Yearly Archives - 2022

US mortgage rates surge to 5.87% their biggest move since 1987

17 Jun 2022 - Major indexes have notched big declines in 2022 as high inflation, rising interest rates and growing concerns about corporate profits and economic growth dent investors appetite for risk. The Dow is now down 18% this year, while the S&P 500 is down 23% and the tech-heavy Nasdaq has fallen 32%.

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