By: Some economists view the ISM services prices paid measure as a good predictor of personal consumption expenditures (PCE) inflation. See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
The unemployment and payroll data will be released at 8:30 a.m. EST on Friday. Economists expect 200,000 total jobs were created in July, well below the three-month average of jobs created since April 2023. The unemployment rate is expected to remain unchanged at 3.6%. The unemployment and payroll data will be released at 8:30 a.m….
By: Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. A week after the Federal Reserve resumed its rate hikes, mortgage rates followed suit, according to the latest Freddie Mac survey. As of August 3, the current average rate for 30-year, fixed-rate mortgages…
By: The Bank of England is set to raise interest rates for the 14th time in a row to a fresh 15-year high and keep the door open for further … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: WASHINGTON (AP) — The average long-term U.S. mortgage rate rose again this week, bad news for Americans seeking to upgrade or buy their first home.The average rate on the 30-year home mortgage rate ticked up to 6.90% this week from 6.81% a week ago. A year ago, the benchmark home loan rate stood at…
The following is the opinion and analysis of the writer: Javier Palomarez Arizonans cherish their economic freedom and independence, particularly the ability to create better lives for themselves and their families. Within this dynamic landscape, Arizona’s Hispanic community stands out as a driving force behind the state’s economic strength and competitiveness.At the United States Hispanic…
Looking ahead, the consensus economists projections call for a slight dip in non-farm payrolls, from 209,000 in June to 200,000 in July. The unemployment rate is expected to remain stable at 3.6%, … The number of Americans filing for unemployment benefits slightly increased last week, reaching 227,000, aligning with economist predictions and indicating the U.S….
The Real Estate industry has long been regarded as traditional and slow to adapt to technological advancements. However, the emergence of blockchain technology and cryptocurrencies is poised to revolutionise the way Real Estate transactions are conducted. Let’s explore the transformative potential of blockchain and cryptocurrencies in the Real Estate sector. ACCESS TO NICHE MARKETS AND NEW OPPORTUNITIES…
By: The Bank of England has yet again raised interest rates – the 14th consecutive increase since December 2021. After June’s unexpected half a point rise, this time the increase is 0.25 percentage points, taking the base rate to 5.25%. So what does that mean for your finances?How will mortgage payments be affected?Thursday’s increase is…
By: As the Treasury secretary says, plenty of people are still willing to lend the government money even if they are demanding higher interest rates … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.