In a surprising turn, mortgage rates have climbed 20 basis points following the Federal Reserve's recent interest rate cut. Discover why the bond market reacted negatively and what this means for homebuyers and refinancers.
In a surprising revelation, Timothy Mellon, a reclusive billionaire and staunch supporter of Donald Trump, has been identified as the anonymous donor behind a $130 million contribution to support U.S. troops during the ongoing federal shutdown. This controversial donation raises questions about its legality and the implications for federal funding.
Major corporations including Apple, Amazon, and Google are backing Trump's ambitious $300 million ballroom project, challenging his claims of private funding. Discover the details and donors behind this lavish endeavor.
First Brands' sudden collapse reveals alarming signs of financial mismanagement. From camera-off Zoom calls to mysterious financing, explore the hidden risks of private investments.
Tesla has ramped up sales with discounts and financing deals before the $7,500 federal tax credit expires. But analysts warn this surge may not last, raising questions about the company's future.
The $55 billion take-private of Electronic Arts marks a historic moment in finance, featuring JPMorgan's unprecedented $20 billion debt commitment. Discover the implications for Wall Street and the private credit industry!
First Brands Group Holdings has filed for Chapter 11 bankruptcy following weeks of financial distress. A creditor group is set to provide $1.1 billion to sustain operations amidst concerns over its financing practices.
Mortgage rates have sharply dropped to their lowest levels since late 2022, influenced by bond market dynamics and economic factors. Will this trend continue, or is volatility on the horizon? Find out what it means for homeowners and potential buyers.
Mortgage rates have seen a significant drop, offering potential savings for homebuyers. Experts debate whether now is the right time to buy or if waiting could yield better rates. Learn the key factors influencing these changes.
Mortgage rates have dropped to their lowest in a year, prompting a surge in homebuyer applications. As the market shifts, many are seizing the chance to refinance and save on monthly payments.