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Current mortgage rates are down, but higher than they were seven days ago. Rates are lower than they were in early 2025, when the average 30-year fixed-rate mortgage reached above 7%. Even though ...
Inflation has risen to 3.6% in June in what is being described as a 'hammer blow' for homeowners and borrowers.
The rate has increased to its highest level since January 2024 as a result of food prices and fuel costs and is likely to ...
Although interest rates and unemployment have an indirectly inverse relationship, that relationship can be clouded by broader factors in the labor market.
U.S. producer prices remained unchanged as increased tariffs lifted goods costs, counterbalanced by reduced demand for travel ...
WASHINGTON: US consumer inflation picked up in line with analyst expectations in June, government data showed on Tuesday (Jul ...
Ideas for how to squeeze the country’s interest bill, ideally without cutting spending or raising taxes, are thus at a ...
President Trump said it was "highly unlikely" he would fire Jerome Powell, but also said he discussed the idea with ...
Renewed concerns over tariffs and the broader economy drove treasury yields higher last week, and mortgage rates followed. As ...
“Fed should cut Rates by 3 Points. Very low inflation. One Trillion Dollars a year would be saved!!!,’’ he wrote on his Truth Social platform. With inflation rising slightly and job numbers relatively ...
Nevertheless, the underlying data was clearly more relevant to the market: some categories likely to be initially impacted by the tariffs recorded further sharp increases. This reinforced market ...
Early trading on Wall Street was quietly mixed as markets shift their attention toward a deluge of corporate earnings reports ...