Also, how an AI-driven bull market compares to the dot-com bubble, alternative stock choices and how you might push back against rising insurance costs.

This month’s charts of interest look at the stock market’s summer rally, portfolio allocations and where interest rates could be headed.

Every three months, the central bank updates a scatter chart showing where top officials believe rates are headed. Not everyone is a fan of the anonymous projections.

Financials and utilities sectors are particularly well-positioned to benefit more than broader indices like S&P 500 & NASDAQ. Read what investors need to know.

Assuming a 3.5% down payment and excluding tax and insurance, the typical payment at today’s 6.26% mortgage rate on a median-priced $429,990 home is roughly $2,547 per month. Last week, a median-priced home at a 6.35% mortgage rate would have cost homebuyers $2,574 per month—$27 more than what buyers would pay today.

The rate on a 30-year fixed refinance increased to 6.28% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.2%. On a 20-year mortgage refinance, the average rate is 5.

London (UKX) +0.17% to 9,223. Germany (DAX:IND) +0.96% to 23,584, outperforming its European peers. France (CAC:IND) +0.82% to 7,850. The economy of Georgia grew by 7.3% Y/Y in Q2. Switzerland's trade surplus narrowed to CHF 3.

There's been a risk-on move into highly rated corporate bonds ahead of Wednesday's Federal Reserve decision on interest rates. The top of the above BondCliQ chart shows investors have stepped up buying in investment-grade corporate bonds in the past five trading days,

The rate on a 30-year fixed refinance dropped to 6.24% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.19%, and for 20-year mortgages, the average is 5.