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Mortgage charges proceed to rise, however housing market is regularly enhancing. (00:14) Netflix (NFLX) mountain climbing subscription plans to pay for $20B content material price range. (01:05) Senate advances Homeland Safety funding invoice as shutdown strains airports. (01:58)
That is an abridged transcript.
Freddie Mac’s chief economist says, “The housing market continues to point out gradual enhancements in comparison with a 12 months in the past amid latest fee volatility.” Sam Khater famous, “Buy and refinance functions are up year-over-year, and charges stay decrease than final 12 months.”
However charges have elevated week over week.
The most recent Freddie Mac (FMCC) Major Mortgage Survey confirmed
30-year fixed-rate mortgages averaged 6.38% as of March 26, up from 6.22% final week however beneath 6.65% in the identical interval a 12 months in the past.
15-year fixed-rate mortgages averaged 5.75%, up from 5.54% final week and down from 5.89% a 12 months in the past.
Your subsequent Netflix invoice shall be greater.
Netflix (NFLX) is elevating the value of all its subscription plans by at the very least a greenback.
The corporate telegraphed the rise throughout its earnings name in January.
Netflix says it wants the additional cash to assist pay for the corporate’s greater content material price range, anticipated to rise to $20B this 12 months. That’s a $2B improve. This features a slate of dwell occasions, together with the World Baseball Traditional in Japan, podcasts, and a brand new license cope with Sony (SONY).
Efficient instantly, an ordinary plan with advertisements will value $8.99 a month (+$1), customary with no advertisements will value $19.99 a month (+$2), and premium will value $26.99 a month (+$2). The corporate additionally raised its additional member price by a greenback to $7.99 a month (with advertisements) and to $9.99 a month (with out advertisements).
Netflix (NFLX) final raised its subscription charges in January 2025.
President Trump mentioned he plans to signal an order to pay Transportation Safety Administration (TSA) officers instantly.
This comes on the similar time the Senate handed laws to fund a lot of the Division of Homeland Safety (DHS).
However that invoice nonetheless wants approval from the Home and President Donald Trump.
The motion comes amid a weeks-long funding standoff over DHS which oversees the TSA.
The extended partial authorities shutdown has disrupted airport safety resulting in staffing shortages and longer wait instances at airport checkpoints.
In response to a senior administration official, the funds shall be funded utilizing cash from Trump’s 2025 tax and spending invoice.
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President Donald Trump has prolonged a pause on U.S. strikes focusing on Iran’s vitality infrastructure, pushing the deadline to April 6 as diplomatic efforts proceed between Washington and Tehran.
Dow, S&P and Nasdaq futures are within the inexperienced. Crude oil is up 1.3% at $95. Bitcoin is down 1.6% at $67,000. Gold is up 1.4% at $4,442.
The FTSE 100 is down 0.4% and the DAX is down 1%.
The most important movers for the day premarket: Unity Software program (U) +15% – Shares surged after the corporate raised its FQ1 outlook.
Financial calendar:
Editor’s Word: This text discusses a number of securities that don’t commerce on a significant U.S. trade. Please pay attention to the dangers related to these shares.
