US 30-Year Mortgage Rate Falls to 7.32% This Week
Freddie Mac’s average 30-year fixed mortgage rate fell to 7.32% from 7.4% last week, its first decline in nine weeks.
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US Homebuilder Sentiment Falls to Lowest Level Since June 2012
The NAHB/Wells Fargo Housing Market Index fell three points to 29 in October, below the 30 recorded in April 2020 and the 32 economists expected. All three components declined as mortgage rates and affordability pressures weighed on builders and buyers.
Transcript: Rocket Companies Q2 2026 Earnings Conference Call
Rocket Companies (NYSE: RKT ) released second-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. The full earnings call is available at Summary Rocket Companies reporte
Renting Is Still Cheaper Than Buying — but JPMorgan Says US Housing Affordability Is Getting Worse: ‘Incomes Have Simply Failed to Keep Up’
Renting is still cheaper than owning a home in the U.S., but housing costs have outpaced incomes for decades, and high mortgage rates are squeezing buyers, according to J.P. Morgan, as homeownership among those under 35 falls to its lowest in nine years. Renting Is Cheaper, But Not Cheap On a monthly cash-flow basis, r
2-year US yield falls after Fed's Williams cools rate hike bets
The 2-year US Treasury yield slipped after New York Fed President John Williams said there was 'no urgency' for further action, while major stock indexes eased. US crude fell and the dollar firmed against the yen as investors awaited Wednesday's PCE inflation data.
MNI EUROPEAN MARKETS ANALYSIS: USD Supported Despite Lower Oil
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but