According to the Zillow lender marketplace, the average 30-year fixed rate is 6.41%, up 3 basis points since yesterday. The 15-year fixed loan is currently at 5.81%, 7 basis points higher than yesterday. The 5/1 ARM is 6.66%, 34 basis points higher than on Monday. Weekly survey of mortgage lenders with the lowest rates: Leaders price…
According to the June 2026 ICE Mortgage Monitor report, American homeowners tapped their home equity at the highest Q1-level in five years, as more and more homeowners chose not to give up low rates on their first mortgages. Affordable rates on home equity loans and lines of credit make it easier for homeowners to decide…
The chain restaurant sector has battled an array of economic issues over the last five years that have led to location closings and bankruptcy filings. Certain fast-food chains, such as Long John Silver’s, have downsized their businesses dating back to the Great Recession in 2008. More recently, as inflation drove up the costs of labor…
Kevin Heal Chief Compliance Officer & Senior Analyst: Financial Services Kevin is the Chief Compliance Officer for the Argus Research Group. His responsibilities include ensuring that the firm is SEC compliant and adheres to all rules and regulations. He has over thirty years of Wall Street experience with both large investment banks and regional dealers…
Over the past year, platinum has quietly outperformed gold. While gold prices have increased significantly — between April 2025 and 2026, its price went from $3,126 per ounce to $4,785 per ounce — gold’s performance pales in comparison to platinum’s rise. During that same time period, platinum’s price more than doubled. In April 2026, its…
MP Materials Corp (NYSE:MP) stock was last seen down 1.2% at $58.46, heading for its fourth-straight loss. The shares are still up 128% year-over-year, however, with the rare earth manufacturer now retesting support from the 260-day moving average. According to Schaeffer’s Senior Quantitative Analyst Rocky White, MP is trading within 0.75 times the 260-day moving average’s 20-day…
The bills are coming in on AI tools, and suddenly human payrolls don’t look so bad. Companies including Anthropic and OpenAI lured firms in with flat-rate fees and monthly subscriptions, but now they’re pivoting to pay-as-you-go plans, with usage calculated in units called tokens. Must Read Those tokens don’t add up to token amounts. We’re…
With a market cap of $41.2 billion, Crown Castle Inc. (CCI) is a leading communications infrastructure company that owns, operates, and leases approximately 40,000 cell towers and 90,000 route miles of fiber across the United States. Its extensive nationwide network supports small cells, fiber solutions, and wireless connectivity in every major U.S. market. Companies worth more…
(World Oil) – The Railroad Commission of Texas (RRC) assessed more than $1.1 million in enforcement penalties against operators and businesses during its latest open meeting, continuing the agency’s oversight of the state’s oil and gas industry and intrastate pipeline systems. Texas regulators assess $1.1 million in oil and gas penalties- oil and gas360 Commissioners approved a…
David Spector, Chairman & CEO of PennyMac Financial Services (NYSE:PFSI), reported the indirect sale of 10,000 shares of common stock valued at approximately $880,000 via multiple open-market transactions on May 12, 2026, according to an SEC Form 4 filing. Transaction summary Metric Value Shares sold (indirect) 10,000 Transaction value $880,000 Post-transaction shares (direct) 504,401 Post-transaction…
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