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22/05/2026
Brent crude oil breaks through $109 per barrel, up 3.80% on the day.
Latest
4 m ago
Germany's Rheinmetall RHM has passed bond financing for the first time since 2010, with a subscription amount exceeding 3.9 billion euros.
6 m ago
Market news: Tesla plans to purchase equipment worth approximately $30 billion.
7 m ago
Two sources said that after the Russian Norsi Oil Refinery was attacked by drones on May 20th, the CDU-6 main processing unit has been shut down.
7 m ago
US mortgage rates rise to highest level since August as war pushes up inflation
8 m ago
According to The Wall Street Journal, mortgage rates in the United States this week have risen to the highest level since August of last year. This is undoubtedly another bad news for home buyers, especially during what is typically the busiest time of year for real estate sales. The mortgage institution Freddie Mac reported on Thursday that the average rate for a 30-year fixed mortgage has risen to 6.51% this week, up from 6.36% the previous week. Additionally, rising costs of home insurance and property taxes in many areas have also deterred buyers. The increase in mortgage rates this year has reversed the downward trend since the second half of 2025. However, current mortgage rates are still lower than they were a year ago, and some buyers are taking advantage of the quieter market to make purchases. According to data from the Mortgage Bankers Association of America, mortgage applications for home purchases decreased from the previous week, but increased by 8% compared to the same period last year.
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