Mortgage rates rise to highest level in over a month
The average rate on a 30-year fixed mortgage rose this week to 6.11%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6%.
Read more …
Trump says US 'largest oil producer in the world,' but priority remains stopping Iran nuclear capabilities
President Donald Trump made light of concerns about rising oil prices, saying his priority is ensuring the "evil" Iranian regime doesn't have nuclear weapons.
Read more …
Energy Secretary Wright says US could soon escort tankers in Strait of Hormuz, but ‘not ready’ yet
Energy Secretary Wright says U.S. Navy may soon escort oil tankers through Strait of Hormuz amid Iran conflict, but military assets focused elsewhere for now.
Read more …