Mortgage Rates Move Higher Despite Decent Inflation Reading
Mortgage rates are based on bonds and bonds don’t like inflation. When inflation reports are higher than the market expected,…
Author: finzexpert.com
Trump’s latest tariff salvo fuels economic uncertainty, experts say
A flurry of tariff threats by President Trump leaves U.S. consumers and businesses in limbo ahead of an Aug. 1…
Alibaba-backed Moonshot releases Kimi K2 AI rivaling ChatGPT, Claude
An AI sign at the MWC Shanghai tech show on June 19, 2025. Bloomberg | Bloomberg | Getty Images BEIJING…
Big Jump in Mortgage Demand, But Rates Are Already Rising Again
Mortgage application activity bounced higher last week following a drop in rates to the lowest levels in 3 months. The…
Highest Mortgage Rates of The Week, Just Barely
Yesterday, we characterized the prevailing mortgage rate momentum as “broadly sideways,” and while that’s still very true in the bigger…
Trump threatens 35% tariffs against Canada
President Trump on Thursday threatened to impose 35% tariffs on goods from Canada starting next month, hiking import duties on…
Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates, split…
New Home Sales Drop to Lower End of Range After Hitting The Highs Last Month
New Home Sales fell sharply in May according to the latest report from the U.S. Census Bureau and HUD. After…
Mortgage Rates Continue Higher For Third Straight Day
For the entire 2nd half of June, it was easy to be spoiled by the absence of volatility in mortgage…
Kevin Hassett says ahead of tariff deadline, “rough outlines of the deals are becoming clear”
Washington — White House National Economic Council director Kevin Hassett said Sunday that “rough outlines of the deals are becoming…