Mortgage applications rise to the highest level in six weeks amid continued decline in interest rates

Mortgage Demand Rebounds as Interest Rates Slide In a sign that the housing market may be starting to pick up some momentum, mortgage demand rose last week as interest rates continued to decline. According to the Mortgage Bankers Association’s seasonally adjusted index, total application volume increased by 3% from the previous week. The average contract…

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SOFI, MCD, WDC, ON, and many others

Midday trading has seen several companies making headlines in the stock market. One such company is SoFi Technologies, whose shares have been fluctuating as traders digest the company’s latest quarterly results. SoFi reported a significant beat in third-quarter revenue and raised its outlook for the full year. The company’s revenue of $531 million surpassed the…

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