china trade tensions

WASHINGTON | US average mortgage rates fall; 30-year loan at 4.75%

WASHINGTON — U.S. long-term mortgage rates fell this week amid a steep decline in stock prices. Continued slides in the stock market and tumbling oil prices have been pushing mortgage rates lower, although home borrowing rates remain much higher than a year ago. Mortgage giant Freddie Mac said Thursday the average rate on the benchmark … Continue reading WASHINGTON | US average mortgage rates fall; 30-year loan at 4.75%

NEW YORK | US stocks give up big early gain after two-day tumble

NEW YORK  — A big early gain for U.S. stocks has mostly evaporated Friday, leaving major indexes only somewhat higher after two days of steep losses. Stocks remain volatile after the plunge, and they are on track for their biggest weekly losses in six months as investors have been rattled by big increases in interest … Continue reading NEW YORK | US stocks give up big early gain after two-day tumble