The main fixed rate mortgage rates were essentially unchanged on Wednesday, even as Fed Chair Janet Yellen's comments caused to the market to revise upward its estimate of the probability of a rate hike next month.
Mortgage rates were little changed on Monday; meanwhile, Deutsche Bank thinks commercial mortgage-backed securities -- particularly those supported by malls -- could be the next "big short."
Mortgage rates were slightly higher on Friday. Meanwhile, the U.S. economy added 227,000 jobs in the month of January, beating expectations and providing evidence that the "Trump effect" on animal spirits has had an early economic impact.
The main mortgage rates were roughly unchanged on Wednesday, as the Federal Reserve decided to stand pat on interest rates. Caution may be warranted as the Fed steps onto a different tightrope, courtesy of the new administration.
Mortgage rates spiked in in the wake of Donald Trump's election last November; however, Monday's release from the National Association of Realtors suggests this was not enough to discourage homebuyers in December.
Exchanged-traded funds (ETFs) represent a legitimate advance in the fund management industry -- one that has been validated by their success. Here are three ETF trends from 2016 that investors can expect will continue shaping the sector through 2017.
The main fixed-rate mortgage rates were unchanged on Tuesday; meanwhile, "Bond King" Bill Gross warned that the 10-year Treasury yield is approaching a level that signals a secular bear market in bonds. Potential homebuyers ought to take note.
The main fixed-rate mortgage rates are lower on Monday relative to a week prior; meanwhile, Federal Reserve Bank of Boston president Eric Rosengren says the economy is near its sweet spot, requiring "a more regular increase" in the Fed's policy interest rate.
In April 2016, Facebook introduced a plan to create a new share class that would amount to a 3-for-1 stock split.
In his 2015 letter, Warren Buffett warned Berkshire Hathaway shareholders that prospects for the reinsurance industry had dimmed. However, as this week's $1.5 billion deal with The Hartford illustrates, five operating principles will enable Berkshire's reinsurance activity to beat competitors and remain comfortably profitable.
Penny stocks are low-priced shares belonging to very small companies, with offering documents that the SEC hasn't vetted. What does 2017 hold for these stocks? Fraud, market manipulation, and, ultimately, massive losses.
You'll need to go somewhat off the beaten path, but it is possible -- easy, even -- to lose all your money in the stock market if you know where to look. Here are two ways to do it.
That Tesla shareholders approved the acquisition-bailout of SolarCity proves that investing in the company has become an act of blind faith, not a rational financial decision.
Switch off the self-appointed oracles on CNBC and stop reading forecasts for 2017: You're betting off not caring what happens this year in the market.
Warren Buffett's net worth increased by $11 billion in 2016 -- a performance that surpassed all his billionaire peers. To explain that performance, other numbers illustrate two of Berkshire Hathaway's "Owner-Related Business Principles."
Stock market strategists are forming a tight herd when it comes to forecasting the S&P 500's prospects in 2017, demonstrating the absurdity of this game. Investors should be paying more attention to something that matters: forecasts of mediocre long-term returns.
After falling to historical lows in July, 30-year and 15-year mortgage rates shot up to finish 2016 near their five-year highs. Between the "Trump reflation" and the Federal Reserve's expectation for three rate hikes in 2017, the rate cycle may have finally turned.
Freddie Mac's Primary Mortgage Market Survey for the week ending Dec. 29 showed the 30- and 15-year mortgage rates close out the year with their ninth consecutive weekly increase.
Mortgage rates rose slightly on Wednesday; meanwhile, the National Association of Realtors' Pending Home Sales Index last month fell to its lowest level since January.
Berkshire Hathaway Inc. has achieved extraordinary success under Warren Buffett's leadership. Here are three things you probably didn't know about his masterwork.