The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 5, which is unchanged from yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.13%, which is 0.13 percentage points higher than yesterday.
Federal Reserve policymakers are weighing another interest rate cut this week. According to Freddie Mac,
Australia’s economy faces weaker growth and higher-for-longer interest rates under US president-in-waiting Donald Trump’s inflationary policies of imposing tariffs on China and maintaining larger budget deficits.
That’s the view of investors and Treasury officials who are bracing for a sustained period of market volatility after Mr Trump’s victory triggered the Australian dollar to slump almost 2¢ to US65¢ against a stronger US dollar,
» Read more about: Trump win means higher interest rates and weaker Australian economy »
It’s important to know what to expect from Social Security, and there’s a fairly easy way to find out.
Many people are aware that retiring on Social Security alone isn’t a great thing to do. With the average retired worker today collecting about $23,000 a year in benefits, an income that size doesn’t give you a whole lot of leeway to tackle even your basic expenses.
» Read more about: Saving for Retirement? How to Factor In Your Social Security Benefits »
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The U.S. Navy has partially reversed course on its controversial plans to decommission the last of its Ticonderoga class cruisers by 2027, with three of the ships now set to continue serving further out toward the end of the decade. The new decision regarding the Ticonderogas is part of an ambitious Navy-wide strategy that includes a call to substantially increase the readiness of warships and other key assets within the next three years.
MURFREESBORO, TN / ACCESSWIRE / November 5, 2024 / National Health Investors, Inc. (NYSE:NHI) announced today that after more than 30 years of leadership, W. Andrew “Andy” Adams has notified the Board of Directors of National Health Investors, Inc. that he plans to retire as Chairman of the Board effective December 31,
» Read more about: NHI Announces Retirement of W. Andrew Adams from the Board of Directors »
At least four Silicon Valley companies plan to invest approximately US $890 million in the Bajío state of Jalisco, Mexico in 2025.
On Friday, the electronics manufacturing services company Flex announced plans to invest $86 million, the semiconductor packaging and testing services provider ASE Group intends to establish a microchips research center in Guadalajara,
» Read more about: Silicon Valley companies plan to invest US $890M in Jalisco in 2025 »
Nvidia Corp. became the largest company in the world on Tuesday, surpassing Apple Inc. and underscoring just how dominant artificial intelligence has become on Wall Street.
Shares rose 2.9% to $139.93, resulting in a market capitalization of $3.43 trillion, ahead of Apple at $3.38 trillion. Microsoft Corp., which Nvidia passed last month,
» Read more about: Nvidia Rides AI Wave to Pass Apple as World’s Largest Company »
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After 38 years in the investment business, most of that having been in a position to make investment decisions for other people’s money, I’ve learned plenty of lessons. In fact, I am with the many folks in my position that continuously remind investors, especially self-directed types,
US stocks closed Tuesday’s trading session in a sea of green as Americans flocked to the polls on Election Day to decide whether Kamala Harris or Donald Trump will become the next president.
The tech-heavy Nasdaq Composite (^IXIC) led the gains, rising about 1.4% to secure its best day since early October.