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A Fed Rate Hike Tests Housing’s New ‘Rate Normal’

The Federal Reserve raised its benchmark interest rate by 25 basis points to about 3.9%, pushing borrowing costs higher as average 30-year fixed mortgages hover above 7%.

#real-estate#federal-reserve#mortgage-rates#housing-market#inflation
AI Synthesizedvia HousingWire
1d ago

Lithuania Ready to 'Fight Back' Against Russian Threats, PM Says

Lithuanian Prime Minister Mindaugas Sinkevičius told BBC Newsnight that Lithuanians feel constantly threatened by Russia, confirming active evacuation plans and vowing that the country will fight back if attacked.

#lithuania#nato#russia#defense#geopolitics
AI Synthesizedvia BBC World