U.S. mortgage interest rates saw slight changes last week as applications for refinancing increased, even though home purchase applications dipped.
The average interest rate for 30-year mortgages in the U.S. edged up from 6.84% to 6.88% during the week ending June 20, according to the Mortgage Bankers Association (MBA). While applications for home purchases declined by 0.4%, refinancing requests rose by 3%. Meanwhile, the average rate for 15-year mortgages decreased slightly from 6.14% to 6.11%.
MBA Vice President Joel Kan attributed these shifts to falling bond yields influenced by Middle East conflicts, economic conditions, and last week's Federal Reserve meeting. Despite a minor rise in mortgage rates, they stayed within a narrow range, with overall applications rising modestly, largely driven by refinancing activity.
A landmark gathering of commercial and political minds has convened in the Kyrgyz capital, signalling a significant shift in Washington’s foreign po...
Israeli tank shelling and airstrikes killed at least 18 people, including four children, in Gaza on Wednesday, Palestinian officials said, as Israel h...
The World Health Organization has added the Nipah virus to its list of the world’s top 10 priority diseases, alongside COVID-19 and the Zika virus, ...
Azerbaijan’s President Ilham Aliyev and Armenia’s Prime Minister Nikol Pashinyan met in Abu Dhabi, February 4, reaffirming momentum in their peace...
Images from Iran's Paya (Tolu 3) Earth observation satellite have been officially displayed for the first time by the Ministry of Information and Comm...
A landmark gathering of commercial and political minds has convened in the Kyrgyz capital, signalling a significant shift in Washington’s foreign policy approach towards the Eurasian heartland.
Israeli tank shelling and airstrikes killed at least 18 people, including four children, in Gaza on Wednesday, Palestinian officials said, as Israel halts the passage of patients through the Rafah border crossing into Egypt.
The World Health Organization has added the Nipah virus to its list of the world’s top 10 priority diseases, alongside COVID-19 and the Zika virus, warning that its epidemic potential highlights the global risk posed by fast-spreading outbreaks.
Azerbaijan’s President Ilham Aliyev and Armenia’s Prime Minister Nikol Pashinyan met in Abu Dhabi, February 4, reaffirming momentum in their peace process and highlighting growing trade, connectivity and confidence-building measures.
Talks with the U.S. should be pursued to secure national interests as long as "threats and unreasonable expectations" are avoided, President Masoud Pezeshkian posted on X on Tuesday (3 February).
Cuba’s Deputy Foreign Minister Carlos Fernández de Cossío has denied that Havana and Washington have entered formal negotiations, countering recent assertions by U.S. President Donald Trump, while saying the island is open to dialogue under certain conditions.
Mexico said it will stop sending oil to Cuba as U.S. President Donald Trump ramped up pressure on the Caribbean nation.
Iranian media outlets have backtracked on claims President Masoud Pezeshkian ordered a return to nuclear talks with the United States, fuelling fresh uncertainty over the state of diplomacy between the two rivals.
Web Summit Qatar 2026 opened in Doha on Sunday, drawing tens of thousands of founders, investors, policymakers and technology leaders to what organisers describe as one of the region’s largest digital economy gatherings.
Thousands of documents linked to the late sex offender Jeffrey Epstein have been taken down from the U.S. Justice Department’s (DOJ) website after victims and their lawyers warned that sensitive personal information had been exposed.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 4rd of February, covering the latest developments you need to know.
U.S. Secretary of State Marco Rubio met with Indian Foreign Minister Subrahmanyam Jaishankar on Tuesday (February 3) one day after the U.S. and India signed a trade deal.
British Prime Minister Keir Starmer spoke to U.S. President Donald Trump on Tuesday and discussed the situation in Ukraine, including the overnight Russian attacks on the country, the UK government said.
U.S. President Donald Trump on Tuesday (3 February) signed a spending deal into law that ends a partial U.S. government shutdown and gives lawmakers time to negotiate potential limits on his immigration crackdown.
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