The average rate on the 30-year fixed mortgage fell this week to 6.77%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.81%.
FHFA instructed Fannie Mae and Freddie Mac to prepare proposals for including cryptocurrency as an asset for mortgage reserves without converting to U.S. dollars.
The Commerce Department released its third estimate of U.S. gross domestic product for the first quarter and found the economy contracted at an annual rate of 0.5%.
The White House disputes the CBO's $2.8 trillion deficit projection for Republican tax package, claiming the analysis understates economic output and productivity growth.
Raising Cane's increased its footprint with three new restaurants on June 24, and fans of the fast-food chain can expect more locations to open in the future.
NBA board unanimously approves sale of Minnesota Timberwolves and Lynx to Alex Rodriguez and Marc Lore, concluding a nearly four-year ownership transfer process.
Zohran Mamdani, a democratic socialist, defeated former Gov. Andrew Cuomo in the New York City Democratic mayoral primary race in a surprising victory on Tuesday.
Money could be coming the way of some AT&T users through a nine-figure settlement that stemmed from lawsuits about a pair of data breaches the company experienced in the past.