Today: 6 June 2026
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OTCQX:FMCC 16 March 2026 - 5 June 2026

Mortgage Rates Ease Some, Demand Remains Weak

Mortgage Rates Ease Some, Demand Remains Weak

U.S. mortgage rates dipped to 6.48% but failed to revive buyer demand, with mortgage applications down 2.5% and purchase applications at their slowest pace since April, as high borrowing costs and tight budgets continue to weigh on the spring housing market despite a 2.4% drop in median list prices, according to Freddie Mac, MBA, and Realtor.com.
5 June 2026
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Mortgage Rates Today: 30-Year Fixed Slips From Recent Highs as Treasury Yields Fall, Mortgage Stocks Split

Mortgage Rates Today: 30-Year Fixed Slips From Recent Highs as Treasury Yields Fall, Mortgage Stocks Split

U.S. 30-year fixed mortgage rates fell to 6.36% Monday, down from 6.41% Friday, as the 10-year Treasury yield slipped to 4.224%. Existing-home sales rose 1.7% in February, while mortgage applications and builder sentiment showed uneven demand. Rocket Companies shares gained 4.5%, but UWM Holdings and loanDepot declined. Markets expect the Fed to hold rates steady this week.
16 March 2026
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Stock Market Today

  • Corebridge Financial (CRBG) Valuation Review Amid Recent Price Fluctuations
    June 6, 2026, 11:10 AM EDT. Corebridge Financial's (CRBG) stock has gained 1.7% in the past day but dropped 4.2% over the last month, trading at $26.86. The company shows mixed momentum with a 5.96% return over 90 days but an 11.56% decline year-to-date. Analysts place its fair value at $35.08, suggesting it is about 23.4% undervalued based on long-term earnings projections and a discount rate of 8.74%. Investments in AI and digital modernization have improved margins and reduced expenses. However, the stock's price-to-earnings ratio of 50.1 times is significantly higher than industry and peer averages, indicating a rich valuation that could amplify risks if growth assumptions falter. Investors should weigh potential mispricing against risks tied to future interest rate trends and partnership stability.

Latest articles

Altria Stock Outperformed in a Rough Week, With DC Still in Focus

Altria Stock Outperformed in a Rough Week, With DC Still in Focus

6 June 2026
Altria surged 2.25% to $72.19 Friday—defying a 2.6% S&P 500 drop—as investors weighed Senate scrutiny over FDA vape policy and a looming June 15 dividend cutoff; the stock gained 3.8% for the week, sits 3% below its 52-week high, and reaffirmed 2026 EPS guidance of $5.56–$5.72.
General Mills Stock Rises as Market Slips, But Gains Look Shaky

General Mills Stock Rises as Market Slips, But Gains Look Shaky

6 June 2026
General Mills (GIS.N) jumped 2.95% to $33.15 Friday as investors sought defensive stocks during a U.S. selloff, but the stock remains about 2% below last week’s close, with analysts’ average price target at $31 signaling downside risk amid weak sales and earnings; investors await July 1 results for signs of real recovery.
Berkshire Hathaway Shares Up After Greg Abel Makes $16.8 Billion Move

Berkshire Hathaway Shares Up After Greg Abel Makes $16.8 Billion Move

6 June 2026
Berkshire Hathaway’s Class B shares jumped 1.98% to $488.13 after announcing $16.8 billion in deals—including the $6.8 billion Taylor Morrison buyout and a $10 billion private placement in Alphabet—even as the S&P 500 and Nasdaq plunged, marking CEO Greg Abel’s first major capital-allocation moves and shifting Berkshire from a cash-hoard to a deployment story.
Enphase Drops 18% Ahead of Market Open

Enphase Drops 18% Ahead of Market Open

6 June 2026
Enphase Energy plunged 18% to $56.07 Friday, underperforming solar peers as U.S. jobs data sent bond yields higher and revived interest rate fears; the stock ended the week 12% below Monday’s close, with Q1 revenue down 18% and U.S. demand off 48% from last quarter, putting Monday’s open in sharp focus for investors.
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