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    Malakoff Shares Fall After First-Quarter Loss

    Malakoff Shares Fall After First-Quarter Loss

    Shell Agrees to Pay $10 Million for Air Pollution at Massive New Pennsylvania Petrochemical Plant

    Shell Agrees to Pay $10 Million for Air Pollution at Massive New Pennsylvania Petrochemical Plant

    Do Not Call: States Sue Telecom Company Over Billions of Robocalls

    Do Not Call: States Sue Telecom Company Over Billions of Robocalls

    Wall Street Slides as Debt Worries Worsen

    Wall Street Slides as Debt Worries Worsen

  • NYSE
    RLJ Lodging Trust (NYSE:RLJ) Short Interest Down 13.0% in May

    RLJ Lodging Trust (NYSE:RLJ) Short Interest Down 13.0% in May

    Big Lots’ stock tumbles toward 32-year low after losses nearly double forecasts, dividend is suspended

    Big Lots’ stock tumbles toward 32-year low after losses nearly double forecasts, dividend is suspended

    Eversource Energy (NYSE:ES) Stock Price Down 2.8% Following Analyst Downgrade

    Eversource Energy (NYSE:ES) Stock Price Down 2.8% Following Analyst Downgrade

    Albany International (NYSE:AIN) Seems To Use Debt Quite Sensibly

    Albany International (NYSE:AIN) Seems To Use Debt Quite Sensibly

  • NASDAQ
    ACV Auctions Inc. (NASDAQ:ACVA) Short Interest Down 8.5% in May

    ACV Auctions Inc. (NASDAQ:ACVA) Short Interest Down 8.5% in May

    Is Cognizant Technology Solutions (NASDAQ:CTSH) A Risky Investment?

    Is Cognizant Technology Solutions (NASDAQ:CTSH) A Risky Investment?

    Adicet Bio, Inc. (NASDAQ:ACET) Sees Significant Decline in Short Interest

    Adicet Bio, Inc. (NASDAQ:ACET) Sees Significant Decline in Short Interest

    Nikola stock falls after EV maker receives notice of noncompliance with minimum-price listing requirement

    Nikola stock falls after EV maker receives notice of noncompliance with minimum-price listing requirement

  • OTC
    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    Corus Entertainment 4Q Profit Falls

    Corus Entertainment 4Q Profit Falls

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

  • TSX
    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    Bitcoin Is Falling: Should You Buy the Dip?

    Bitcoin Is Falling: Should You Buy the Dip?

    CN Rail Stock Is So Undervalued That it’s Absurd

    CN Rail Stock Is So Undervalued That it’s Absurd

  • News
    Malakoff Shares Fall After First-Quarter Loss

    Malakoff Shares Fall After First-Quarter Loss

    Shell Agrees to Pay $10 Million for Air Pollution at Massive New Pennsylvania Petrochemical Plant

    Shell Agrees to Pay $10 Million for Air Pollution at Massive New Pennsylvania Petrochemical Plant

    Do Not Call: States Sue Telecom Company Over Billions of Robocalls

    Do Not Call: States Sue Telecom Company Over Billions of Robocalls

    Wall Street Slides as Debt Worries Worsen

    Wall Street Slides as Debt Worries Worsen

  • NYSE
    RLJ Lodging Trust (NYSE:RLJ) Short Interest Down 13.0% in May

    RLJ Lodging Trust (NYSE:RLJ) Short Interest Down 13.0% in May

    Big Lots’ stock tumbles toward 32-year low after losses nearly double forecasts, dividend is suspended

    Big Lots’ stock tumbles toward 32-year low after losses nearly double forecasts, dividend is suspended

    Eversource Energy (NYSE:ES) Stock Price Down 2.8% Following Analyst Downgrade

    Eversource Energy (NYSE:ES) Stock Price Down 2.8% Following Analyst Downgrade

    Albany International (NYSE:AIN) Seems To Use Debt Quite Sensibly

    Albany International (NYSE:AIN) Seems To Use Debt Quite Sensibly

  • NASDAQ
    ACV Auctions Inc. (NASDAQ:ACVA) Short Interest Down 8.5% in May

    ACV Auctions Inc. (NASDAQ:ACVA) Short Interest Down 8.5% in May

    Is Cognizant Technology Solutions (NASDAQ:CTSH) A Risky Investment?

    Is Cognizant Technology Solutions (NASDAQ:CTSH) A Risky Investment?

    Adicet Bio, Inc. (NASDAQ:ACET) Sees Significant Decline in Short Interest

    Adicet Bio, Inc. (NASDAQ:ACET) Sees Significant Decline in Short Interest

    Nikola stock falls after EV maker receives notice of noncompliance with minimum-price listing requirement

    Nikola stock falls after EV maker receives notice of noncompliance with minimum-price listing requirement

  • OTC
    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    Corus Entertainment 4Q Profit Falls

    Corus Entertainment 4Q Profit Falls

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

  • TSX
    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    Bitcoin Is Falling: Should You Buy the Dip?

    Bitcoin Is Falling: Should You Buy the Dip?

    CN Rail Stock Is So Undervalued That it’s Absurd

    CN Rail Stock Is So Undervalued That it’s Absurd

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Mortgage Rates Dip Lower This Week; 30-Year Loan at 2.86%

Editorial Staff by Editorial Staff
September 17, 2021
0
Mortgage Rates Dip Lower This Week; 30-Year Loan at 2.86%

Average long-term mortgage rates dipped lower this week as economic prospects continued muted amid a wave of new delta variant coronavirus cases.

WASHINGTON — Average long-term mortgage rates dipped lower this week as economic prospects continued muted amid a wave of new delta variant coronavirus cases. They remained under 3%.

Mortgage buyer Freddie Mac reported Thursday that the average rate for a 30-year mortgage edged down to 2.86% from 2.88% last week. That’s very close to where the benchmark rate stood at this time last year, 2.87%. It peaked this year at 3.18% in April. Home loan rates fell in the early summer and then remained steady despite increases in inflation.

The rate for a 15-year loan, a popular option for homeowners refinancing their mortgages, fell to 2.12% from 2.19% last week.

Anxiety abounds that the highly contagious delta variant could cause the economic recovery from the pandemic to stall by reducing employment and dampening consumer spending. Vaccine hesitancy has been cited by economists as a significant factor after the government reported this month that employers added just 235,000 jobs in August, far short of the million or so added in each of the previous two months.

A new government report Thursday showed that the number of Americans seeking unemployment benefits moved up last week to 332,000 from a pandemic low, a sign that the spread of the delta variant may have slightly increased layoffs.

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CNH Industrial (NYSE:CNHI) Use Of Debt Could Be Considered Risky

CNH Industrial (NYSE:CNHI) Use Of Debt Could Be Considered Risky

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Malakoff Shares Fall After First-Quarter Loss

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