Saturday, August 9, 2025
NewsWave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
No Result
View All Result
Login
NewsWave
No Result
View All Result
Home Business

Mortgage rates hit lowest level since February 2023

11 September 2024
in Business
0
Mortgage rates hit lowest level since February 2023
Share on FacebookShare on Twitter
How does this make you feel?



In Larkspur, California, pending home sales fell 1.5% in October to their lowest level in 20 years, according to the National Association of Realtors. Mortgage rates for 30-year fixed-rate loans dropped to 6.29%, the lowest since February 2023, leading to a 1.4% rise in total mortgage demand, with refinance applications up 1% and home purchase applications up 2% for the week. Despite lower rates, affordability challenges and limited inventory are still hindering purchase decisions, with the Consumer Price Index release expected to impact rates further.

Full Article

🪄 Creating a simple explanation...

Tags: FebruaryhitlevellowestmortgageRates
Previous Post

Half of Auckland homes damaged in storms sign up for council’s buyout scheme

Next Post

Taylor Swift endorses Kamala Harris for president after debate ends

Related Posts

The Biggest Takeaways From Axon Enterprise's Aug. 4 Earnings Report
Business

The Biggest Takeaways From Axon Enterprise's Aug. 4 Earnings Report

by My News Wave
9 August 2025
0

On August 4, Axon Enterprise (NASDAQ: AXON) released its second-quarter financial report, leading to an 18% increase in its stock price, closing at approximately $745 per share. This rise contributes to a total year-to-date gain of 48% as of August 6. Want More Context? 🔎

Read more
Why Clean Energy Fuels Stock Raced Nearly 13% Higher Today
Business

Why Clean Energy Fuels Stock Raced Nearly 13% Higher Today

by My News Wave
9 August 2025
0

Clean Energy Fuels (NASDAQ: CLNE) experienced a nearly 13% surge in its stock price after reporting second-quarter revenue of $102.6 million, marking a nearly 5% year-over-year increase and surpassing analyst estimates. Despite this growth, the company's non-GAAP net income decreased to $337,000, or less than $0.01 per share. Want More Context? 🔎

Read more
Pinterest Stock Just Dropped 12% After Earnings. Is It a Red Flag, or a Buying Opportunity?
Business

Pinterest Stock Just Dropped 12% After Earnings. Is It a Red Flag, or a Buying Opportunity?

by My News Wave
9 August 2025
0

Pinterest (NYSE: PINS) experienced a 12% stock drop following its second-quarter earnings report, despite stronger-than-expected revenue growth; however, lower profitability and concerns over new tariffs impacting ad demand contributed to investor apprehension. This situation raises questions for long-term investors about whether it presents a buying opportunity or if it’s prudent to wait. Want More Context? 🔎

Read more
AI Is on Sale: 2 Stocks Worth Buying Before the Next Surge
Business

AI Is on Sale: 2 Stocks Worth Buying Before the Next Surge

by My News Wave
9 August 2025
0

Artificial intelligence (AI) is expected to significantly boost the global economy, potentially contributing nearly $20 trillion to GDP by the decade's end, prompting substantial investment in AI stocks like Nvidia, Broadcom, Palantir, and Snowflake. For those who missed earlier gains, Meta Platforms and Lam Research present attractive investment opportunities as they leverage the AI surge while trading at appealing multiples. Want More Context? 🔎

Read more
The Smartest Growth Stocks to Buy With ,000 Right Now
Business

The Smartest Growth Stocks to Buy With $1,000 Right Now

by My News Wave
9 August 2025
0

To qualify as a growth stock, a company must be expected to grow significantly faster than the overall market, which narrows down the options considerably. Despite the challenge of identifying these stocks, the author suggests three promising growth stocks to invest in right now with $1,000, emphasizing their potential for substantial market outperformance. Want More Context? 🔎

Read more
Will the NFL Bring the Magic Back to Disney Stock?
Business

Will the NFL Bring the Magic Back to Disney Stock?

by My News Wave
8 August 2025
0

In this podcast, Motley Fool contributors Travis Hoium, Lou Whiteman, and Rachel Warren explore the potential impact of the NFL on Disney's stock performance. They also encourage listeners to access full episodes of their podcasts and consider their top 10 stock recommendations when ready to invest. Want More Context? 🔎

Read more
NewsWave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • The First ONE PIECE Season 2 Trailer Teases Big Pirate Action and Fan-Favorite Arcs
  • 'Hour of Code' Announces It's Now Evolving Into 'Hour of AI'
  • Giant Pacific octopus shoots video of itself after claiming camera from B.C. divers
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In