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Real-time News
On August 28th, U.S. mortgage rates rose for the first time in three weeks, further squeezing housing affordability amid a weakening housing market. Freddie Mac data showed that the average rate for a 30-year fixed mortgage rose slightly to 6.66% from 6.65% the previous week, up from 6.56% a year ago. The U.S. housing market has remained sluggish this year. Mortgage rates briefly fell below 6% before the outbreak of the Middle East conflict at the end of February, but have remained above 6.5% since July, with little sign of a decline in financing costs. Thomas Ryan, senior economist for North America at Capital Economics, said, "High interest rates are still keeping the market in a stalemate." He added that if rates eventually fall to around 5%, pent-up demand could be significantly released, but it is unclear in the short term what factors could drive rates down to that level. U.S. new home sales fell to a six-month low in July, with pending sales of newly built single-family homes declining 10.5% to an annualized rate of 607,000 units, below market expectations of 620,000 units.August 28 - According to data released by Nepalese police on the 27th, as of 9 p.m. local time on the 27th, the death toll from flash floods in northern Nepal has risen to 389.Fannie Mae: The average yield on 30-year fixed-rate mortgages in the U.S. was 6.66% in the week ending August 27, up from 6.65% the previous week.The Russian Ministry of Defense stated that the Russian Armed Forces continue to conduct concentrated strikes against military industrial facilities, logistics centers, seaports, and ships serving the Ukrainian Armed Forces.Russian Defense Ministry: Russian troops attacked an oil tanker in the port of Izmail.

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2026/08/28
Important Only
  • 00:09:59

    On August 28th, U.S. mortgage rates rose for the first time in three weeks, further squeezing housing affordability amid a weakening housing market. Freddie Mac data showed that the average rate for a 30-year fixed mortgage rose slightly to 6.66% from 6.65% the previous week, up from 6.56% a year ago. The U.S. housing market has remained sluggish this year. Mortgage rates briefly fell below 6% before the outbreak of the Middle East conflict at the end of February, but have remained above 6.5% since July, with little sign of a decline in financing costs. Thomas Ryan, senior economist for North America at Capital Economics, said, "High interest rates are still keeping the market in a stalemate." He added that if rates eventually fall to around 5%, pent-up demand could be significantly released, but it is unclear in the short term what factors could drive rates down to that level. U.S. new home sales fell to a six-month low in July, with pending sales of newly built single-family homes declining 10.5% to an annualized rate of 607,000 units, below market expectations of 620,000 units.

  • 00:04:28

    August 28 - According to data released by Nepalese police on the 27th, as of 9 p.m. local time on the 27th, the death toll from flash floods in northern Nepal has risen to 389.

  • 00:00:32

    Fannie Mae: The average yield on 30-year fixed-rate mortgages in the U.S. was 6.66% in the week ending August 27, up from 6.65% the previous week.

  • 2026/08/27 23:44:46

    The Russian Ministry of Defense stated that the Russian Armed Forces continue to conduct concentrated strikes against military industrial facilities, logistics centers, seaports, and ships serving the Ukrainian Armed Forces.

  • 2026/08/27 23:42:26

    Russian Defense Ministry: Russian troops attacked an oil tanker in the port of Izmail.

  • 2026/08/27 23:39:14

    Market news: According to sources, Nvidia will launch an employee-funded U.S. political action committee (PAC) called "NVPAC".

  • 2026/08/27 23:39:01

    According to Nikkei: Major Japanese banks have regained access to Mythos AI, a subsidiary of Anthropic, after the United States had previously frozen access.

  • 2026/08/27 23:37:11

    The German DAX 30 index closed up 50.54 points, or 0.19%, at 26,366.45 on Thursday, August 27; the UK FTSE 100 index closed down 81.85 points, or 0.75%, at 10,796.27 on Thursday, August 27; and the French CAC 40 index closed down 142.52 points, or 1.68%, at 8,319.87 on Thursday, August 27; Europe The Stoxx 50 index closed down 44.99 points, or 0.70%, at 6425.75 on Thursday, August 27; the Spanish IBEX 35 index closed down 186.70 points, or 0.93%, at 19880.60 on Thursday, August 27; and the Italian FTSE MIB index closed down 596.99 points, or 1.13%, at 52286.00 on Thursday, August 27.

  • 2026/08/27 23:34:08

    French far-right presidential candidate Marine Le Pen: The party will submit its budget proposal before budget negotiations.

  • 2026/08/27 23:30:09

    August 27th - According to sources, Russia implemented strict spending restrictions after experiencing a liquidity crisis in April, which exposed the escalating costs of the Russia-Ukraine conflict. The sources stated that with the Ministry of Finance's federal budget balance falling to a negative 5.5 trillion rubles (approximately $65.3 billion), Russian Finance Minister Siluanov warned Prime Minister Mishustin that there was insufficient cash that month to make all necessary payments on time.

  • 2026/08/27 23:23:32

    On August 27th, SK Hynix (SKHY.O) held a groundbreaking ceremony for its advanced memory packaging plant in Indiana, USA. The West Lafayette plant, an investment of over $4 billion and covering 133.5 acres, will be SK Hynix's first high-bandwidth memory (HBM) packaging base in the United States. SK Hynix CEO Guo Luzheng stated at the event that the plant's cleanroom is expected to be operational by October 2028, and next-generation HBM mass production is planned to begin in the second half of 2029. Once fully operational, the plant will become a significant HBM production center, expected to employ approximately 1,000 people.

  • 2026/08/27 23:21:36

    Ukrainian President Volodymyr Zelensky has arrived in Moldova.

  • 2026/08/27 23:16:07

    Canadian Finance Minister: After listening to the opinions of Canadian fishermen, the fish tariffs have been eliminated.

  • 2026/08/27 23:15:35

    SK Hynix CEO: We will continue to expand our investment and cooperation in the United States.

  • 2026/08/27 23:14:58

    The Swedish government will donate 10 coast guard vessels to Ukraine.

  • 2026/08/27 23:13:12

    SK Hynix CEO: We are in discussions with more than 100 material, equipment and component partners to establish a local supply chain.

  • 2026/08/27 23:11:42

    SK Hynix CEO: Indiana is expected to become a key HBM production base in the United States.

  • 2026/08/27 23:11:21

    SK Hynix has begun construction on a $4 billion advanced memory packaging plant in Indiana, USA.

  • 2026/08/27 23:09:53

    SK Hynix CEO: Plans to begin mass production of next-generation HBM4E chips at the Indiana plant in the second half of 2029.

  • 2026/08/27 23:09:41

    French far-left presidential candidate Jean-Luc Mélenchon: France will fall into recession if business leaders do not raise wages.

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