By: Speaking to CNBC, Chicago Fed President Austan Goolsbee acknowledged that one important indicator of inflation, the Personal Consumption Expenditures … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 15, which is 0.11 percentage points lower than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.13%, which is 0.12 percentage points lower than yesterday. Due to encouraging economic data, the Fed cut the federal funds rate…
By: Despite inflation easing, the core Personal Consumption Expenditures (PCE) price index remains at 2.8%, above the Fed’s 2% target, potentially slowing … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: Getty ImagesMortgage costs are rising – with the average rate on a two-year fixed deal now at 5.5% – despite a recent cut in interest rates.A string of lenders, including Barclays, HSBC, NatWest and Nationwide, have increased the rates charged on new fixed deals in recent days.That has created a headache for borrowers hoping…
The Labor Department reports that first-time unemployment claims fell to a six-month low last week. During that period, 217,000 people filed new claims for unemployment insurance . Back in the summer and early fall, that number spiked as high as 260,000, said economist Tuan Nguyen at consulting firm RSM. The Labor Department reports that first-time…
By: “An increase in the nowcast of fourth-quarter real personal consumption expenditures growth was offset by a decrease in the nowcast of fourth … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: … Arizona, Louisiana, and Mississippi. The six states … A 3-2-1 buydown mortgage offers borrowers a three-year break from high interest rates. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
Two major automakers, General Motors and Stellantis, are closing shop in Arizona. Here’s what we know about layoffs and the facilities in Mohave and Yuma counties. YUMA, AZ (AZFamily) — Two of the largest American automakers have announced the closure of two legacy testing facilities in Arizona amid significant restructuring and layoffs in recent weeks….
By: Somehow, Americans have managed to increase “real personal consumption expenditures” (the calculation of consumption in the gross national product … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: The Arizona International Auto Show returns to the Phoenix Convention Center after being canceled last year … “With falling interest rates, increased … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.