The numbers: U.S. pending-home sales fell 4% in November, which is the sixth straight monthly drop, according to the index released Wednesday by the National Association of Realtors (NAR). The Read more
Tag: April
Mortgage rates surge to the highest level since April 2002. ‘The next several months will undoubtedly be important for the economy and the housing market.’
The numbers: U.S. mortgage rates have resumed their journey upwards, hitting a 20-year high. The 30-year fixed-rate mortgage averaged 6.92% as of October 13, according to data released by Freddie Read more
U.S. jobless claims drop to lowest level since April
The numbers: Initial jobless claims fell by 16,000 to 193,000 in the week ended September 24, the U.S. Labor Department said Thursday. That’s the lowest level of claims since late Read more
U.S. jobless claims drop to lowest level since April
The numbers: Initial jobless claims fell by 16,000 to 193,000 in the week ended September 24, the U.S. Labor Department said Thursday. That’s the lowest level of claims since late Read more
Gold attempts bounce off April 2020 low as Russia steps up Ukraine war
Gold found a modicum of haven-related buying interest Wednesday after Russian President Vladimir Putin ordered reservists to mobilize and made remarks seen as a threat to use nuclear weapons as Read more
Gold prices look to finish at lowest since April 2020 as investors await Fed decision
Gold prices declined on Tuesday, poised to finish at their lowest in more than two years, as investors wait for the Federal Reserve to raise interest rates and deliver updated Read more
VIX drops below 20 for first time since April as S&P 500 retakes 4,200
With U.S. stocks back in rally mode following Wednesday’s consumer-price index release for July, the Chicago Board Options Exchange Volatility Index, better known as the VIX, or the market’s “fear Read more
Mortgage rates drop to lowest level since April amid ‘high uncertainty’
The 30-year fixed-rate mortgage averaged 4.99% as of August 4, according to data released by Freddie Mac on Thursday. That’s down 31 basis points from the previous week — one basis point Read more
Gold ends lower Wednesday, breaks longest winning streak since April
Gold closed lower on Wednesday, ending a five-day winning streak that was its longest stretch of uninterrupted gains since April, as traders reconsidered the odds of a Federal Reserve pivot Read more
Treasury yields slip with 10-year ending at lowest since April despite inflation data
Treasury yields mostly fell on Friday as traders digested June inflation data that may impact Federal Reserve thinking on the pace of interest rate rises. What’s happening The yield on Read more