30-Year Mortgage Rates Barely Twitch, Says Freddie Mac, As Fed Stands Pat

By: Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. The rate for a 30-year, fixed-rate mortgage barely budged this week, according to the latest rate survey from mortgage buyer Freddie Mac. Meanwhile, speculation is swirling about how—and when—the Federal Reserve’s decision to…

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Unemployment claims drop to eight-month low

U.S. applications for unemployment benefits fell to their lowest level in eight months last week as the labor market continues to show strength in the face of elevated interest rates. Here are the details. U.S. applications for unemployment benefits fell to their lowest level in eight months last week as the labor market continues to…

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