Browsing: today

The average interest rate on a 30-year, fixed-rate mortgage remains flat at 7.20% APR, according to rates provided to NerdWallet by Zillow. This is unchanged from yesterday and four basis points lower than a week ago. (See our chart below for more specifics.) A basis point is one one-hundredth of a percentage point.

Mortgage rates have been creeping higher since Monday, but it hasn’t been a dramatic shift. For now, rates appear to be heading back to roughly where they were last week, before a flurry of anxiety over AI profits prompted investors to pile into the bond market. Making matters worse, rates aren’t rising because concerns about…

The dynamic we’ve seen most of this week of investors losing confidence in big tech and turning to bonds is in full effect this morning. A pretty significant slump for the tech sector yesterday is showing up as a sizable drop in mortgage rates today. We’re still above 7%, but this is the lowest our…

The average interest rate on a 30-year, fixed-rate mortgage rose to 7.35% APR, according to rates provided to NerdWallet by Zillow. This is three basis points higher than yesterday but six basis points lower than a week ago. (See our chart below for more specifics.) A basis point is one one-hundredth of a percentage point.

The average interest rate on a 30-year, fixed-rate mortgage ticked down to 7.32% APR, according to rates provided to NerdWallet by Zillow. This is nine basis points lower than yesterday and 11 basis points lower than a week ago. (See our chart below for more specifics.) A basis point is one one-hundredth of a percentage…

The average interest rate on a 30-year, fixed-rate mortgage rose to 7.41% APR, according to rates provided to NerdWallet by Zillow. This is four basis points higher than Friday but one basis point lower than a week ago. (See our chart below for more specifics.) A basis point is one one-hundredth of a percentage point.

Bangladesh has emerged as a global powerhouse in the gig economy. A 2017 study by the Oxford Internet Institute (OII) shows that Bangladesh has the second-largest supply of online labourers, with a labour share of 16 percent. According to a 2023 report from Prothom Alo, there are approximately 6,50,000 active freelancers in the country, contributing…