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Sonic has the potential to generate significant economies of scale as vehicle demand rebounds and if EchoPark grows. Powersports may be a lucrative new business as well given it does not have many ...
Indeed, the only guaranteed path for Mr. Trump to get lower interest rates is slower inflation or a weaker job market. Right ...
So far this year, average mortgage rates have stayed stubbornly high, bouncing between 6.5% and 7%, as financial markets weigh the risks of both higher inflation and an economic slowdown. Most ...
While a Fed chief more friendly to cutting rates could be mixed for equities in the short term, it would translate into a weaker US dollar, increased volatility in the Treasuries market and higher ...
The average rate on a 30-year U.S. mortgage fell to its lowest level since early May, an encouraging trend for prospective homebuyers at a time when the U.S. housing market remains largely held ...
The long-term rate fell to 6.81% from 6.84% last week, mortgage buyer Freddie Mac said Wednesday. A year ago, the rate averaged 6.87%.
30-year fixed-rate mortgages averaged 6.81% as of June 18, down from 6.84% last week and 6.87% in the year-ago week, this week's Freddie Mac Primary Mortgage Survey results showed.
The average rate on a 30-year U.S. mortgage eased for the third week in a row, a welcome trend for prospective homebuyers at a time when elevated borrowing costs remain a drag on the housing market.
The long-term rate fell to 6.81% from 6.84% last week, mortgage buyer Freddie Mac said Wednesday. A year ago, the rate averaged 6.87%. Borrowing costs on 15-year fixed-rate mortgages, popular with ...