The 30-year fixed-rate mortgage averaged 5.66% as of Sept. 1, according to data released Thursday by Freddie Mac. That’s up 11 basis points from the previous week — one basis point is equal to one hun...
Tag: Rates
Euro Falls as Worsening Energy Shock to Test ECB on Rates
(Bloomberg) — The intensifying energy crunch in Europe is putting further pressure on the euro after Russia shut off key gas taps, signaling a cold and difficult winter ahead for businesses and ...
Surge in Real Rates Hits Every Asset on Wall Street and Beyond
(Bloomberg) — A big pandemic-era distortion in the world of finance is well and truly over — and the new normal is helping fuel the worst cross-asset selloff in decades. Most Read from Blo...
Mortgage rates tiptoe perilously close to threshold where the average family can’t afford a typical home
Mortgage rates tiptoe perilously close to threshold where the average family can’t afford a typical home U.S. mortgage rates moved higher this week amid signs that the Federal Reserve will continue to...
Bitcoin, Ethereum Funding Rates Remain Negative Amid Market Volatility
The funding rates for Bitcoin and Ethereum, the leading cryptocurrencies by market cap, remain negative for derivative traders, suggesting a potential short-term bull signal. The Federal Reserve’s re...
The housing market correction is far from over—mortgage rates spike back over 6%
This spring, the Fed dusted off the ole inflation-fighting playbook. It goes like this: The central bank applies upward pressure on long-term interest rates—including mortgage rates—through signaling ...
Compass Mining Shutting Down Georgia Facilities Due to Excessive Energy Rates
On August 31st, Compass mining, the first marketplace for Bitcoin mining equipment, lost two of its third-party hosting strategic facility locations for mining in Georgia due to rising energy prices. ...
Bitcoin Marks 9th Consecutive Month Of Sluggish Funding Rates
Bitcoin funding rates for the past two months have entered one of their worst streaks yet. During this time, there have been no positive funding rates, and the best that the market has seen has been f...
Ethereum (ETH) Funding Rates Plunge To Most Extreme Territory
The highly-anticipated Ethereum merger is one topic that all hardcore crypto aficionados are talking about. ETH currently trades below the $1.6K level Ethereum price nosedives by 1.24%...
Mortgage demand falls even further, as rates shoot back up to July highs
A real estate consultant shows a condo to a prospective buyer in Miami, Florida. Joe Raedle | Getty Images After falling back earlier this month, mortgage rates began rising sharply again to the highe...
Ever-Highest Inflation Rates Were Observed in Italy
Consumer prices have increased by 0.8 percent every month, speeding up from the 0.4 percent rise in July Bitstamp, Crypto.com, and Coinbase have received approval for their services in Italy. Accordin...
How Rising Interest Rates Could Affect These Mortgage REITs
A rising inflation rate has been a drag on the U.S. stock market for much of 2022. The Fed’s recent moves to curb inflation by raising interest rates multiple times may have kept inflation from growin...
Economist predicts a ‘whopper’ of recession in 2023 — and that’s not necessarily due to higher interest rates
Financial markets investors worry the U.S. is on the brink of an economic downturn as central bankers in Jackson Hole reaffirmed their determination to raise interest rates to bring inflation under co...
Morgan Stanley warns this corner of the credit market could be first to implode as interest rates rise
Now that Federal Reserve Chairman Jerome Powell has made it abundantly clear that the Fed has no plans to slow the pace of interest-rate hikes, some bond-market experts are warning that the most specu...
This 12.7% Dividend Soars When The Fed Hikes Rates
King Penguins (Aptenodytes patagonicus) Adult with chicks, South Georgia Island getty Usually in a bear market like this, something is working somewhere. But I think you’ll agree that since the beginn...
Senator Warren ‘Very Worried’ About Federal Reserve Raising Interest Rates, Tipping US Economy Into Recession – Economics Bitcoin News
U.S. Senator Elizabeth Warren says she is “very worried” that the Federal Reserve will tip the economy into recession. “There is nothing in raising the interest rates, nothing in Jerome Powell’s tool ...
European Markets Decline as Fed Chair Hints at Higher Interest Rates
The European markets reacted as the Fed chair cautioned of “some pain” ahead in order to tackle inflation. The European markets experienced another decline as US Fed Chair Jerome Powell hinted at high...
Fannie Mae says fixed mortgage rates could fall to 4.5% next year
The Good Brigade | Digitalvision | Getty Images Mortgage rates are projected to decline next year — but that doesn’t mean prospective homebuyers should necessarily delay a purchase for the prosp...
Dow Falls 200 Points—Market Selloff Continues As Investors Worry About Higher Interest Rates
Topline The stock market moved lower once again on Monday—following a sharp selloff on Friday—as investors continue to worry about ongoing interest rate hikes and tighter monetary policy from the Fede...
Dollar Soars as Fed Announces High-Interest Rates
The week started with the US dollar soaring through the roof. The safe haven briefly crossed its 20-year highs against multiple currencies as the Fed indicated high-interest rates for some more time. ...
Uniglo (GLO) Rates Higher Than PancakeSwap (CAKE) and Uniswap (UNI) on Safety After Paladin Audit
Place/Date: – August 29th, 2022 at 8:11 am UTC · 3 min read Source: Uniglo Photo: Uniglo In light of the recent string of hacks on high-profile exchanges, many investors are looking for alternat...
‘Inflation Fever’ Is Finally Breaking — But Central Banks Won’t Stop Hiking Rates
(Bloomberg) — Global inflation is finally coming off the boil, even if it’s set to remain far too hot for the liking of the world’s central bankers. As economic growth slows, prices for key raw ...
Ethereum Funding Rates Drop To 14-Month Low, Short Squeeze In The Making?
On-chain data shows the Ethereum funding rates have now declined to the lowest value in 14 months, something that could pave way for a short squeeze in the market. Ethereum Funding Rates Reach Highly ...
Just as Wall Street Piles In, Tech Stocks Face Fresh Rates Storm
(Bloomberg) — Jerome Powell’s latest hawkish missive threatens to open up a new front in the ever-raging battle between tech stocks and Treasury yields — potentially hurting money managers...
Mortgage rates are up, but home prices may have peaked — just as debt forgiveness frees up more cash
‘We are at the turning point’: Mortgage rates are up, but home prices may have peaked — just as debt forgiveness frees up more cash U.S. mortgage rates have spiked to their highest level in two months...
Mortgage Rates Could Skyrocket Even More If the Federal Funds Rate Goes from 2.25% to 4%
Compare mortgage rates What Is a Mortgage Rate? The mortgage rate is the interest rate a lender will charge on your mortgage, based on your risk profile and the particular market conditions. Fixed mor...
Fed needs to raise rates to 4% and ‘hold them there’
Cleveland Fed President Loretta Mester says the Federal Reserve needs to continue raising interest rates and hold them at higher levels to get inflation under control. “There’s still a lot of in...
Bitcoin Price Crumbles After Powell Says Fed Rates May Continue To Increase
Bitcoin price dropped about 5% to $20,822 after Federal Reserve Chairman Jerome Powell spoke at Jackson Hole, Wyoming, on Friday, stating that the central bank will “use its instruments decisively” an...
Bitcoin Tanks After Powell Says Fed May Keep Raising Interest Rates
The price of Bitcoin took a hit this morning, falling near $20,000, after Federal Reserve Chair Jerome Powell said the U.S. central bank may well keep raising interest rates. At the time of writing, ...
CDC ‘Cautiously Optimistic’ About Falling Rates Of Infections—But Racial Disparities Spark Concern
Topline Centers for Disease Control and Prevention Director Rochelle Walensky said she felt “cautiously optimistic” about the monkeypox outbreak in the U.S., with new infection rates declining as the ...
Why Investors Should Ignore the Fed, Interest Rates, and Most News
The stock market often makes big moves based on short-term news. When Jerome Powell mentions that interest rates may continue to rise to combat inflation, the Dow and Nasdaq generally drop — unl...