Mortgage rates rise on debt downgrade
Mortgage rates rose Wednesday, following Fitch's downgrade of US debt.
Source: cnn.com
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Mortgage rates rose Wednesday, following Fitch's downgrade of US debt.
US markets fell in Wednesday trading following the downgrade of US debt from the highest AAA rating to AA+ by rating company Fitch.
By Bryan Mena, CNN
Cyclical stocks that tend to rise and fall with the economy are rallying, the latest sign that investors are becoming more optimistic about the possibility of a “soft landing,” i.e. no recession.
By Bryan Mena, CNN