Fixed mortgage rates are down today. According to Freddie Mac, the 30-year fixed mortgage rate is 6.20% — it had sat at 6.35% for two straight weeks. The 15-year fixed mortgage rate has decreased by 20 basis points to 5.27%. Rates are at their lowest since February 2023.The Bureau of Labor Statistics released the August Consumer Price Index (CPI) yesterday, and the inflation rate was at its lowest since February 2021. The CPI solidified many people’s belief that the Federal Reserve will lower the federal funds rate by 25 basis points at its Wednesday meeting instead of 50. So, we…
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If interest rates aren’t in your favor for a refinance right now, you may think you’re out of luck. But deciding when to refinance a mortgage goes well beyond just looking at interest rates.Here are six reasons it could be a good time to refinance your mortgage.This embedded content is not available in your region.In this article:Read more: Rate-and-term refinance — what it is and how it worksWhen to refinance a mortgage: 6 good reasonsYour particular financial situation will determine whether refinancing makes financial sense.Good times to refinance a home can include:When interest rates have fallen below your current mortgage…
The Oklahoma State Board of Education voted unanimously Aug. 22 to approve an order revoking the teaching certificate of former Norman High School teacher Summer Boismier. The contents of the order were revealed publicly in court documents on Thursday. (Photo by Brent Fuchs/For Oklahoma Voice)OKLAHOMA CITY — After spending weeks outside of public view, an order revoking the teaching certificate of former Norman teacher Summer Boismier has been released after a federal judge demanded the document.The revocation order became publicly viewable on Thursday when it was filed in a federal lawsuit challenging House Bill 1775, a controversial Oklahoma law that…
GBP/USD climbed back over 1.3100 after mid-week slump into 1.3000. US PPI inflation figures didn’t spark significant moves, but kept Fed rate cut hopes pinned. Market’s see an overwhelming likelihood of a quarter-point Fed cut next week. GBP/USD turned higher on Thursday, rising back above the 1.3100 handle after the Greenback went limp amid a broad-market uptick in risk-on market sentiment. US Producer Price Index (PPI) inflation data wrapped around median market estimates, failing to deliver a concise picture of US price growth factors, but still kept market expectations of an impending Federal Reserve (Fed) rate cut keel-side down. Forex…
The CEO of a troubled healthcare system in bankruptcy ignored a legal order to testify in front of Congress on Thursday.Steward Health Care System CEO Dr. Ralph de la Torre had been summoned to Washington to answer questions on the health company’s finances and the handling of its hospitals.Doctors and nurses at Steward’s hospitals have seen cutbacks, layoffs, shutdowns and problems with supplies, equipment and delayed payments to vendors and workers, including in South Florida.Sen. Bernie Sanders of Vermont, who chairs the Health, Education, Labor and Pensions committee that issued the subpoena in July, says the CEO will now face…
Francine muscled its way inland Thursday as a “post-tropical cyclone” but still expected to bring heavy rainfall and tornado threats across Louisiana, Mississippi, Alabama, Georgia, and the Florida panhandle.Over 150,000 homes and businesses were without power in Louisiana on Thursday, one day after the center of the storm crashed onto shore in Terrebonne Parish, Louisiana, as a Category 2 storm driving 100-mph winds. The winds diminished, but unrelenting downpours turned streets into rivers as Francine lashed New Orleans.The waters were beginning to recede in some areas, while others could see a foot of rain by the weekend, the National Hurricane…
Hardware detective momomo_us has shared the details of an upcoming ASRock Z890 motherboard for Intel’s Core Ultra 200 (codenamed Arrow Lake) processors. Although the model wasn’t mentioned, and some detailed specifications are still missing, there are still some interesting tidbits about the ASRock Z890 motherboard—with the most eyebrow-raising specification being its ability to handle overclocked DDR5 RAM up to DDR5-9200, which is faster than the best RAM on the market right now.The motherboard is based on the premium Z890 chipset, probably from ASRock’s premium Taichi lineup. Given the description of the memory support, it’s likely an ATX or microATX motherboard with four…
Now that Sony has finally unveiled the PS5 Pro, packed with a more powerful GPU – and little else – I’ve taken a look at the specs to see what an equivalent gaming PC would look like. And, well, you can build a machine using practically the same exact hardware for just a bit more than buying the new, more expensive, console. I know, I know, the PS5 Pro is already expensive, but having one of the best gaming PCs is useful for more than just video games – and it’ll be supported much longer than Sony will support its…
We recently published a list of Beyond the Tech Giants: 35 Non-Tech AI Opportunities. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against the other not-tech AI stocks.Investors have been desperately searching for a safer way to play the AI boom that has swept the US stock market over the past few months. Prominent investment bank Goldman Sachs recently released an investor note detailing which sectors of the economy would benefit from the AI craze, replacing obvious bull cases in the technology domain by thoughtful insights on the long-term impact of AI on…
Vaughan David Investments LLC IL lessened its stake in Truist Financial Co. (NYSE:TFC – Free Report) by 10.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,210 shares of the insurance provider’s stock after selling 1,642 shares during the quarter. Vaughan David Investments LLC IL’s holdings in Truist Financial were worth $552,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds also recently bought and sold shares of the company. Johnson Investment Counsel Inc.…