Mortgage rates fall to 6.47%, lowest level in more than a year, as Fed cut looms

Mortgage rates fell to their lowest level in more than a year, boon to the struggling housing market. The average interest rate on a 30-year fixed-rate loan fell to 6.47% this week, down from 6.73% last week, according to a survey conducted by mortgage broker Freddie Mac. At the same time last year, the average […]
Mortgage rates fall sharply to lowest level in over a year

Erin Sykes, chief economist at Nest Seekers International, opines on “The Bottom Line” that high interest rates continue to hurt the housing market. Mortgage rates plummeted to their lowest levels in more than a year this week, boosting demand in the housing market. Freddie Mac’s latest primary mortgage market survey released Thursday showed that the […]
Mortgage rates hit lowest level in over a year: report

New data showed mortgage rates hit their lowest since April 2023 as recession fears spread to the housing market. The real estate company Redfin report The company said Thursday that mortgage rates hit a daily average of 6.34% earlier this week, citing recent weak employment data and resulting “recession fears” as the main driver for […]
Mortgage rates drop to lowest level since May 2023

Key Metrics Home purchase Applications surged last week as mortgage rates fell to their lowest levels in more than a year. Mortgage Bankers Association (MBA) Home loan application New data released Wednesday showed mortgage rates rose 6.9% in the week ending Aug. 2. At the same time, the average rate on the popular 30-year mortgage […]
Australia Raises Terror Threat Level From ‘Possible’ To ‘Probable’

Police enter the Westfield Bondi Junction shopping mall after a stabbing incident in Sydney on April 13, 2024. Australian police said they received reports of “multiple people” being stabbed at the busy shopping centre in Sydney on April 13. (Photo: David Gray/AFP) (Photo: David Gray/AFP via Getty Images) OAN Staff Avril ElfiTuesday, August 6, 2024 […]
Wall Street’s ‘Fear Index’—the VIX—Surges To Highest Level Since 2020 Pandemic Crash

Global market turmoil has pushed a key measure of expected stock market volatility to levels not seen since the peak of the pandemic and before that, the 2008 financial crisis. The CBOE Volatility Index (VIX) surged to 54 on Monday, its highest level since 2020. It closed at 23.4 on Friday, the first time it […]
Every Dem on VP List ‘Next Level’ Above Trump, Vance

MSNBC host Nicolle Wallace said on “Deadline” Monday that all of the Democrats on Vice President Kamala Harris’ running mate list are “a step above” former President Donald Trump and Sen. J.D. Vance (R-Ohio). “What I’m about to say may not be popular or it may not interest me, but everyone on this list is […]
‘Midwit’ writers of ‘The Boys’ took WOKE to new level

Amazon Prime’s The Boys has always been a “woke” show, but its latest season took the meaning of that word to a whole new level. “The Boys has been a woke show since the very first season,” Lauren Chen explains. “I realized that in the later seasons, especially in seasons three and four, the wokeness […]
Mets’ Francisco Lindor playing at MVP level at perfect time

Mets star Francisco Lindor wasn’t an All-Star this year, but if he continues to perform like this, he should be a candidate for MVP. If it were up to me, it would start today. Granted, right now the award seems likely to go to the incomparable DH Shohei Ohtani, who is once again in another […]
Take the corporate picnic (or all-day meeting) to the next level

Liven up your company lunches or annual office barbecue with fantastic corporate catering options in the Capital Region. Bland buns smothered in mayonnaise and week-old lettuce are not going to boost morale at all. More than breakfastGranola Bars‘s flagship location opened in Westport, Connecticut in 2013. Given the company’s name, it’s no surprise that the […]