May 10, 2025

Business Insider

Mortgage

Mortgage Rates Are Going Down. That’s Not Necessarily a Good Thing.

Mortgage rates are trending downward from recent peaks. They could fall further if the economy continues to slow and the Fed cuts rates. However, that might not make it much easier to buy a house, some experts say. It’s getting cheaper to borrow money to buy a house. But would-be homebuyers shouldn’t celebrate prematurely. Lower

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Loans

Trump: Student Loans Will Be Managed by SBA Instead of Ed. Dept.

Trump said student loans are moving out of the Department of Education and into the Small Business Administration. He also said that HHS will be taking over “special needs” and nutrition programs. This comes one day after Trump signed an executive order to begin eliminating the Department of Education. Student loans are moving to the

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Investors

Retail Investors Are Buying Near-Record Amounts of Tesla Stock: JPMorgan

Retail investors bought $7.3 billion in Tesla stock over the past two weeks, JPMorgan said. The buying behavior signals that retail investors are in “buy the dip” mode as Tesla stock plunges. While retail investors are buying, Tesla insiders have sold huge amounts of stock. Retail investors can’t get enough of Tesla, even as the

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Crypto

XRP Price Spikes Over 13% As SEC Drops Crypto Case Against Ripple

Ripple announced that the SEC’s lawsuit against the firm is over. Ripple Labs’ XRP cryptocurrency spiked over 13% on the news. It is another indicator of shifting regulatory tides for crypto under the Trump administration. The US Securities and Exchange Commission is dropping its case against Ripple, the blockchain firm that fell into regulatory crosshairs

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