US 30-year fixed-rate mortgage flirts with 7%

US 30-year fixed-rate mortgage flirts with 7%

WASHINGTON (Reuters) – U.S. mortgage rates jumped to a six-month high this week, suggesting that a recent improvement in home sales could be temporary. The average rate on the popular…
Hedge funds deliver double-digit returns in 2024

Hedge funds deliver double-digit returns in 2024

By Nell Mackenzie and Carolina Mandl LONDON (Reuters) – Some of the world’s largest hedge funds finished 2024 with comfortable double-digit returns, benefiting from chaotic markets, central bank policy changes…