U.S. Homebuilder Stocks Surge

Homebuilder stocks have surged as investors expect these companies to thrive from lower mortgage rates and a boost in building activity.

Average 30-Year Rate Slips to Lowest in 2 Years

The rate on a 30-year mortgage dipped to 6.08% from 6.09% last week. The rate averaged 7.31% a year ago. Rates on 15-year fixed rose to 5.16% from 5.15%.

Mortgage Rates Highest in More Than 2 Weeks

Mortgage rates hit their lowest levels in more than a year and a half last Tuesday as the bond market put the finishing touches on its preparation for the Fed announcement the following day.  Since then, rates have been drifting mostly higher with each passing day. As of this past Monday, the a

Hurricane Helene: Disaster Relief Fund Now Open

The storm is expected to make landfall on Thursday evening and could intensify to a strong Category 3. More than a dozen counties are under evacuation orders.