US MBA 30-Year Mortgage Rate (Jan/02) 6.32% (Prev. 6.31%)
The slight increase in the US 30-year mortgage rate from 6.31% to 6.32% may reflect ongoing pressures in the housing market, possibly impacting affordability for buyers.
China VP must closely monitor crop growth, soil moisture, and prevent disasters like cold waves and droughts and ensure safe overwintering of winter wheat, Xinhua reports
Netflix (NFLX) supports Warner Bros. Discovery (WBD) board's commitment to merger agreement
US MBA 30-Year Mortgage Rate (Jan/02) 6.32% (Prev. 6.31%)
Merck (MRK) initiates Phase 3 KANDLELIT-007 Trial Evaluating Calderasib (MK-1084), an Investigational Oral KRAS G12C Inhibitor, in Combination With KEYTRUDA QLEX(TM) (pembrolizumab and berahyaluronidase alfa-pmph) in Certain Patients With Advanced NSCLC
KKR to invest USD 1.5bln in its European data centre business, FT reports
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This marginal rise suggests a continuation of higher borrowing costs, which could weigh on housing demand and—by extension—economic growth. Traders should consider potential implications for sectors sensitive to interest rates, such as real estate and consumer discretionary.
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