US 30-year fixed mortgage rate rises to 7.40%
The average US 30-year fixed-rate mortgage averaged 7.40%, its highest since November 2023.
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Mortgage Rates Top 7% for the First Time Since 2024: 5 Stocks Most at Risk
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
Perma-Pipe reports Q2 2026 net sales up 24%, net income rises
Perma-Pipe International reported second-quarter net sales of $59.6 million, up 24% year over year, and net income of $2.5 million versus $0.9 million a year earlier.
com Asia Market Update: Directionless trading seen into month and quarter-end; US/Iran to talk in Qatar, but will markets be impacted?; CN P
***General Trend and Developments*** -The Japanese Yen remains slightly offered amid quarter-end and Gotobi. Sato ’s comments are now keenly awaited, especially ahead of the next BOJ decision [Jul 31st]. However, Japan 2-year bond traders seem unfazed given the stronger demand at auction -The PBOC continued to use its