The 30-year mortgage refinance rate average ticked down for a second day but remained elevated. Rate movement for other refi loan types was down or flat.
And he continues: "As 2025 begins, rising long end bond yields pose the biggest challenge to the bull market. Indeed, the latest surge in the 10-year yield helped spur a bout of equity market ...
The US Dollar stands on track for a near 7% annual gain as traders anticipate robust US growth and limited rate cuts in 2025, as Fed Chair Jerome Powell signals caution on further easing. Chinese ...