dip

Stock dip, oil prices jump after U.S. begins partial blockade Strait of Hormuz

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Oil prices jumped above $100 a barrel on Monday and U.S. stocks dipped amid concerns about the impact of President Trump’s plan to blockade Iran’s ports and a partial blockade of the Strait of Hormuz, a key chokepoint for oil, fertilizer and other commodities.  The price of Brent crude, the international benchmark, jumped $7.15, or 7.5%, to $102.30 … Read more

Mortgage rates dip below 6% for the first time in years. Here’s what it means for home buyers.

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Mortgage rates dip below 6% for the first time in years. Here’s what it means for home buyers. – CBS News Watch CBS News For the first time since 2022, 30-year mortgage rates dropped below 6%. CBS News business analyst Jill Schlesinger explains what it means for home buyers and those looking to refinance. Source … Read more