There’s one commodity that’s seen a phenomenal gain in prices this year that may have been missed by some investors: rhodium’s value has climbed by more than 50%, extending a rally that saw prices for the metal nearly triple in 2020. Traders haven’t paid more attention to rhodium’s phenomenal rise …
Read More »Home Prices Rise, Mortgage Applications Dip
Mortgage applications decreased for the third straight week – this time down 2.5%, according to the latest report from the Mortgage Bankers Association, as reported by HousingWire. Refinance activity dropped to its slowest pace since September 2020 – down a full 5% – with declines in both conventional and government …
Read More »: Disney+ prices are rising Friday, but you can still lock in a deal
It’s soon going to cost $ 1 more a month to watch your favorite Marvel, Pixar and “Star Wars” stuff. Disney+ is raising its monthly price from $ 6.99 a month to $ 7.99 a month in the U.S. starting Friday, March 26. The annual subscription price will rise too, …
Read More »Futures Movers: Oil prices sink 4% as European COVID curbs raise demand worries
Oil futures fell sharply Tuesday, with concerns that renewed lockdowns to combat the coronavirus pandemic in Europe would crimp energy demand helping to send U.S. prices below the key $ 60 mark. “Optimism around a swift global economic recovery has recently been dampened by setbacks in vaccine rollouts in parts …
Read More »The Big Move: I’m planning to retire soon. Should we sell our home while prices are high — and rent for two years?
‘The Big Move’ is a MarketWatch column looking at the ins and outs of real estate, from navigating the search for a new home to applying for a mortgage. Do you have a question about buying or selling a home? Do you want to know where your next move should …
Read More »Futures Movers: Oil prices head lower, eyeing their first session loss of the month
Oil futures headed lower on Tuesday, poised to post their first session loss of the month, as prices looked to halt a multi-session streak of gains and eased back from their highest levels in more than a year. “After losing momentum through much of January trading, the crude complex has …
Read More »Futures Movers: Oil prices fall as OPEC+ debates expansion of output cuts
Oil futures fell Monday, under pressure as the Organization of the Petroleum Exporting Countries and its allies debate the fate of existing output curbs in the face of a renewed rise in COVID-19 cases in the U.S. and Europe. But crude was still set to log a large monthly rise …
Read More »Metals Stocks: Gold prices decline as stocks, U.S. dollar and yields rise
Gold futures declined in Wednesday dealings, with the precious metal relinquishing some of the modest recovery from the previous session amid a trifecta of headwinds: a stronger U.S. dollar, rising stocks and higher bond yields. “Higher yields in the US are continuing to provide some support for the dollar which, …
Read More »New home sales stay hot as prices soar
Mortgage origination volume is expected to hit a whopping $ 4 trillion for the first time ever. The historically low-interest-rate environment has caused a boon in refinances and purchases, pushing Fannie Mae’s economists to up their predictions for 2020. While refinances are leading the way currently, the purchase market is …
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