These are today's mortgage and refinance rates. Inflation has slowed. Mortgage rates often increase when the economy is in a good place. Lock in your rate today.
Mortgage rates barely moved despite a volatile few days in the stock market. The average rate on a 30-year loan stood at 6.65%, according to Freddie Mac.
The Federal Reserve has broken this year with its long-standing practice of releasing an annual preview of its finances for the preceding year. The U.S. central bank has released a preliminary statement detailing its annual profit or loss in early January since at least 2006, but has yet to release the numbers for 2024. A Fed spokesperson said the audited version of the financial statement will be released later this month.
NEW YORK (Reuters) -Foreigners added nearly $16 billion to their emerging market portfolios in February, with investors loading up on Chinese stocks as well as debt across developing economies, a report from a finance trade group said on Thursday. Chinese stocks sucked in $11.2 billion, but selling elsewhere meant emerging market equity portfolios saw a net outflow of $2.1 billion last month. The picture was the reverse in fixed income, where Chinese bonds posted a $15.1 billion outflow even as emerging market debt elsewhere raked in $33.2 billion.
Is Bitcoin's unchangeable nature a security liability? Here's what you need to know about the largest cryptocurrency's development before jumping to conclusions about its long-term security.
As the industry moves forward with bills on stablecoins and market-structure rules, the kind of dealing lobbyists were prepared to make may no longer be needed.