Mortgage rates drop to the lowest level in over a year, pushing refinancing 111% higher annually

A ‘For Sale’ sign is posted beside property for sale in Alhambra, California. Frederic J. Brown | AFP | Getty Images Mortgage interest rates dropped for the fourth straight week last week, spurring both current homeowners and potential homebuyers to call their lenders. Total mortgage application volume increased 7.1% compared with the previous week, according…

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US-EU trade deal in jeopardy over Trump's new tariffs

A trade deal with the US and EU is on hold after President Trump announced new 10 percent tariffs on Denmark and other European countries over his escalating rhetoric over the annexation of Greenland, European leaders said Saturday. Manfred Weber, chairman of the European People’s Party (EPP), said that although it has been approved… Source…

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