Archives June 2025

Editor’s Note: As one of the most accomplished traders of our time, my colleague Jeff Clark has spent the past 40 years successfully using chaos and volatility to his advantage.

In fact, he has accurately predicted every volatile market period this century, including…

• the Great Recession of 2008…
• the Covid crash of 2020…
• the bear market in 2022…
• and the tariff scare in 2025.

Volatility in the market is nerve-racking. But what most investors don’t realize is that volatility is the best opportunity to make money as a trader.

This is Jeff’s specialty.

He’s making another prediction that the stock market could be heading for more trouble in the coming weeks and months.

Now, I’ve known and respected Jeff for two decades. That’s why I’ve highlighted his insights for my own readers many times over the years. And I’d like to take the opportunity to do that again today.

Today, Jeff is joining us to share what he’s seeing in the bond markets.

Take it away…

This is the most dangerous chart in the financial markets…

This is a chart of the iShares 20+ Year Treasury Bond Fund (TLT) from about a week ago. TLT is an exchange-traded fund that tracks the action in long-term Treasury Bonds.

And it’s breaking down.

Why is that dangerous?

Because, as bond prices fall, longer-term interest rates rise. And rising rates are bad news for stock prices.

Please understand, the Federal Reserve Board sets the target for short-term Federal Funds interest rates. That’s the rate over which stock market investors have been obsessing. That’s the rate most folks expect the Fed will cut two or three times this year.

Bond investors determine what happens with longer-term interest rates.

Based on the look of the above chart, TLT looks set to fall. That means longer-term rates are set to rise.

TLT peaked in September 2024 near $99 per share. It then declined all the way to $84 in January, where it found support and bounced. That bounce ran out of steam last month. TLT has been falling for six straight weeks.

Now it looks like TLT is set to lose the support of the $84 level. If that happens, we could see a quick drop to the October 2023 low near $78.

That would put long-term interest rates near 5.6%, or even a bit higher. We haven’t seen long term rates that high in 20 years. And it’s happening at a time when the U.S. Treasury has to refinance trillions of dollars in maturing debt, and when the U.S. government is trying to pass a budget that will add trillions more to the deficit.

Stock market investors have ignored this situation, so far. TLT is down 7% over the past six weeks. Yet, the S&P 500 is higher.

Somebody is lying.

Stocks and Treasury bonds typically move in the same direction. So, this sort of divergence is notable.

One of these assets is due for an epic reversal. Either Treasury bonds need to rally to catch up with the action in stocks, or stocks are going to be pulled down to match the action in bonds.

The widely accepted opinion on Wall Street is that bond investors are smarter than stock investors.

We’ll soon find out if that’s true.

Best regards and good trading,

Jeff Clark
Editor, Market Minute

Now, let’s take a look back at what we covered here at Smart Money this week… and what you can look forward to in your next issue.

Smart Money Roundup

Why “Safe” Investing Isn’t Always Safe – and One Risk Worth Taking

May 28, 2025

We humans tend to convert potential safety benefits into performance benefits. A motorcycle rider who is wearing a helmet tends to feel more invincible than a rider who isn’t, potentially leading to the sort of disasters that occur when risk wears the guise of safety. It may surprise you to learn that it’s the same on Wall Street. So, continue reading to find out the best way to diversify into foreign markets – one risk I think that’s worth taking.

This Canadian Company Is Immune to Tariffs – Here’s How Eric Made a Quick 200% Gain on It

May 29, 2025

On one side of the trade war moat, non-tariffed firms are finding enormous success as their competition melts away. On the other side are companies liquifying on a warm day. And this appears to be taking Wall Street by surprise. In this issue, Tom Yeung highlights two company, one in each group. Plus, he shares Eric’s strategy that helped earn subscribers a 200% gain in just seven weeks from the company on the right side.

Google’s AlphaEvolve Is Cracking 300-Year-Old Math Mysteries — and Could Boost Portfolios

May 31, 2025

Google’s new Gemini-powered AlphaEvolve isn’t like the typical AI agents that we’ve talked about. This new system creates and evolves computer programs using what Google calls “evolutionary programming” – essentially natural selection for code. In Saturday’s issue, we dive more into AlphaEvolve and explore why this is a pivotal moment for the AI Revolution. Then, we take a look at how Louis Navellier has been preparing investors for a larger framework at play… a strategy that could deliver life-changing wealth.

3 Certainties for a New American Prosperity… and One Stock Set to Profit

June 1, 2025

Uncertainty is everywhere. Just look at the fact that more than 350 S&P 500 companies cited the word “uncertainty” in their latest earnings calls. But the word also gives many the excuse to be lazy. So, Louis Navellier is here to share the real story: three major positive economic shifts that are already happening with full certainty. Read on to find out how this plan could trigger a generational bull market – and how you can join.

Looking Ahead

I recently sat down to interview Jeff Clark about his secret to handing his readers more than 1,000 winning trades during volatile times…

It’s something he calls the “Chaos Pattern.”

In our conversation, Jeff shares compelling new research that shows how chaos could soon be dominating the markets once again. He’ll reveal what he sees coming… and how he trades the market right now.

Hint: It’s by using a new, powerful stock screener that scans the market for Jeff’s “Chaos Pattern” every single day.

That interview will be available in your next Smart Money.

Stay tuned…

Regards,

Eric Fry
Editor, Smart Money

Written by Steven Dooley, Head of Market Insights, and Shier Lee Lim, Lead FX and Macro Strategist

Aussie jumps to six-month highs

The Australian dollar closed at the highest level since November overnight after a weaker US manufacturing reading hit the US dollar.

The key ISM manufacturing report came in at 48.5 – below the 49.3 expected – in another sign of a slowdown in US manufacturing activity. Other US manufacturing numbers also missed forecasts while the “prices paid” component was also lower.

The USD tumbled on the news with the US dollar index down 0.7% as it fell to the lowest level since 22 April.

The Aussie and kiwi led the charge higher. The AUD/USD gained 1.0% while NZD/USD gained 1.2%.

The USD/CNH gained 0.1% while USD/SGD fell 0.5%.

Greenback also pressured with Waller open to cuts

Growing expectations that the US Federal Reserve might be willing to cut interest rates also weighed on the USD.

In line with the negative risks to employment and economic activity brought on by trade policy, Fed Governor Christopher Waller stated that he still sees a route to rate cuts later this year.

He recommends seeing through a brief increase in price growth, even though tariffs should exacerbate inflation in the “coming months.”

At a Bank of Korea conference in Seoul, Waller stated, “I would be supporting ‘good news’ rate cuts later this year, provided that the labor market stays strong, that underlying inflation keeps moving toward our 2% target, and that the effective tariff rate settles close to my lower tariff scenario,” according to Bloomberg.

The “smaller-tariff” scenario assumed a 10% average tariff and that higher nation and sector-specific charges would be negotiated lower over time, while his “large-tariff” scenario envisaged an average trade-weighted tariff on goods of 25% that persisted for “some time.” 

Euro gains as EU looks to strike back

According to Reuters, the European Commission stated on Saturday that the EU is ready to strike back against US President Trump’s increase in steel and aluminum tariffs.

“Consultations on additional countermeasures are presently being finalized by the European Commission.

According to a spokeswoman, “existing and additional EU measures will automatically take effect on July 14 — or earlier, if circumstances require — if no mutually acceptable solution is reached.” 

EUR/SGD might be poised for correction given ECB is expected to cut 25bp this week with dovish commentary.

Next key support lies on 21-day EMA of 1.1297 and 50-day EMA of 1.1179, where EUR buyers may look to take advantage.

On the other hand, the AUD/EUR was higher on Monday as it extended gains from one-month lows, thanks mainly to the AUD’s recent outperformance.

Aussie ends at highest level since November 2024  

Table: seven-day rolling currency trends and trading ranges  

Key global risk events

Calendar: 19 – 24 May

All times AEST

Have a question? [email protected]

*The FX rates published are provided by Convera’s Market Insights team for research purposes only. The rates have a unique source and may not align to any live exchange rates quoted on other sites. They are not an indication of actual buy/sell rates, or a financial offer.

Major U.S. equity indices edged higher as June trading kicked off.

The modest gains came despite reheating trade tensions between the world’s largest economies as Chinese trade officials rejected President Donald Trump’s claims that the Asian nation had violated a trade agreement announced last month.

After wavering for much of Monday’s session, the S&P 500 rallied in the afternoon to close with a gain of 0.4%. The Nasdaq was up 0.7%, while the Dow eked out an uptick of 0.1%.

Shares of several U.S. steelmakers surged after President Trump announced a plan that would double steel tariffs to 50%. The president said the higher duties on steel imports would protect U.S. workers in the industry and encourage more companies to source the material from U.S. steelmakers. Steel Dynamics (STLD) shares soared 10.3%, marking Monday’s top performance in the S&P 500, while Nucor (NUE) shares surged 10.1%.

Gold futures prices jumped more than 2% on Monday, boosted by heightening geopolitical tensions and a weakening U.S. dollar. The uptick in the price of the precious metal helped lift gold-related stocks, including shares of Newmont (NEM), the world’s largest gold producer, which added 5.4% on Monday.

According to a Wall Street Journal report, Facebook and Instagram parent Meta Platforms (META) intends to launch a service by the end of next year that will allow advertisers to create and target campaigns entirely through artificial intelligence (AI) technology. Meta shares gained 3.6%.

Renewable energy stocks remained under pressure following last week’s announcement that the Department of Energy would terminate more than $3.7 billion in grants for clean energy and climate-related projects. The funding cuts exacerbated concerns about the proposed elimination of some renewable energy incentives under the House’s reconciliation bill. First Solar (FSLR) stock tumbled 5.3%, declining the most of any S&P 500 stock on Monday.

Shares of defense technology specialist Leidos Holdings (LDOS) dropped 4.6%. Last week, Leidos announced that it had acquired Kudu Dynamics, a firm known for developing offensive cyber capabilities enabled by artificial intelligence (AI), in line with a new company strategy that pegs cyber as a key growth area. However, Baird analysts downgraded Leidos stock last week to “neutral” from “outperform,” citing a challenging booking environment and an uncertain outlook for government contracting.

Shares of U.S. automakers lost ground following Trump’s comments on steel tariffs. Higher import taxes threaten to raise vehicle manufacturing costs. Both General Motors (GM) and Ford Motor (F) saw their share prices drop 3.9%, while shares of Chrysler and Jeep parent Stellantis (STLA) lost 3.6%.

Last week was the highly anticipated grand finale to the quarterly earnings season. And, as usual, NVIDIA Corporation (NVDA) delivered the goods.

You can check out my full review of NVIDIA’s earnings here. But the main takeaway is that the AI Revolution is still going strong.

This week, a handful Federal Reserve members are speaking at events. Right now, they continue to be in “wait-and-see” mode, citing concerns of tariffs about a strong labor market.

I still think they’re fighting an inflation “boogeyman” that has yet to take shape. That’s because recent data is showing that inflation continues to cool. Several Fed members have voiced that they believe rates should hold steady, but this week, there are already whispers of dissension within the ranks.

So, it will be interesting to see if – and how many – Fed members change their tune.

In this week’s Navellier Market Buzz, we have a special guest joining us: Ed Elfenbein. He’s the editor of Crossing Wall Street and the manager of AdvisorShares Focused Equity ETF (CWS). We ask him if he thinks tariffs will help lower income taxes, what he thinks about Treasury Secretary Scott Bessent, the ongoing demographic decline around the world and much more.

Click the image below to watch now.

You can subscribe to my YouTube channel here. And if you’d like to learn more about Ed, check out his blog, Crossing Wall Street, here.

Finding Winners Amidst the Uncertainty

In the middle of what feels like political and economic chaos, my system is doing what it always does – finding winners.

The stocks with superior fundamentals are already rising – quietly, efficiently and predictably. You just have to know where to look.

And that’s where my Accelerated Profits service comes in.

This is my fastest-paced service meant to deliver quick gains, regardless of market conditions. Here are just a few winners that my subscribers have seen in Accelerated Profits recently:

• 604% from Vista Oil & Gas (VIST)
• 106.4% from Alamos Gold Inc. (AGI)
• 135.1% from CECO Environmental Corp. (CECO)
• 90.3% from Celestica, Inc. (CLS)
• 95.1% from Builders FirstSource, Inc. (BLDR)

Now, my proprietary system is flagging the next set of market leaders. And it all has to do with a part of the Trump agenda that I’m calling Liberation Day 2.0.

That’s why I released a brand-new video briefing on what’s coming next. In it, I discuss:

• The three stocks best positioned to soar in Trump’s “new economy”
• The 10 stocks you need to avoid right now
• The full playbook for navigating the next phase and our plan to use my system in Accelerated Profits to deliver quick profits

This presentation is being taken down tomorrow, so I urge you to watch it now before it’s too late.

Click here to watch the replay now!

Sincerely,

Louis Navellier

The Editor hereby discloses that as of the date of this email, the Editor, directly or indirectly, owns the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below:

Alamos Gold Inc. (AGI), CECO Environmental Corp. (CECO), Celestica, Inc. (CLS) and NVIDIA Corporation (NVDA)

Utility

The explosive popularity of meme coins has captured investors’ imaginations but also led to widespread scams and manipulation. This erosion of trust now threatens the very essence of meme culture in cryptocurrency. Future Pepe emerges as the defender of this culture, dedicated explicitly to saving the meme era by combining innovative technology, transparent processes, and true investment value.

The meme coin trust crisis: Why investors are wary

Initially celebrated for their viral appeal and rapid profitability, meme coins quickly became synonymous with volatility, rug pulls, and insider scams. Recent data indicates these scams significantly contributed to investor distrust, leaving many reluctant to engage with new meme-based projects.

Future Pepe: Rebuilding trust and reshaping meme coin investing

Future Pepe recognizes that the charm of meme coins lies in their cultural resonance and investor enthusiasm. The project’s foundational mission is clear: safeguard meme culture while delivering sustainable value and secure investment opportunities.

Revolutionary AI meme-coin security scanner

At the core of Future Pepe’s unique approach is its pioneering AI-powered Meme-Coin Security Scanner. Unlike conventional due diligence tools, this scanner instantly reviews and flags risks within smart contracts, alerting investors to hidden vulnerabilities and scam potentials. This technology ensures investors can confidently and safely engage with meme tokens.

Unmatched security backed by comprehensive audits

Future Pepe’s rigorous commitment to security is underscored by detailed audits from leading blockchain security firms Coinsult and SolidProof. These audits confirm the robustness of Future Pepe’s security protocols, reinforcing investor confidence through meticulous validation.

Liquidity permanently locked with Gnosis safe

In addition to passing stringent audits, Future Pepe employs Gnosis Safe to permanently lock liquidity, significantly mitigating risks associated with rug pulls and ensuring long-term project stability.

Transparent and rewarding tokenomics

Future Pepe’s tokenomics are designed with clarity and fairness, clearly allocating tokens to liquidity, presale participants, staking rewards, and strategic reserves. The innovative presale model especially favors early adopters, providing significant incentives and long-term sustainability.

Distinct competitive advantage over traditional meme coins

Compared to widely-known meme tokens like $PEPE, Future Pepe stands apart through its tangible security measures, genuine utilities, and investor-friendly transparency. Market analyses demonstrate the project’s superior potential for sustainable growth, making Future Pepe an appealing investment opportunity.

Strategic roadmap and targeted marketing initiatives

Future Pepe’s carefully crafted promotional strategy includes targeted advertising campaigns, influential partnerships, and strategic collaborations. These initiatives are designed to rapidly amplify visibility and attract a dedicated investor base, fueling widespread adoption and community engagement.

Founder’s commitment to reviving meme culture

“Future Pepe is more than an investment; it’s a movement dedicated to reviving meme culture’s integrity and ensuring its long-term viability through genuine utility and security, ” says Future Pepe’s Founder. “Our mission is to protect and elevate the meme era, making investing both enjoyable and secure again.”

Easy and secure participation in the Future Pepe presale

Joining the Future Pepe community is straightforward and secure. Interested investors can visit the official presale platform at futurepepe.io. Given high demand and limited token availability, investors are advised to act promptly.

How to buy:

Conclusion: Secure your stake in the future of meme culture

Future Pepe is not just redefining meme coins—it’s actively working to save and sustain the meme era. With advanced security features, transparent tokenomics, and genuine investment potential, Future Pepe offers a secure, engaging path forward for meme enthusiasts and investors alike.

Invest with confidence and be part of the solution to secure meme culture’s future. Secure your Future Pepe tokens today—join the presale at futurepepe.io!

Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

The job market likely slowed down but kept rolling in May, according to forecasters.

The Bureau of Labor Statistics’ widely watched report Friday is likely to show the U.S. economy added 125,000 jobs in May, a slowdown from the unexpectedly high 177,000 in April, according to a survey of economists by Dow Jones Newswires and The Wall Street Journal. The unemployment rate is expected to hold steady at 4.2%, the same as the month prior.

Experts have been watching economic data for signs that President Donald Trump’s tariff campaign is hurting job creation and pushing up inflation, but so far neither has happened. A jobs report in line with expectations would indicate the economy has weathered the tariffs and the uncertainty about them, at least so far.

“At present, there are no obvious signs of a meaningful deterioration in the labor market,” Brett Ryan, senior U.S. economist at Deutsche Bank, wrote in a commentary.

The job market has stayed resilient over the past few years despite a series of upheavals, including the post-pandemic surge of inflation, and the Federal Reserve cranking up interest rates in response. The economy has added jobs every month since December 2020. Still, the pace of job creation and the number of job openings have dropped significantly since mid-2022, when workers were in unusually high demand.

Trump’s trade wars could end the job market’s winning streak. Many economists expect consumer prices to rise and employment to suffer more as the summer goes on, and merchants pass on the cost of the tariffs imposed in April to customers. Some forecasters expect the tariffs to hit the economy harder and sooner: economists at Nomura called for only 110,000 jobs to be created in May.

“Lead indicators for the labor market have deteriorated, and risks are skewed to the downside amid broader signs of slowing growth momentum,” Jeremy Schwartz, analyst for Nomura, wrote in a commentary.

The jobs report could be consequential for the Federal Reserve’s monetary policy decisions in the coming months. The Fed has held interest rates steady this year as officials wait to see whether the tariffs will reignite inflation, spur unemployment, or both. A surge of layoffs could pressure the Fed to cut interest rates, which would lower borrowing costs on all kinds of loans, giving a boost to the economy and encouraging hiring.

How much would the job market have to slow down to make the Fed cut interest rates? Monthly job creation in the low 100,000s or high five-figure range likely wouldn’t do it, the Nomura economists said.

“Forward-looking risks to the labor market are skewed to the downside, but with the unemployment rate remaining stable and few signs of widespread layoffs, policymakers are unlikely to become concerned about an imminent deterioration,” Schwartz wrote.

Editor’s note: “How to Build Wealth in a Volatile Stock Market” was previously published in March 2025 with the title, “Beyond the Ups and Downs: Building Wealth in a Volatile Stock Market.” It has since been updated to include the most relevant information available.

The stock market has been anything but steady in early 2025. Since Donald Trump took office as the 47th President of the United States in late January, investors have endured a dizzying ride.

At first, markets stayed quiet—flat for about a month. But that calm quickly turned into chaos.

From mid-February to mid-March, the S&P 500 plunged 10% in just 20 trading days. Analysts blamed growing fears that Trump would ignite a global trade war. Those fears were realized on April 2, when Trump launched his “Liberation Day” tariffs. The move triggered a historic two-day, 10% drop in the index—marking the fifth-worst two-day crash on record.

Then came the snapback.

One week later, Trump announced a 90-day pause on those same tariffs. The market roared back. The S&P 500 surged 9.5% in a single session—the start of a massive 20% rebound over the next month.

In just 90 days, stocks had crashed 20%, then fully rebounded. That kind of volatility hasn’t been seen since the pandemic era, and it’s reshaping how investors think about political risk and policy shockwaves in 2025.

This has been arguably the most volatile and violent stock market ever. And given that Trump has been the trigger – and that he will be in the White House for the next four years – investors are naturally asking themselves:

Is this intense volatility Wall Street’s ‘new normal’?

It may be… 

A Bumpy Ride Higher: Why We Expect Stock Market Uncertainty to Continue

Don’t get me wrong. I think stocks are going higher over the next few years. 

We’re somewhere in the middle of the AI Boom. Tech booms like these tend to last five to six years or longer. Just look at the Dot Com Boom, which started in 1995 and lasted through 1999 – five years of strong gains. The Nasdaq Composite rose about 582% during that time, while the S&P nearly tripled. 

This AI Boom started in 2023. I think we have another two to three years of exceptional growth left in AI stocks. And that growth should drive the whole market higher.

However… I don’t think it’ll be a smooth ride higher…  

Largely because of U.S. President Donald Trump, who promises to change a lot of things. 

He wants to renegotiate trade deals and restructure global trade, rethink America’s global military presence, and cut federal spending. He wants to reduce taxes, expand America’s borders, and reshore manufacturing activity, among other things. 

Clearly, he aims to change a lot. 

Now, I won’t offer an argument as to whether these proposed changes are good, bad, or neutral. 

But I will state the obvious: It’s a lot of change. And change is uncomfortable – especially for investors… 

Because change equals uncertainty. That doesn’t mean this policy shakeup won’t push stocks higher in the long term. It may. 

It simply means that, along the way, stocks will continue to be volatile – just like they’ve been over the past few months.

Today, June 2, the United States Mint began shipping 2025 Dr. Vera Rubin quarters to Federal Reserve Banks and their coin terminals for distribution into circulation. This coin marks the third of five unique quarter designs for this year and the eighteenth overall in the U.S. Mint’s American Women Quarters™ Program.

At the start of the four-year, 20-coin series in 2022, the trailblazers honored were Maya Angelou, Dr. Sally Ride, Wilma Mankiller, Nina Otero-Warren, and Anna May Wong. Quarters released in 2023 extended the celebration of the accomplishments and contributions made by American women by honoring Bessie Coleman, Edith Kanakaʻole, Eleanor Roosevelt, Jovita Idar, and Maria Tallchief. The 2024 quarters pay tribute to Rev. Dr. Pauli Murray, Patsy Takemoto Mink, Dr. Mary Edwards Walker, Celia Cruz, and Zitkala-Ša. In addition to Dr. Vera Rubin, quarters for 2025 celebrate Ida B. Wells, Juliette Gordon Low, Stacey Park Milbern, and Althea Gibson.

Dr. Vera Rubin (1928–2016) was an American astronomer best known for her pioneering work on galaxy rotation rates, which provided critical evidence for the existence of dark matter.

“The data on dark matter from dozens of galaxies that Rubin presented to the International Astronomical Union in 1985 ultimately changed scientific conceptions of the universe and opened new paths in both astronomy and physics,” noted Kristie McNally, the Mint’s Acting Director.

The new quarter’s reverse (tails side) shows Dr. Vera Rubin in profile, smiling as she looks upward in contemplation of the cosmos. A spiral galaxy and surrounding celestial bodies frame the scene. Inscriptions include “DR. VERA RUBIN,” “QUARTER DOLLAR,” “E PLURIBUS UNUM,” and “UNITED STATES OF AMERICA,” with “DARK MATTER” appearing along the bottom.

This image was designed by Artist Infusion Program designer Christina Hess and sculpted by Mint Medallic Artist John P. McGraw.

“Dr. Rubin’s story exemplifies strength, dedication, and determination, and it was a great honor to illustrate her portrait and legacy,” said Hess. “By positioning her portrait off-center and toward the upper right, I aimed to move the audience’s gaze upward, symbolizing exploration beyond the coin’s boundaries, evoking a sense of infinite possibility and continuous motion.”

“Vera Rubin was an American astronomer and genius,” said McGraw. “Layering her portrait with the galaxy in the background made for a fun and challenging sculpt. I feel honored that I was given the opportunity to memorialize her and her contributions to science on a coin.”

The obverse (heads side) of every American Women Quarter features a common design – a portrait of George Washington. Sculpted by Laura Gardin Fraser more than 90 years ago, the image was originally created to commemorate Washington’s 200th birthday.

Quarters for circulation are produced at U.S. Mint production facilities in Philadelphia and Denver.

On Tuesday, June 3, the U.S. Mint will offer circulating quality Dr. Vera Rubin quarters to the public via their website at https://catalog.usmint.gov. These quarters will be offered in three different product options:

• a set of two rolls for $42,
• a set of three rolls for $63, and
• 100-coin bags at $47.25 apiece.

Notably, the three-roll set includes a roll of quarters from the San Francisco Mint, offering a unique level of rarity since, unlike those from Philadelphia and Denver, these quarters are not released into general circulation.

The states with the cheapest 30-year mortgage refinance rates Friday were New York, California, Colorado, Florida, Connecticut, North Carolina, Virginia, Illinois, and Texas. The nine low-rate states registered refi averages between 6.96% and 7.16%.

Meanwhile, the states with Friday’s most expensive 30-year refinance rates were Alaska, West Virginia, Hawaii, South Dakota, Missouri, Montana, New Hampshire, North Dakota, and Wyoming. The range of 30-year refi averages for the highest-rate states was 7.25% to 7.28%.

Mortgage refinance rates vary by the state where they originate. Different lenders operate in different regions, and rates can be influenced by state-level variations in credit score, average loan size, and regulations. Lenders also have varying risk management strategies that influence the rates they offer.

Since rates vary widely across lenders, it’s always smart to shop around for your best mortgage option and compare rates regularly, no matter the type of home loan you seek.

National Mortgage Refinance Rate Averages

Rates for 30-year refinance mortgages edged up a single basis point Friday, for a 7.20% average that remains near a two-week low. It’s an improvement vs. the prior week’s 7.32% reading, which was the highest average in 10 months.

Back in March, however, 30-year refinance rates sank to a 6.71% average, their cheapest level of 2025. And last September, rates plunged to a two-year low of 6.01%.

During these busy times, it pays to stay on top of the latest profit opportunities. And today’s blog post should be a great place to start. After taking a close look at the latest data on institutional buying pressure and each company’s fundamental health, I decided to revise my Stock Grader recommendations for 106 big blue chips. Chances are that you have at least one of these stocks in your portfolio, so you may want to give this list a skim and act accordingly.

Article printed from InvestorPlace Media, https://investorplace.com/market360/2025/06/20250602-blue-chip-upgrades-downgrades/.

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