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VINnews·Oct 30, 202645 signal

Housing And Food Reach Highest Share Of U.S. Household Spending In 15 Years

WASHINGTON D.C (VINnews)— American households devoted nearly half of their total expenditures to housing and food in 2025, the largest combined share recorded in 15 years, according to Bureau of Labor Statistics data released this week.​ Join our WhatsApp group Subscribe to our Daily Roundup Email Housing accounted for 33.9% of average annual spending, the [...]

Economy
Mortgage News Daily·Oct 30, 202645 signal

Mortgage Rates End Week at Lows

The rate market continues taking cues from turmoil in the tech sector. That resulted in the lowest rates in more than a month today as tech stocks slide to their lowest levels since July.  The biggest shift for the underlying bond market (bonds dictate rates) came just before 1pm on reports that Anthropic's post IPO credit rating was not likely to be investment grade. That matters because it means Anthropic would face higher borrowing costs.  Given the company's key role in driving the AI buildout, there are two implications that helped bonds/rates today. First, higher borrowing costs mean lower potential debt issuance, and that issuance has been a key factor in pushing interest rates higher in 2026. Second, any headwinds for major AI companies suggest potential economic headwinds given the central role AI plays in the current economic growth cycle. In general, lower/slower economic growth is good for rates/bonds, all else equal.  The average mortgage lender added modestly to yesterday's larger improvement, resulting in a top-tier 30yr fixed rate just under 7.30%. This is the lowest level since September 23rd, 2026.

Economy
Investor's Business Daily·Oct 30, 202645 signal

Weekly Review: Tech Wreck Vs. Rest Of Market

Investors.com will undergo scheduled maintenance from 10:00 PM ET to 2:00 AM ET and some features may be unavailable. We apologize for any inconvenience. StoreSubscribeSign InMy SubscriptionsFounder's...

Economy
Simply Wall St·Oct 30, 202650 signal

Strong Q3 Results Could Change The Case For Medical Properties Trust Stock

Medical Properties Trust reported Q3 2026 funds from operations of $63.8 million and net income of $201.6 million on $250.1 million in revenue, supported by $680 million of asset sale proceeds and a $2.4 billion secured-notes refinancing that extended debt maturities. The sale of nine hospital properties at prices above original investment and more than $750 million of year-to-date cash collections indicate a focus on strengthening the balance sheet, while portfolio rents are currently...

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