With mortgage rates falling for the fifth consecutive week, newer homeowners who locked in higher rates are looking for ways to reduce their monthly mortgage costs — and they’re doing so by refinancing in flock-like numbers.
November saw a further decrease in new U.S. home construction and permits fell as affordability and demand for homes were weakened by high borrowing prices and persistently high inflation.
The Russian rouble plunged to its weakest level in over seven months against the dollar on Monday and was on the path to its biggest single-day drop since July.
Dogecoin (CRYPTO: DOGE), the cryptocurrency that was originally created as a joke, which saw a massive surge in value last year, has passed the market capitalization of Coinbase Global Inc (NASDAQ:
Camber Energy Inc (ARCA: CEI) was skyrocketing more than 100% at one point on Monday after announcing it bumped up the date of its 1-for-50 reverse split to Wednesday, Dec. 21.
Energy stocks have been on a tear since giving up their August gains, they have now returned to October’s trading levels, as the SPDR Select Sector Fund - Energy Select Sector (ARCA: XLE) is down over 6% in the past month.