yields and...

🔼 7.31% (+0.12) Average 30-Year Fixed Rate Mortgage

The average 30-Year fixed rate mortgage went up from 7.19% (September 21st, 2023) to 7.31% on September 28th, 2023. A...

🔼 6.72% (+0.18) Average 15-Year Fixed Rate Mortgage

The average 15-Year fixed rate mortgage went up from 6.54% (September 21st, 2023) to 6.72% on September 28th, 2023. A...

The US economy expands by 2.1% in the second quarter while lower-than-anticipated initial claims signify a competitive job market.

Thursday's economic data included significant highlights: the U.S. economy had a 2.1% annualized growth rate in Q2, and jobless claims...

🔼 7.498% (+0.027) 30-Year Fixed Rate Conforming Mortgage Index

The average 30-Year fixed rate conforming mortgage index went up from 7.471% (September 27th, 2023) to 7.498% on September 27th,...

What is the driving force behind the markets on Wednesday as US stocks face difficulties due to the hawkish stance of the Federal Reserve, while oil prices and Treasury yields continue to rise?

Wall Street experienced another day of declines on Wednesday, indicating a bearish trend. The main factors contributing to the negative...

🔼 7.471% (+0.078) 30-Year Fixed Rate Conforming Mortgage Index

The average 30-Year fixed rate conforming mortgage index went up from 7.393% (September 26th, 2023) to 7.471% on September 26th,...

With time running out to avoid a shutdown, McCarthy feels the pressure while Treasury yields reflect market anxiety.

As the deadline of October 1 approaches to avoid a government shutdown, the U.S. government is grappling with political brinkmanship...

What is causing the markets to tumble and the VIX to spike as investor unease about high interest rates increases on Tuesday?

American stocks are experiencing significant declines during midday trading in New York, reflecting a negative trend seen in September historically....

Marc Alexander