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Mortgage rates fell for the second week in a row, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell to 6.76% from last week's reading of 6.81%.The average rate on a 30-year loan was 7.22% a year ago."In recent weeks, rates for the 30-year fixed-rate mortgage have fallen even lower than the first-quarter […]

The U.S. Chamber of Commerce warned in a new letter to the Trump administration that small businesses need automatic exclusions from tariffs that could undermine their ability to survive.The Chamber wrote Thursday to Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer to convey their concerns about small businesses' ability to handle the financial hit of tariffs and call for small businesses to be excluded […]

General Motors faces billions of dollars in new tariff-related hits to earnings but still plans to hold vehicle prices steady, CEO Mary Barra told FOX Business on Thursday, citing the company's push to expand U.S. production.With the side effects of tariffs looming, something has to give – but, for now, GM says customers won't be paying the price."From a pricing perspective, we've said, and we've included in our guidance, it […]