Mortgage rates aren’t likely to fall any time soon — here’s why

Key Points

Rates on a 30-year fixed mortgage rose above 7% in the week ended Jan. 16, according to Freddie Mac data.
Mortgage rates were below 3% as recently as late 2021.
They are unlikely to fall below 6% until 2026, economists said. That’s partly due to investor worries tied to President Donald Trump’s policy agenda, they said.

Source

Finance

Stocks making the biggest moves premarket: Synopsys, Tripadvisor, Datadog, Robinhood and more

July 3, 2025

Check out the companies making headlines in premarket trading. Synopsys , Cadence Design Systems — Shares of the Silicon Valley chip designers rallied more than 5% and 6%, respectively. The U.S. government lifted restrictions on exporting chip-design software to China, according to announcements from companies in the industry. Datadog — The cloud monitoring provider surged […]

Finance

Why Trump tax deductions — for tips, car loans and more — may not carry large benefits for low earners

July 2, 2025

Key Points New tax deduction — on auto loans, tips and overtime pay, and for older Americans — wouldn’t deliver much of a financial benefit for lower earners, experts said. These policies are part of a massive legislative package championed by President Donald Trump. Source

Finance

2 of our banks just boosted their dividends. Here’s how their increases stack up versus our other names

July 2, 2025

Goldman Sachs and Wells Fargo shares hit record highs Wednesday after the Wall Street banks announced dividend hikes following Tuesday’s close. Both join the laundry list of Club holdings to hike their payouts to investors in 2025. After the financial firms passed the Federal Reserve’s annual stress test on Friday night, Goldman said Tuesday that […]