Mortgage Rates Touch 6% Threshold: What It Means for Spring Homebuyers
30-year mortgage rates fall to 5.99%, breaking the psychological 6% barrier for the first time since 2022. Experts debate whether this opens the door for spring buyers.
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30-year mortgage rates fall to 5.99%, breaking the psychological 6% barrier for the first time since 2022. Experts debate whether this opens the door for spring buyers.
Real consumer spending growth expected to drop to 1.5% in 2026 as K-shaped economy emerges—higher-income households drive growth while lower-income Americans cut back.
The U.S. Chamber Small Business Index hits record 72.0 as 74% of business owners express optimism for 2026 despite concerns about tariffs and inflation.
Private employers added 183,000 jobs in January according to ADP, bouncing back from December's weak 41,000 gain and suggesting the labor market remains resilient.
Richmond Fed President Tom Barkin says the 1.75 percentage points of rate cuts since late 2024 have supported employment while inflation remains about one percentage point above the 2% target.
President Trump signs Consolidated Appropriations Act 2026 after House passes bill 217-214, reopening federal agencies and securing back pay for furloughed workers.
Alphabet reports Q4 2025 earnings Wednesday with investors expecting $111 billion revenue as the company's massive AI investments face their biggest test yet.
The IRS has raised 401(k) contribution limits to $24,500 for 2026, with a new 'super catch-up' provision allowing workers ages 60-63 to contribute up to $35,750 annually.
Chinese automaker BYD sold 2.25 million electric vehicles in 2025 versus Tesla's 1.64 million, marking the first time in over a decade that Tesla has lost the EV crown.
The U.S. Energy Information Administration projects gasoline will average $2.90 per gallon in 2026 as global oil production outpaces demand, providing consumer relief.
UPS announces 30,000 operational job cuts as labor economists warn 2026 will feature slow hiring, AI-driven layoffs, and the longest unemployment spells since the Great Recession.
Indian benchmark indices rally sharply as the Sensex gains 1,929 points and Nifty jumps 574 points following the US-India trade agreement that slashes tariffs to 18%.