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Mortgage rates remained near a three-month low this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage ticked up to 6.65% from last week’s reading of 6.63%. The average rate on a…
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Missed payments on auto loans by American car owners rose to the highest level in three decades earlier this year. The percentage of borrowers with subprime car loans who are at least 60 days past due on their loans increased to 6.56% in January, which was the highest level since data…
Nearly half of Americans aged 50 and older with credit card debt are using credit cards to cover basic living expenses, with debt balances on the rise, according to a new survey by AARP. AARP found that 47% of adults aged 50 and up who carry credit card debt are using…
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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories…
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Key News Asian equities had a strong day as Japan outperformed, and Hong Kong posted…
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Snowflake — a mobilizer of enterprise data through a company’s data cloud — exceeded investor…
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WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell more than expected in October,…
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