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Homebuilder stocks had one of their best days in months on Tuesday. By Wednesday morning, the mortgage data served a cold shower. The Mortgage Bankers Association (MBA) reported that the average 30-year fixed mortgage rate had risen to 7.12% in the week ending Sept. 18. The iShares U.S. Home Construction ETF (NYSE: ITB
Keeping American diesel at home sounds like the fastest way to make it cheaper, but the opposite could happen. President Donald Trump said on Tuesday that he backs a diesel export ban. That day, the national average diesel price hit a fresh record at $6.53 a gallon, according to AAA. “I’ve said let’s not send out the d