Freddie Mac: 30-Year Mortgage Rate Drops to 6.85%, Marking 5th Consecutive Decline
MCLEAN, Va. — Freddie Mac reports that the average 30-year mortgage rate has fallen to 6.85% this week, marking the fifth consecutive decrease.
Published on February 20, 2025, 06:05 PM UTC
President Trump suggests "economic development" with Russia as part of ongoing Ukraine peace talks, potentially involving rare earth minerals.
Published on: February 25, 2025, 05:03 PM UTC
Starbucks stock has been on a hot streak, but Jefferies analyst Andy Barish says it's time to book profits. Barish cites concerns about same-store sales, margin gains, and earnings growth. He also notes that Starbucks has pulled back on guidance and is cutting costs.
Published on: February 25, 2025, 05:02 PM UTC
US stocks fell Tuesday as President Trump's tariff threats and potential toughening of China curbs weighed on market optimism and interest rate cut chances. Consumer confidence also plummeted in February, notching its biggest monthly decline in more than four years as 12-month inflation expectations jumped and recession fears escalated.
Published on: February 25, 2025, 05:02 PM UTC
Berkshire Hathaway's operating earnings surged 71% in Q4, driven by higher interest rates and a strong insurance business recovery.
Published on: February 22, 2025, 07:00 PM UTC
Berkshire Hathaway (BRK-B) reports record earnings, CEO Buffett discusses cash pile and investment strategy, reflects on mistakes, and touts American economic growth.
Published on: February 22, 2025, 04:00 PM UTC