Rates on 30-year loans kept steady Friday at 7.08%, just a couple of basis points above their lowest level since early April. Rates for most other mortgage types were also relatively flat.
SABRINA KARL •
May 13, 2024
The spot price of gold reversed two days of gains, dropping about 1.1% to $2,335.53 per ounce as of 4:30 p.m. ET Monday amid concerns about inflation and the potential impact it could have on the Federal Reserve's stance on interest rates after a report from the Federal Reserve Bank of New York found consumers anticipated steeper price increases over the coming year in April than they did in March.
Bill McColl •
May 13, 2024
According to a 2022 triennial report by the Bank for International Settlements (BIS), there are, on average, $7.5 trillion of forex transactions on a daily basis. 1 With so many participants—most of whom are trading for speculative reasons—gaining an edge in the forex market is crucial.
Cory Mitchell •
May 12, 2024