Mortgage Rates Ease to 6.18%, Buyers Gain Leverage
Freddie Mac shows 30-year rates steady near 6.2%, while rising inventory boosts buyer negotiations despite tight affordability.
Fresh coverage on the economy, markets, and the forces moving money.
Freddie Mac shows 30-year rates steady near 6.2%, while rising inventory boosts buyer negotiations despite tight affordability.
Summer growth beat forecasts, but sticky essentials inflation and cooling job security are dragging sentiment.
As the White House pushes faster AI adoption, software spending pivots toward security, governance, and tighter controls.
AI megacaps powered a thin Santa rally as Q3 GDP beat trimmed near-term cut odds, while gold hit records.
Tariffs of 21.9% to 42.7% deepen the EV-linked trade spat, pressuring EU exporters and aiding Chinese producers.
Stocks rose as semis and AI infrastructure rebounded, with broad sector gains and subdued volatility.
Miran downplayed inflation distortions and urged further easing as markets watch delayed GDP and PCE prints.
Futures ticked higher as cooler inflation revived 2026 easing bets, lifting tech while breadth stays fragile.
Late GDP and factory data force markets to weigh cooling hiring against steady growth and easing inflation.