Mortgage Rates Fall For Second Straight Week In Response to Positive Economic Data
Mortgage rates dropped for a second week in a row. Thirty-year fixed-rate average was 6.95%, down from 6.99% last week.
Congressman Buys, Sells Penny Stock For Profit: Here’s The Trade And For How Much
A member of Congress made a 40%+ profit from buying and selling a penny stock in 2023.
Here Are The 15 Cities Where Homebuyers Are Dropping The Heftiest Down Payments
As the housing market in the U.S. continues its remarkable ascent, the landscape of home buying is seeing a significant shift in down payment trends.
If You Invested $1,000 In Rithm Capital (RITM) Stock At Its COVID-19 Pandemic Low, Here’s How Much You’d Have Now
Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two and a half years. But there was no question some big-name stocks performed better than others since the pandemic bottom.
Bush Signs $700B TARP Bailout 14 Years Ago Today
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened
On this day in 2008, U.S. President George W. Bush signed the $700-billion Troubled Asset Relief Program bailout into law.
Housing Activity ‘Took A Nosedive’ As Mortgage Rates Hit 15 Year Highs – A Chart That Says It All
Mortgage rates are at their highest point since the Great Recession as housing affordability continues to decline, according to Freddie Mac (OTCMKTS: FMCC) data.
These 2 Under-The-Radar Stocks Traded More Than $1B Each Last Month
The month of July saw $37.3 billion in trading volume for stocks that trade on the OTCQK and OTCQB. While some of the stocks that trade over-the-counter are considered penny stocks based on their share price, they are also some of the largest companies in the world and represent a diverse list of sectors.
So, Are We In A Recession? Mortgage Rates Drop Below 5% For First Time Since Spring
For the first time since April, purchase mortgage rates dropped below the 5% level, reflecting the Federal Reserve’s monetary policy that has led the U.S economy to a “technical recession.”
Housing Beat: Mortgage Rates Soar Again, Non-QM Rides On, The Best And Worst Rental Markets
The renewed rise in mortgage rates, a major mortgage-backed securities deal featuring non-qualified mortgages and a cooling in rental housing prices dominated this week's housing and mortgage market news.
Housing Beat: Mortgage Rates Fall Again, Home Price Growth Cools, Roe V. Wade Influences Homebuyers
This week in the housing world, mortgage rates declined for the second consecutive week as home price growth slowed, the level of mortgage delinquencies remained low and the Roe v. Wade controversy permeated the homebuying process.