Meta boosts investment in West Texas AI data center by over sixfold to $10 billion

Meta is increasing investment at a data center in El Paso, Texas, to $10 billion from $1.5 billion, as the company ramps up spending on AI infrastructure.

Fannie Mae accepts first crypto-backed mortgage product

Better Home and Finance is partnering with Coinbase on a crypto-backed mortgage that conforms to Fannie Mae guidelines.

Fannie Mae to allow crypto-backed loans

CNBC's Diana Olick reports on news regarding the housing market.

Mortgage Rates Average 6.38%

Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.38%. "Mortgage rates this week averaged 6.38%," said Sam Khater, Freddie Mac's Chief Economist. “The housing market continues to show gradual improvements c