Today’s 15- and 30-year mortgage interest rates remain unchanged at 5.75% and 6.50%, respectively
The median interest rate on a 30-year fixed-rate mortgage is 6.50% as of October 17, which is unchanged from yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.75%, which is also unchanged from yesterday.
Mortgage rates have risen recently, a level that economists expect will hold through the end of the year.
The Dow rises 150 points on strong retail sales and surging AI stocks
The Dow Jones Industrial Average surged Thursday morning, driven by robust retail sales data and a rally in chip stocks. Consumer spending saw a notable increase in September, reflecting growing economic momentum following the Federal Reserve’s recent interest rate cuts. A report from the U.S. Census Bureau revealed that retail sales climbed by a seasonally adjusted 0.4% for the month,
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Read MoreIndian stock market: 7 key things that changed for market overnight – Gift Nifty, Dow Jones’ record close to gold prices
Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open on a cautious note on Thursday following mixed cues from global markets.
Asian markets traded mixed, while the US stock market ended higher overnight, with the Dow Jones posting a record close.
Stock market today: Dow, S&P 500, Nasdaq rise as TSMC outlook prompts chip stock boost
Homebuilders are feeling more confident about the housing market despite a recent sharp rise in mortgage rates.
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index rose two points to 43 in October from the previous month, marking the second consecutive monthly gain. October’s reading was higher than economists’ estimates of 42,
Read MoreNext Cryptocurrency to Explode, October 22 — Simon’s Cat, Aptos, Safe, Beam
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The overall feeling in the market is beginning to look positive. Recently, Bitcoin (BTC) finally rose above $67K and could return to its all-time high of 73K. Meanwhile, Ethereum (ETH) has surpassed $2,600 and may reach 3K if the market stays bullish.
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2 Easy Lazy Ways To Get Rich?
Do you want to be a high-risk, high-reward investor? Or do you want to play it safe and go for slow and steady wins? That’s among the first questions to ask when building wealth.
While high rewards sound great, that investment strategy isn’t for the faint of heart. While we have all seen the news headlines about the investor who purchased Tesla shares when it was trading at $1.50 (split adjusted),
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