MBA Mortgage Applications Composite Index: -10.5% to 310.7, compared to -10.9% to 347.1 in the prior week. Purchase Index: -5.4% to 163.6, vs. +0.9% to 172.9 a week ago. Refinance Index: -14.6% to 1,145.0, vs. -18.5% to 1,341.0 prior. 30-year fixed-rate mortgages came in at 6.43%, compared to 6.30% last week. “The threat of higher for longer oil prices continued to keep Treasury yields elevated, a...
MBA Mortgage Applications Composite Index: -10.5% to 310.7, compared to -10.9% to 347.1 in the prior week. Purchase Index: -5.4% to 163.6, vs. +0.9% to 172.9 a week ago. Refinance Index: -14.6% to 1,145.0, vs. -18.5% to 1,341.0 prior. 30-year fixed-rate mortgages came in at 6.43%, compared to 6.30% last week. “The threat of higher for longer oil prices continued to keep Treasury yields elevated, and mortgage rates finished last week higher. The 30-year fixed rate rose to 6.43 percent, more than 30 basis points higher than at the end of February and at its highest level since October 2025,” said Joel Kan, MBA’s vice president and deputy chief economist. “Higher mortgage rates, coupled with affordability constraints and economic uncertainty, pushed some potential homebuyers to the sidelines,” Kan added. More on mortgages Gold Loses Its Luster As Stagflation Risk Jumps On Iran War War And Bonds Calming Inflationary Fears Is Job Number One A move above 4.5% on the US10Y would be a ‘tipping point’ for stocks – Schroders US2Y surges toward 4% as weak auction signals cracks in demand
Investing.com -- Shares of Arm Holdings have jumped 13% premarket on Wednesday after upbeat assessments from analysts, who said the company’s first internally built processor marks a major expansion of its business model and long-term earnings power.
Investing.com -- Shares of Arm Holdings have jumped 13% premarket on Wednesday after upbeat assessments from analysts, who said the company’s first internally built processor marks a major expansion of its business model and long-term earnings power.
Hong Kong’s universities have recorded their sharpest declines in three years in global subject rankings, with more than half of the 266 offerings – including data science and AI – slipping down their respective tables, according to a UK-based education analyst. Despite the overall drop, dentistry at the University of Hong Kong (HKU) remained second in the world – the city’s highest-ranked subject...
Hong Kong’s universities have recorded their sharpest declines in three years in global subject rankings, with more than half of the 266 offerings – including data science and AI – slipping down their respective tables, according to a UK-based education analyst. Despite the overall drop, dentistry at the University of Hong Kong (HKU) remained second in the world – the city’s highest-ranked subject – while performing arts at the Hong Kong Academy for Performing Arts (HKAPA) regained its 10th...
AlexLMX/iStock via Getty Images Sandisk ( SNDK ) wholly-owned subsidiary, Sandisk Technologies, has entered into a private placement subscription agreement to make an equity investment in semiconductor firm Nanya Technology. Nanya focuses on developing, manufacturing, and selling DRAM memory. The company offers a full range of DRAM products and has developed 10nm-class technology to support the ne...
AlexLMX/iStock via Getty Images Sandisk ( SNDK ) wholly-owned subsidiary, Sandisk Technologies, has entered into a private placement subscription agreement to make an equity investment in semiconductor firm Nanya Technology. Nanya focuses on developing, manufacturing, and selling DRAM memory. The company offers a full range of DRAM products and has developed 10nm-class technology to support the next three generations of DRAM, including the DDR5 and LPDDR5 products. Pursuant to the deal , Sandisk Technologies agreed to purchase around 139M shares of Nanya common stock for ~$1B, representing ~3.9% of Nanya’s outstanding common stock on a fully diluted basis following the transaction. The purchase price reflects a 15% discount to Nanya’s 30-day average trading price, consistent with the Taiwan Securities and Exchange Act and applicable regulations. Concurrently with investment, Nanya will supply Sandisk Technologies with DRAM products via multi-year strategic supply arrangement. More on Sandisk Corporation SanDisk's Quiet AI Boom Could Still Surprise Investors Sandisk: This Nvidia GTC 2026 Announcement Could Be A Game Changer Sandisk May Not Be Peaking Yet - Buy Top performing large-cap stocks YTD as volatility hits markets Sandisk in focus as Citi ups price target after Micron results suggest continued strength
The world for SoFi Technologies (NASDAQ: SOFI) just became messier. A famous short seller -- Muddy Waters Research -- released a report last week alleging that the fast-growing lender is engaging in misleading accounting to boost its reported profitability to shareholders. Now, SoFi's stock has fallen below $20 and is down almost 50% from all-time highs set earlier in 2025. The company claims that...
The world for SoFi Technologies (NASDAQ: SOFI) just became messier. A famous short seller -- Muddy Waters Research -- released a report last week alleging that the fast-growing lender is engaging in misleading accounting to boost its reported profitability to shareholders. Now, SoFi's stock has fallen below $20 and is down almost 50% from all-time highs set earlier in 2025. The company claims that this short report has no merit, and the longtime CEO, Anthony Noto, recently bought shares in the open market. Here's what the insider buy could mean, and whether now is a great time to buy the dip on SoFi stock. SoFi operates as a digital disruptor for the banking world. With the tag line "Get Your Money Right," it wants to become a mobile app that lets customers save money and take out loans. It offers dozens of products, including high-yield savings accounts, credit cards, and personal loans. With high interest rates compared to the competition, SoFi has been able to rapidly attract deposits from customers. It added $4.6 billion in deposits last quarter alone, bringing its total to just under $38 billion. Continue reading