Mortgage rates hit highest level since May 2024, impacting home sales and refinancing
Fed rate hikes have pushed 30‑year fixed mortgage rates to 7.12%, the highest level since May 2024, and the share
Read MoreNews and opinion for Michigan, Eaton County, and the Mulliken area
News and opinion for Michigan, Eaton County, and the Mulliken area
Markets, jobs, prices and the economy.
Fed rate hikes have pushed 30‑year fixed mortgage rates to 7.12%, the highest level since May 2024, and the share
Read MoreMichigan led the nation with a 56.6% year‑over‑year rise in gasoline prices, according to GasBuddy’s petroleum analysis. The state’s average
Read MoreNasdaq-100 hit an all‑time high on Tuesday, surpassing the June record, as tech firms account for nearly 70% of the
Read MoreAt 11:31 AM ET, the Nasdaq Composite rose 0.29% to 27,201, setting a new intraday record high, while the S&P
Read MoreMichigan drivers are now paying an average of $4.93 per gallon for regular unleaded, a 62‑cent jump from last week
Read MoreFederal Reserve Bank of Richmond President Tom Barkin said in a speech before CFA Society Baltimore on Tuesday that the
Read MoreAnnual existing-home sales have remained at 30-year lows since the Federal Reserve began raising interest rates in 2022. Updated projections
Read MoreThe 10‑year Treasury yield fell from 16% in 1981 to 0.5% in the summer of 2020, while the 10‑year AAA
Read MoreCanadian Prime Minister Mark Carney delivered a speech in the hemicycle of the European Parliament in Strasbourg, eastern France, on
Read MoreSince 1928, September has been the most volatile month for the S&P 500, with the index declining 55% of the
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