Mortgage rates were only modestly higher on Friday, but because of the narrow prevailing range and previous increases this week, that brings us right in line with 2-month highs. Bonds (which dictate rates) began the day with promise. There was heavy buying (good for rates) in the 7am hour. This coincided with stocks challenging their […]
Rates Rise on Friday, Now Near 2-Month Highs Read More »
Wednesday’s mortgage rates were the highest in roughly a month and very close to the highest levels in 2 months. This followed stronger economic data on that same morning. Rates moved back down yesterday after separate econ data told a different story. Now on Friday, it’s a mixed bag. The underlying bond market was slightly
Mortgage Rates Rise Gently, But Still Well Below This Week’s Highs Read More »
A common recent refrain is that the bond market (which dictates interest rates) is having to make do without many of the most important regularly-scheduled economic reports due to the government shutdown. While this means rates must “fly blind” on many of the days that would normally coincide with these government economic reports, there are
Mortgage Rates Near 2-Month Highs After Today’s Econ Data Read More »
The average top tier 30yr fixed mortgage rate was technically 0.01% higher than yesterday, but that’s the smallest possible detected move. It’s just as fair to say rates held steady today. While it’s always nice to avoid a more serious rate spike on any given day, by holding flat, rates are remaining in line with
Mortgage Rates Hold Steady Near Recent Highs Read More »
Delta Air Lines Stock Falls as US Orders Carrier to Dissolve Joint Venture With Aeromexico 32 minutes ago Shares of Delta Air Lines (DAL) were down more than 2% in late-morning trading after the Trump administration ordered the carrier to end its joint venture with Aeromexico. The Department of Transportation finalized an order, beginning Jan.
The red-hot nuclear energy stock is up a staggering 330% in 2025. With investor sentiment around nuclear energy gathering momentum by the day, Oklo (OKLO 13.28%) has become unstoppable. The nuclear energy stock surged 11.9% today to all-time highs of $92.48 per share, as of 1 p.m. ET Monday. Oklo stock has risen a jaw-dropping
Why Oklo Stock Skyrocketed Over 11% to All-Time Highs Today Read More »
This little-known company is leveraging AI to provide solutions to its customers. Shares of little-known company Ibex (IBEX 34.80%) went parabolic today, shooting 41.1% higher in early-morning trading. The stock was still trading around 33% up at 1:15 p.m. ET Friday. Ibex is a business process outsourcing company, providing a wide array of services such
Why Ibex Stock Surged 41% to All-Time Highs Today (Hint: It’s Artificial Intelligence) Read More »
Asian shares ride Fed easing hopes to record highs
Asian shares ride Fed easing hopes to record highs Read More »
The Biggest S&P 500 Movers on Thursday 50 minutes ago Advancers: Shares of Warner Bros. Discovery (WBD) skyrocketed 29%, outpacing all other S&P 500 constituents, following a report that fellow media giant Paramount Skydance (PSKY) was exploring a takeover bid. According to The Wall Street Journal, the deal is backed by the family of Paramount Skydance
After navigating rough seas, it’s been smooth sailing for Carnival. Carnival (CCL -0.67%) was once sailing in very choppy waters. The company was facing a lot of uncertainty when the COVID-19 pandemic hit. However, it has been nothing but a smooth trip in recent times. This cruise stock is winning back the confidence of investors
Is Carnival Stock on Track to Return to Pre-COVID Highs? Read More »