Tag: interest rates
Average rate on a 30-year mortgage slips to 6.08%, lowest level...
The average rate on a 30-year mortgage in the U.S. slipped to its lowest level in two years, boosting home shoppers' purchasing power as...
American consumers are feeling less confident as concerns about jobs take...
WASHINGTON (AP) – American consumers are feeling less confident this month as concerns about jobs rose significantly.
The Conference Board, a business research group, said Tuesday that...
Federal Reserve cuts interest rates half-point
WASHINGTON (AP) – The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years...
Will the Federal Reserve cut interest rates fast enough to deliver...
WASHINGTON (AP) – American consumers and homebuyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised...
Average rate on a 30-year mortgage falls to 6.20%, lowest level...
The average rate on a 30-year mortgage in the U.S. fell this week to its lowest level in 19 months, reflecting a pullback in...
U.S. inflation reaches a 3-year low as Federal Reserve prepares to...
WASHINGTON (AP) – The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for...
Who is most to blame for stubbornly high prices of many...
Inflation is down and job growth is relatively stable across the nation, but prices for many consumer goods, including food and housing, remain elevated.
The...
U.S. hiring rebounds slightly and unemployment rate dips in sign of...
WASHINGTON (AP) – Hiring by America's employers picked up a bit in August from July's sluggish pace, and the unemployment rate dipped for the first...
Average long-term U.S. mortgage rate 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...
Fed welcomes a ‘soft landing’ even if many Americans don’t feel...
WASHINGTON (AP) – When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the...
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