Tag: interest rates
U.S. retail sales rose modestly last month amid solid holiday shopping
Americans stepped up their spending at retail stores and restaurants last month in a clear sign that consumers are still able and willing to...
CoreLogic: R.I. home price index up 7.32% in November, second-highest increase...
PROVIDENCE – The Rhode Island home price index increased 7.32% year over year in November, the second-biggest increase in the nation and highest in...
Federal Reserve officials at December meeting expected slower pace of rate...
WASHINGTON (AP) – Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face...
U.S. job openings rise unexpectedly to 8.1M in November
WASHINGTON (AP) – U.S. job openings rose unexpectedly in November, showing companies are still looking for workers even as the labor market has cooled overall.
Openings...
Average rate on a 30-year U.S. mortgage hits 6.91%, highest since...
WASHINGTON (AP) – U.S. mortgage rates rose this week to the highest level since July.
The benchmark 30-year fixed loan rate rose to 6.91% from...
U.S. economy grows at 3.1% pace in third quarter, an upgrade...
WASHINGTON (AP) – The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in...
Federal Reserve cuts key rate by quarter-point
WASHINGTON (AP) – The Federal Reserve cut its key interest rate Wednesday by a quarter-point – its third cut this year – but also...
Federal Reserve is likely to slow its rate cuts with inflation...
WASHINGTON (AP) – Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week's Federal Reserve meeting....
Average rate on 30-year mortgage hits 6.6%, its third straight weekly...
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome trend for prospective homebuyers...
Average rate on a 30-year mortgage in the U.S. falls to...
The average rate on a 30-year mortgage in the U.S. eased again this week, slipping to its lowest level since late October.
The rate dropped...
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