Author: Daniel snow

[ad_1] A home is seen for sale on April 24, 2025 in Austin, Texas. Brandon Bell | Getty ImagesMortgage interest rates barely moved at all last week, but demand from homebuyers as well as those looking to refinance a current home loan increased.Total mortgage application volume rose 12.5% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. An additional adjustment was made for the Memorial Day holiday. While the weekly move may seem large, the volume is still quite low historically.The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances,…

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[ad_1] Jensen Huang, CEO of Nvidia talks about quantum computing on stage at Nvidia GTC Paris on Wednesday 11 June, 2025.Arjun Kharpal | CNBCNvidia CEO Jensen Huang is growing more bullish about quantum computing — and he expects they’ll start solving real-world problems in the coming years.”Quantum computing is reaching an inflection point,” Jensen declared during his keynote speech at Nvidia’s GTC Paris developer conference Wednesday.Quantum computers are machines that use the laws of quantum mechanics to solve problems too complex for classical computers, which store information in bits (ones and zeroes).Quantum computers use quantum bits, or “qubits,” which can…

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