Mortgage rates on the 30-year fixed loan surged to 7.45% due to a sharp rise in bond yields, marking the highest level since February. This increase follows inflation concerns, Federal Reserve rate hikes, and stronger economic data, which have collectively pushed rates higher since early September. The rise in mortgage rates adds pressure to an already struggling housing market characterized by high prices, low consumer confidence, and limited affordable home supply. The afternoon bond selloff that drove rates even higher lacked a clear catalyst, reflecting market uncertainty.
The 30-year fixed mortgage rate surged to 7.45%, marking its highest level since February amid rising bond yields and economic concerns. For readers following the financial sector, here is Pluang's market snapshot as of Sep 25, 2026 04:31 WIB: out of 85 priced Financials-sector US stocks tradable on Pluang, 32 rose and 53 fell. Notable movers include LU (Lufax Holding Ltd) at USD 1.35 with a 1-day change of +11.07%, UPST (Upstart Holdings Inc) at USD 24.56 down -5.43%, and AFRM (Affirm Holdings Inc) at USD 71.54 up +5.07%.
Costco reported a strong Q4 earnings per share (EPS) of $6.75, surpassing analyst expectations of $6.54, helped by tariff refunds. Although quarterly revenue of $93.87 billion slightly missed the $94.97 billion forecast, net sales rose 11.2% year-ove...
U.S. spot HYPE ETFs recorded a net inflow of $4.7749 million on September 24, reversing the previous day's outflow of $1.58 million. The Bitwise Hyperliquid ETF (BHYP) was the sole fund to receive inflows, accounting for the entire amount and bringin...
Ethena (ENA) token surged 4.81% within one hour to $0.2352, extending its 24-hour gain to 14.34%. This rise increased its market capitalization to approximately $2.29 billion, ranking it 46th by market value. The price movement was observed on Binanc...
A year after launching FXRP, a programmable representation of XRP on Flare, about 130 million FXRP tokens are now actively used in decentralized finance (DeFi) applications. FXRP allows XRP holders to participate in vaults, staking, and lending marke...
SonicStrategy Inc. acquired an additional 260,000 SYN tokens at about US$0.1923 each, spending roughly US$50,000. This purchase follows a recent acquisition of 500,000 SYN tokens, bringing their total to approximately 760,000 tokens. SYN tokens are l...
