In the week ending May 5, mortgage rates rose for the eighth time in nine weeks. 30-year fixed rates jumped by 17 basis points to 5.27%. 30-year fixed rates slipped by one basis point in the week prior.
Geopolitical risks are on the rise in a system with no slack, and that, according to Goldman Sachs commodities research chief, Jeffrey Currie, strengthens his thesis that the case for commodities has rarely been stronger.
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