Investment
Features
FeesSafety
Academy
More
Pluang+

Mortgage rates hit 6.45%, highest since April, amid geopolitical tensions and rising oil prices.

Market News
29 Apr 2026
CNBC
View Source
Neutral
pluang ai news

Mortgage rates on the 30-year fixed loan rose to 6.45%, the highest since April 3, driven by geopolitical tensions after President Trump's statement on maintaining a naval blockade against Iran. This escalation increased oil prices and bond yields, pushing mortgage rates higher. Despite rising rates, mortgage applications to buy homes increased 21% year-over-year last week, supported by more housing supply and easing prices in some markets. The Federal Reserve is expected to keep interest rates unchanged in its upcoming meeting, while the impact of the latest rate surge on the spring housing market remains uncertain.

More News

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

Market News
Bullish
1 hour ago
Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

Market News
Bullish
3 hours ago
Ethereum's rally faces a key test as staking demand rises despite lower yields.

Ethereum's rally faces a key test as staking demand rises despite lower yields.

Ethereum (ETH) has outperformed Bitcoin (BTC) in Q3, driven by a rally sparked by a softer CPI report and strong on-chain metrics. The recent surge pushed ETH above $1,900, triggering significant liquidations in futures positions. However, ETH now fa...

Technical Signals
Bullish
4 hours ago
Solana surpasses 300,000 real-world asset holders, challenging Ethereum's dominance in tokenized assets.

Solana surpasses 300,000 real-world asset holders, challenging Ethereum's dominance in tokenized assets.

Solana's number of wallets holding tokenized real-world assets (RWAs) has exceeded 300,000, surpassing Ethereum's roughly 200,000 holders. While Solana's RWA value doubled in 2026 to $3.45 billion, Ethereum still leads with $16.3 billion in tokenized...

Protocol Fundamentals
Bullish
4 hours ago
Baidu plans dual-primary listing on Hong Kong Stock Exchange to boost liquidity and investor base.

Baidu plans dual-primary listing on Hong Kong Stock Exchange to boost liquidity and investor base.

Baidu's board has approved a plan to convert to a dual-primary listing on the Hong Kong Stock Exchange's Main Board, alongside its existing Nasdaq listing. This move aims to enhance the liquidity of Baidu's shares, broaden its investor base, and prov...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App