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The Bank of Japan Could Trigger a Giant Short Squeeze

InvestorPlace 

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

The yen continues to fall, potentially forcing the Bank of Japan to start buying up the currency. If that happens, brace for a squeeze.

The post The Bank of Japan Could Trigger a Giant Short Squeeze appeared first on InvestorPlace.

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Average rate on a 30-year mortgage eased this week to 6.86%, lowest level since early April

Times Union 

The average rate on a 30-year mortgage eased again this week, extending a welcome trend for prospective homebuyers facing record-high home prices. The rate fell to 6.86% from 6.87% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.71%. This is the fourth straight weekly drop in the rate, which has mostly hovered around 7% this year. Home sales have been falling in recent months as the elevated rates, which can add hundreds of dollars a month in costs for borrowers, have put off many home shoppers.