US MBA 30-Year Mortgage Rate (Jan/16) 6.16% (Prev. 6.18%)
The slight decline in the US 30-Year Mortgage Rate to 6.16% from 6.18% may suggest a marginal easing in borrowing costs, which could potentially stimulate housing demand.
UK PM Starmer says Trump wants him to yield on his position, and he won't
Senior White House official says US President Trump speech in Davos to focus on America first, may touch on Greenland and Venezuela; to also focus on board of peace and hemispheric domination
US MBA 30-Year Mortgage Rate (Jan/16) 6.16% (Prev. 6.18%)
Kazakhstan's TengizChevroil has declared a force majeure on the Tengiz oil project; is not able to state how long it will last
Travelers Companies Inc. (TRV) Q4 2025 (USD): Adj. EPS 11.13 (exp. 8.65), Revenue 12.4bln (exp. 11.15bln); authorizes an additional USD 5.0bln of share repurchases
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However, the change is relatively small and might not significantly alter the broader trend of high rates that have been impacting the housing market. Traders should monitor how this fits into overall economic sentiment and future rate expectations.
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