The US Treasury tripled the initial size of its next buyback of longer-dated government debt, in an announcement that was met with initial disappointment by investors. Processing Content The Treasury Department said it will buy up to $6 billion of outstanding securities set to mature in the 10- to 20-year sector. It’s the first such operation under […]
Bessent triples debt buyback but market shows disappointment Read More »
US mortgage rates climbed to a more than one-year high last week, extending a steady rise in borrowing costs since the start of the Iran war. Processing Content The contract rate on a 30-year mortgage rose 6 basis points to 6.85% in the week ended Sept. 4, according to Mortgage Bankers Association data released Wednesday.
Mortgage rates rise to 6.85%, highest in more than a year Read More »
Ask a couple people how the housing market is doing and you’ll probably get a couple different answers. That’s because right now, the market runs on 2 very different tracks, split by price point. Knowing which track your house is on changes everything about your sale, from your asking price to how long you can
The Housing Market Split in 2. Which Side Is Your House On? Read More »