Tag: borrowing costs
Average long-term U.S. mortgage rates holds at 6.35%
The average rate on a 30-year mortgage in the U.S. was flat this week ahead of an expected interest rate cut from the Federal...
Federal Reserve is edging closer to cutting rates. The question will...
WASHINGTON (AP) – Two years after launching an aggressive fight against inflation and one year after leaving its benchmark interest rate at a near-quarter-century...
Powell: Federal Reserve more confident inflation is slowing to its target
WASHINGTON (AP) – Chairman Jerome Powell said Monday that the Federal Reserve is becoming more convinced that inflation is headed back to its 2%...
U.S. job openings stay steady at nearly 8.9 million in January
WASHINGTON (AP) – U.S. job openings barely changed in January but remained elevated, suggesting that the American job market remains healthy.
The Labor Department reported...
Average long-term U.S. mortgage rate edged higher this week, remains in...
LOS ANGELES (AP) – The average long-term U.S. mortgage rate edged higher this week, reflecting a recent uptick in the 10-year Treasury yield.
The average...
Average long-term mortgage rate falls to 6.6%, lowest level since May
LOS ANGELES (AP) – The average long-term U.S. mortgage rate fell this week to its lowest level since May, welcome news for prospective homebuyers...
Fed is set to leave interest rates unchanged while facing speculation...
WASHINGTON (AP) – With inflation edging closer to the Federal Reserve's 2% target, its policymakers are facing – and in some cases fueling –...
Average long-term U.S. mortgage slides to lowest level since late September
LOS ANGELES (AP) – The average long-term U.S. mortgage rate fell for the fifth week in a row, more good news for prospective homebuyers...
Average long-term U.S. mortgage rate falls to 7.5% in second straight...
LOS ANGELES (AP) – The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for...