Today’s 30-year mortgage interest rates rise to 6.375% while 15-year rates remain at 5.490%

By: The median interest rate* on a 30-year fixed-rate mortgage is 6.375% as of August 30, which is 0.250 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.490%, which is unchanged from yesterday.Interest rate cuts are on the horizon. “The time has come for policy to adjust,”…

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Feds plan to open 32M acres of public land for solar development across 11 western states

Mojave desert solar array at Red Rock Canyon National Conservation Area. (Getty Images)Federal land managers Thursday released an updated roadmap for solar energy development across 11 western states, a plan that opens about 32 million acres of federal lands to utility-scale solar development.The proposal released by the U.S. Bureau of Land Management, known as the…

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Inflation measure closely watched by the Fed rises 2.5% in July

By Penn Mutual Asset Management CIO Mark Heppenstall joins ‘Mornings with Maria’ with his perspective on several U.S. economy headlines. An inflation measure closely watched by the Federal Reserve inched higher in July as elevated prices continue to weigh on millions of Americans. The Commerce Department reported Friday that the personal consumption expenditures price index…

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Mother, daughter and daughter’s boyfriend indicted in $1.9 million pandemic unemployment fraud scheme

A Columbus woman, as well as her mother and boyfriend, are each facing several felony charges for fraudulently obtaining $1.9 million in pandemic benefits while two of them worked for the state’s unemployment office. COLUMBUS, Ohio–A Columbus woman, as well as her mother and boyfriend, are each facing several felony charges for fraudulently obtaining $1.9…

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