Immovable

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

Another tough week for US stocks ended with oil producer stocks falling and Ford Motor Co. falling on concerns about supply shortages. The S&P 500 SPX fell 1.7% on Friday for a 4.6% drop over the week as investors continued to worry about interest rate hikes from the Federal Reserve to temper inflation. Among the …

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market Read More »

As 30-year mortgage rates hit 6.7%, homebuyers face “payment shock.”  Here are ways to save

As 30-year mortgage rates hit 6.7%, homebuyers face “payment shock.” Here are ways to save

Noel Hendrickson/Getty Images Even with signs of a slowing housing market, home buyers are still feeling the sting of high prices and higher interest rates. The average rate for a 30-year fixed-rate mortgage is 6.7% on Friday, down from 3.3% at the start of 2022, according to Mortgage News Daily. Along with that, home prices …

As 30-year mortgage rates hit 6.7%, homebuyers face “payment shock.” Here are ways to save Read More »