Prime rate drops to 6.75%, HELOCs near 7.5%. Homeowners tap $36T equity as mortgage rates stay low.
Housing affordability crisis: Rates need 2% drop in Dallas, Nashville; Pittsburgh rates could rise. Valuations vary wildly.
Fed rate cuts push savings rates below 4% APY, but online banks & credit unions still offer >10x national avg.
30-yr fixed mortgage rates dip to 6.15%, 15-yr at 5.44%. Refi rates also down. Economists see rates steady through 2027.
Orsted's Revolution Wind project (87% complete) faces lease suspension; shares rose 3.7% after a 30% slump last year.
INTU surges on 17.8% billings growth & 26.7% margin; MU boasts 61.7% revenue growth & 7.6x P/E. KHC faces risks with falling margins.
Consumer discretionary stocks return 10.4%, but PVH, MOV, ADT face weak growth & low FCF margins. Watch valuations!
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