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Mortgage rates ticked lower this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage decreased to 6.21% from last week’s reading of 6.22%. The average rate on a 30-year loan was 6.72% a year…
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This article was written byFollowScientist and trader of biotech stock. Focus on trading around events such as trial results and NDA/BLA approvals. Also covering companies in industries regulated by the FDA. Articles present my opinion on stocks, but don’t constitute investment advice.Analyst’s Disclosure:I/we have no stock, option or similar derivative…
Federal Reserve Chair Jerome Powell warned that the housing sector’s struggles are likely to continue with interest rate cuts unlikely to move the needle significantly to address challenges with inventory and affordability. Powell spoke at a press conference Wednesday after Fed policymakers moved to cut the benchmark federal funds rate by 25…
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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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