The coronavirus pandemic has led to a dramatic decline in mortgage rates. But that doesn’t mean now is a good time to refinance for everyone. Last week, Freddie Mac FMCC, -0.94% reported that mortgage rates hit a new record low for the fourth time this year, with the average rate …
Read More »Market Snapshot: Dow rises and Nasdaq carves out fresh intraday record as Apple, financials power Tuesday gains
[unable to retrieve full-text content] U.S. stock indexes headed higher late-morning Tuesday, with the Nasdaq Composite up for an eighth straight session, helped by improving economic data, after an overnight scare over trade relations with China. MarketWatch.com – Top Stories
Read More »Movement serves record number of families
Movement Mortgage, a top 10 national retail mortgage lender, served more families and closed more loans in April 2020 than in any single month of its 12-year history as a company. More than 9,500 families trusted Movement Mortgage with their home purchases and refinances last month. That means more than …
Read More »Market Extra: Dow faces crucial April test after coronavirus triggers largest first-quarter fall on record
April will pose a crucial test for stock-market investors looking for signs that the worst of the market carnage triggered by the global COVID-19 pandemic is past, as the outbreak continues to claim lives and promises historic, near-term economic pain. Bears contend the sheer uncertainty surrounding the impact of the …
Read More »The Ratings Game: Dropbox stock surges toward best day on record as bulls say profit focus is a turning point
Dropbox shares are surging toward their best single-day performance on record on Friday as bulls say the stock has finally hit a turning point. The cloud-storage company initially got a warm reception from Wall Street when it came public in early 2018, but the stock has languished in recent months …
Read More »The Ratings Game: Nvidia stock eyes new high as record data-center sales prompt analyst love fest
Nvidia Corp.’s stock surged Friday as analysts practically wrote Valentine’s Day notes for the company and raised their price targets after the chip company barreled past expectations in data-center sales following a tough year of revenue declines. Nvidia NVDA, +8.30% stock surged to an intraday high of $ 294.40, and …
Read More »Jeff Reeves’s Strength in Numbers: Bitcoin recently topped $10,000 but don’t expect a run to record highs
Bitcoin is back around $ 10,000. But don’t be fooled into thinking that means the cryptocurrency is destined to revisit previous highs twice this level. I’m not saying this means a collapse. For better or worse, bitcoin BTCUSD, +0.99% is here to stay. But that doesn’t mean that investors should …
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