Did mortgage rates just drop after climbing for 5 weeks?

Mortgage rates are heading down again, at least for now.

The average rate for a 30-year, fixed-rate mortgage in the United States dropped to 6.37% for the week that ended Thursday, according to the Federal Home Loan Mortgage Corporation, better known as Freddie Mac.

The 0.09 percentage point drop from last week’s average rate of 6.46% is the first decline since the U.S. and Israel launched a…

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Hegseth: We Negotiate With Bombs

Defense Secretary Pete Hegseth just perfectly summed up Donald Trump’s reckless military campaign in Iran.

Speaking in the Oval Office alongside Trump Tuesday, Hegseth insisted that the Pentagon had established its own role in ongoing negotiations.

“The air campaign that we’ve conducted, that Israel’s conducted alongside us, was one for the history books, truly. And it’s because we have a…

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Oil plunges 15pc amid ‘hopes’ of de-escalation

NEW YORK: Oil prices plunged by about 15 per cent on Tuesday, a day after soaring to their highest levels since 2022, pressured after US President Donald Trump predicted the war with Iran could end soon, which should minimise oil supply disruptions.

Brent futures fell $14.23, or 14.5pc, to $84.73 a barrel at 2:01pm EDT (1801 GMT). US West Texas Intermediate (WTI) crude fell $14.46, or 15.5pc, to…

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