Average Long-Term US Mortgage Rate Edges Up to 7.19%
The average rate on the benchmark 30-year home loan rose to 7.19% from 7.18% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.29%. read more >
The average rate on the benchmark 30-year home loan rose to 7.19% from 7.18% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.29%. read more >
U.S. applications for jobless claims fell by 20,000 to 201,000 for the week ending Sept. 16, the Labor Department reported Thursday. That's the lowest figure since the last week of January. read more >
Existing home sales fell 0.7% last month from July to a seasonally adjusted annual rate of 4.04 million, the National Association of Realtors said Thursday. That's below the 4.10 million pace that economists were expecting, according to FactSet. read more >
Wholesale prices are still rising more slowly than consumer costs, a sign that inflation may continue to cool as the weaker wholesale price gains translate into smaller price increases for the consumer. read more >
The average rate on the benchmark 30-year home loan rose to 7.18% from 7.12% last week, according to Mortgage buyer Freddie Mac on Thursday. A year ago, the rate averaged 6.02%. read more >
The surge in gas prices is coursing through the economy and could slow down shoppers' momentum heading into the critical holiday shopping season. read more >
At the same time, the official poverty rate for Black Americans dropped to its lowest level on record. read more >
Despite the seemingly divergent figures, the decline in the core measure points to inflation coming under control. read more >
Population growth in central Arkansas has slowed since 2010 to about 0.5% annually, Metroplan, the area’s planning agency, noted in a report released in July. read more >
Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan fell to 7.12% from 7.18% last week. A year ago, the rate averaged 5.89%. read more >
U.S. applications for jobless claims fell by 13,000 to 216,000 for the week ending Sept. 2, the Labor Department reported Thursday. That's the lowest level since February. read more >
Last month's job growth marked an increase from July's revised gain of 157,000 but still pointed to a moderating pace of hiring compared with the sizzling gains of last year and earlier this year. read more >
The number of job vacancies dropped to 8.8 million last month, the Labor Department said Tuesday, the fewest since March 2021. read more >
Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan climbed to 7.23% from 7.09% last week. A year ago, the rate averaged 5.55%. read more >
Sales in the sector jumped 11.8% in July and 9.5% in June from a year ago, according to the Commerce Department. read more >
The average 401(k) plan balance stood at $112,400 at the end of the second quarter, an increase of 4% from the first quarter and up 8.3% from the second quarter of last year, according to new data from Fidelity Investments. read more >
Sales slumped 16.6% compared with July last year. It was also the lowest home sales for the month of July since 2010. read more >
It's the fourth consecutive weekly increase for the average rate and the highest since early April 2002, when it averaged 7.13%. read more >
