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Americans face 3 major takeaways after mortgage rate news

Americans face 3 major takeaways after mortgage rate news

The 30-year fixed mortgage rate is 6.69% as of Aug. 6, according to Freddie Mac data. This is a 0.03% increase from the previous week. The 15-year fixed rate is actually down 0.03% to 6.01%. But it's still over the 6% benchmark. On Feb. 26 — two days before the U.S. and Israel attacked Iran — the ...
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Mortgage Applications Decline as Rates Reach One-Year High, Impacting Housing Demand

Mortgage Applications Decline as Rates Reach One-Year High, Impacting Housing Demand

Mortgage Applications Decline as Rates Reach One-Year High, Impacting Housing Demand
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U.S. Mortgage Rates Climb to Highest Level in Over a Year Amid Inflation Concerns

U.S. Mortgage Rates Climb to Highest Level in Over a Year Amid Inflation Concerns

U.S. Mortgage Rates Climb to Highest Level in Over a Year Amid Inflation Concerns
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Fed's Musalem says central bank should have hiked rates at last meeting

Fed's Musalem says central bank should have hiked rates at last meeting

By Michael S. Derby Aug 6 (Reuters) - Federal Reserve Bank of St. Louis President Alberto Musalem on Thursday added his voice to the chorus of central bankers who believed the central bank should have raised its interest rate target last week.
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Trading Day: Pause before jobs

Trading Day: Pause before jobs

By Jamie McGeever ORLANDO, Florida, Aug 6 (Reuters) - The S&P 500 and Dow on Thursday pulled back from the previous day's record highs, pausing their strong earnings-driven start to the month, while Treasury yields and the dollar rose as investors turned their attention to U.S. employment data on
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Mortgage Rates Reach Highest Levels in Over a Year Amid Economic Concerns

Mortgage Rates Reach Highest Levels in Over a Year Amid Economic Concerns

Mortgage Rates Reach Highest Levels in Over a Year Amid Economic Concerns
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Alphabet Returns to Bond Market Amid AI Spending Concerns

Alphabet Returns to Bond Market Amid AI Spending Concerns

Alphabet Returns to Bond Market Amid AI Spending Concerns
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Analysis-US stock market could ride earnings strength to more gains after S&P 500 hits record

Analysis-US stock market could ride earnings strength to more gains after S&P 500 hits record

By Lewis Krauskopf NEW YORK, Aug 5 (Reuters) - As the U.S. stock market soars to fresh record highs this week, investors say a powerful corporate profit engine, a reset in high-flying AI shares and still-reasonable valuations can further fuel the rally.
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Wall Street rallies, Dow closes at record on Iran talks optimism

Wall Street rallies, Dow closes at record on Iran talks optimism

By Chuck Mikolajczak and Johann M Cherian NEW YORK, Aug 3 (Reuters) - U.S. stocks kicked off August on a strong note to send the Dow Industrials to a closing record high, as signs of de-escalating U.S.-Iran tensions pulled down oil prices and Treasury yields in a busy week for earnings and economic
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Federal Reserve Faces Decision on September Rate Hike Amid Economic Uncertainty

Federal Reserve Faces Decision on September Rate Hike Amid Economic Uncertainty

Federal Reserve Faces Decision on September Rate Hike Amid Economic Uncertainty
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Moody’s drops blunt warning on the economy

Moody’s drops blunt warning on the economy

Investors came into the Fed’s July 28–29 meeting, looking to clarify whether interest rate cuts were moving closer or slipping further away. On July 29, the Fed held its benchmark rate at 3.50%-3.75%, even though three officials favored a quarter-point hike, but the real surprise wasn’t the ...
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Mortgage Rates Remain Mixed as 30-Year Fixed Rate Reaches 6.65%

Mortgage Rates Remain Mixed as 30-Year Fixed Rate Reaches 6.65%

Mortgage Rates Remain Mixed as 30-Year Fixed Rate Reaches 6.65%