Mortgage Rates Have Ticked Up After a 5-Week Decline—Is It a Blip or the Start of a Shift?
Key Takeaways
- Though mortgage rates have been falling since a mid-May surge, they’ve now inched up a bit.
- The increase so far is minor, keeping 30-year rates within just 6 basis points of a recent three-month low.
- 30-year rates ended last week at a 6.82% average—30 basis points below the May 23 peak of 7.12%.
Will mortgage rates continue falling this July?
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The news last week that mortgage rates had recently fallen was certainly positive,
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Read MoreSocial Security Email on 'Big Beautiful Bill Tax' Changes Sparks Confusion
If you are one of the more than 60 million people who receive Social Security benefits, you may have received an interesting message last week. That’s because the Social Security Administration (SSA) reportedly sent an email to millions of beneficiaries stating that the newly enacted “One Big Beautiful Bill” (OBBB) would “eliminate federal income taxes on Social Security benefits for most beneficiaries.”
In that communication,
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Read MoreNo Taxes On Social Security Is A Promise Only Partially Kept
No taxes on Social Security is a promise only partially kept.
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When it comes to tax news, but especially when it comes to tax law, it’s important to always read the fine print. Both whitehouse.gov and the Social Security Administration issued press releases following the passage of the One Big Beautiful Bill Act that told America’s seniors that the Trump administration delivered on its “no taxes on Social Security” promise.
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Read MoreCryptocurrency News Live: Bitcoin, Ethereum, Solana Prices Today; check trading, m-cap updates
Top gainers in the last 7 days
Cryptocurrency markets are seeing significant volatility, with several tokens posting substantial gains over the past week. Here’s a look at some of the top performers:
Hyperlane (HYPER): HYPER leads the pack with a remarkable 7-day increase of 424.9%.
The Burst
Alert: 48% Upside on Under-the-Radar Tech Stock
Investment Alert: Buy Climb Global Solutions (CLMB) Under $50/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
Read MoreThe Ivy
The Horrifying Chart That May Forecast A Plunge
Technical charts are littered with examples of historical comparisons. Is the most recent bullish run-up in the S&P 500 similar to the 1929 peak? Is the hype around AI similar to the buzz around the internet in 2000? Is the soaring Nvidia stock chart akin to the bull run in Cisco 24 years ago?
It’s hard to tell looking at a stock chart alone whether history will repeat or simply rhyme,
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