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- Mortgage Rate Decline Expected, but Affordability Remains Tight
Mortgage Rate Decline Expected, but Affordability Remains Tight
5 articles I'm watching carefully
Tyler Dupont ![]() Good morning 👋 Here's the latest news I'm tracking today. |
📈 Stocks / Finance
Mortgage Rate Decline Expected, but Affordability Remains Tight
Forecasters anticipate a gradual decline in mortgage rates over the next 18 months, with the 30-year fixed rate potentially dropping to 6.5%-6.6% by late 2025, per Fannie Mae, Wells Fargo, and the MBA. However, even if accurate, these reductions may not significantly ease housing affordability pressures in 2025-2026.
Futures Rebound as Nvidia Earnings Loom
Stock futures edged higher after a rough week, with Nasdaq and S&P 500 futures up 0.5% and Dow futures gaining 0.4%. Investors await Nvidia’s earnings, which follow a volatile month. The PCE inflation report, GDP data, and Trump's shifting tariffs and immigration policies could drive further market moves.
Short Sellers Target Surprising Tech Stocks
Short interest is rising in major tech stocks, with Hazeltree's latest report highlighting Apple, Super Micro Computer, and MicroStrategy among the most crowded short positions. SMCI and MSTR ranked fifth with a score of 96, while AAPL scored 93. Despite Apple's 34% YTD gains, concerns over valuation and China loom.
🪙 Crypto
Altcoins Gain Momentum as Bitcoin Struggles Below $100K
Bitcoin remains below $100,000, with analysts split on its next move, while altcoins show strength. ETH whales accumulated $140M post-Bybit hack, BNB tests key resistance, and XMR eyes a breakout above $245. TAO faces strong resistance at $500 but may rally to $600 if buyers regain control.
🌎 Global Economy
Trump’s Energy Strategy and the Global Market Shift
A potential Russia-Ukraine peace deal could reshape global energy markets, benefiting the US and China. Falling energy prices may aid Trump’s pro-fossil fuel stance while undermining green energy investments. Europe faces a dilemma—cheaper Russian gas or continued US LNG reliance—while China gains from lower costs and green energy expansion.
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