The average shelf life of a mortgage has nearly halved in just one month, dropping from 67 days to 37 days. This decrease is due to heightened competition among lenders and a surge in refinancing activity. Borrowers are advised to act quickly when securing a mortgage in order to take advantage of the current market conditions.
Source link
Why Reddit Stock Was Moving Higher This Week
Shares of Reddit (NYSE: RDDT) saw a significant increase of 19.4% this week, driven by the launch of two new AI-powered advertising tools and favorable analyst reviews. The stock's positive momentum was reported by S&P Global Market Intelligence as of Wednesday's close. Explain It To Me Like I'm 5: Reddit, a website where people share things, got a lot more popular this week because they made new tools that help businesses advertise better, and people...
Read more