The daily 30-year fixed mortgage rate soared to 7.24% last week, adding yet another cost for homebuyers already facing the double whammy of high housing prices and inflation squeezing their wallets. Freddie Mac’s weekly average rate also climbed to 6.95%, putting borrowing costs at their highest level since January 2025. The increase comes as the
Rothesay County Championship, Division Two, St Lawrence Ground, Canterbury (day two) Lancashire 161: Ahmed 5-42, Milnes 4-28 & 192: Harris 48; Dudgeon 3-51 Kent 214: Crawley 84; Stanley 4-61 & 84-2: Muyeye 37* Kent (3 pts) need 56 more runs to beat Lancashire (3 pts) Match scorecard Kent reached 84-2 at stumps chasing 140 to
The U.S. national debt is hurtling toward $40 trillion, and Bank of America Research strategist Michael Hartnett’s “Anything but Bonds” framework is becoming ever more applicable. Boiled down, Hartnett warns the US is accumulating too much debt, which causes the government to issue too many bonds—and investors want compensation for the fiscal risk—making long-duration Treasurys
