Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. In May, 30-year mortgage rates averaged around 6.76%, which is nine basis points
The world’s largest hedge fund recently loaded up on shares of some members of the Magnificent Seven tech stocks, and halved an investment in a Chinese maker of electric vehicles. Bridgewater Associates made a big bet on Apple stock, more than doubled its stake in Nvidia shares, tripled an investment in Microsoft stock, and cut
OKLAHOMA CITY — The first $23.4 million from the Oklahoma Housing Stability Program was awarded to nine projects by the Oklahoma Housing Finance Agency Board during its last meeting. The program provides no-interest loans for construction of single-family homes for purchase and single- or multifamily homes for rent. The board awarded almost $15.5 million in
Coinbase Global stock fell on Thursday in the face of recent gains in Bitcoin prices, which tend to lead shares of the cryptocurrency broker higher. Investors may be eyeing the prospect of tough new competition in U.S. crypto trading. CME Group , the Chicago-based trading firm, plans to launch spot Bitcoin trading amid interest from
Shares of consumer-finance companies including Capital One and the parent of Rocket Mortgage dropped on Thursday after the Supreme Court ruled that the Consumer Financial Protection Bureau is funded legally. The ruling is a win for consumer-protection advocates and a setback for conservative groups and the Community Financial Services Association of America, the industry lobbying
Imagine getting paid $30 million a year for clicking a mouse a few times a day. Your job is to buy a single virtual asset for an exchange-traded product—or ETP—that is similar to but not exactly like an exchange-traded fund. Call it the Steepcoin ETP. It charges a 1.50% expense ratio. You click a mouse
Banks are seeing a slide in demand for loans — at the same time that they’re tightening lending standards. And the pressures, as noted in the most recent Federal Reserve survey of loan officers through the “Senior Loan Officer Opinion Survey on Bank Lending Practices,” have impacted all manner of loan types, spanning commercial and
New rules from the Treasury Department will make it harder for vehicles to qualify for the full federal electric vehicle tax credit of $7,500, though automakers were also granted a reprieve. Currently, the Inflation Reduction Act’s (IRA) federal EV credit requires that manufacturers ramp up sourcing of battery “critical materials” such as nickel and cobalt