Surprising Mortgage News Daily: Inflation Holds at 3.4%
Mortgage news daily highlights July inflation data, easing rate hike odds and what the latest CPI report could mean for borrowers and homebuyers.
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Mortgage news daily highlights July inflation data, easing rate hike odds and what the latest CPI report could mean for borrowers and homebuyers.
Mortgage interest rates dipped to 6.77%, nudging homebuyer demand higher as refinance and purchase applications rose, though affordability pressures remain.
CSCO stock gains attention after Cisco reports record fiscal 2026 revenue, surging AI infrastructure orders and stronger fiscal 2027 guidance for investors.
Current mortgage rates could hinge on July inflation as prices ease to 3.4%, while energy costs remain high and the Fed weighs future rate moves.
COLA 2027 estimates have slipped to 3.4%–3.6% as July inflation cools. See what retirees could receive and when the official increase arrives.
Forex Factory traders are watching US-Iran mediation, the Strait of Hormuz and a looming MoU deadline that could drive fresh currency volatility.
NBIS earnings sent Nebius shares sharply higher as AI cloud growth, bullish Goldman Sachs coverage and strong sector demand fueled investor optimism.
CoreWeave stock rises more than 8% after Q2 losses narrow, revenue meets forecasts, and backlog reaches $104 billion despite rising competition.
Market news turns sharply cautious as U.S. payrolls fall by 23,000 in July, unemployment dips to 4.1%, and weaker data reshape Federal Reserve expectations.
Finance shock: The U.S. economy unexpectedly lost 23,000 jobs in July as participation fell and markets reassessed the Federal Reserve’s next move.