The Mortgage Market Continues To Struggle And Tech Billionaires Battle

TL;DR

• The housing and mortgage markets continue to struggle, despite a pause in the Fed’s rate hikes and falling interest rates
• Meta is reportedly working on a competitor to Twitter called Threads, with Elon Musk hitting out at Zuckerberg in the most Elon way possible – by tweeting him a challenge to a cage fight
• Japan’s stock market is hot right now and Warren Buffet has dropped $20 billion an additional into Japanese companies
• Top weekly and monthly trades

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Major events that could affect your portfolio

With the Fed pausing interest rates for the first time in months, there’s finally a little bit of breathing room in the mortgage market. For the past three weeks we’ve seen the average 30 year mortgage fall, hitting 6.69% compared to 6.79% back on June 1st.