rates (Page 2)

Baltic Dry Index jumps to nearly two-month high as capesize spot rates spike (NYSE:ZIM)

bfk92/E+ via Getty Images The Baltic Exchange’s main sea freight index surged to its highest level in nearly two months on Monday, as spot rates for capesize vessels spiked to break through the $30K/day level. The overall Baltic Dry index (BDIY:IND), which factors in rates for capesize, panamax and supramaxContinue Reading

Long-term mortgage rates hit 3-month low, to keep falling over summer (NYSEARCA:XHB)

MarianVejcik Long-term mortgage rates fell to their lowest level in about three months, and are expected to continue to come down over the summer months, according to the Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.86% as of June 27, down from 6.87% last week but higher thanContinue Reading