By: The median interest rate on a 30-year fixed-rate mortgage is 6.99% as of November 14, which is 0.11 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.25%, which is unchanged from yesterday. Due to encouraging economic data, the Fed cut the federal funds rate by 0.25 percentage…
By: He has also pledged to deregulate industry, push for lower interest rates and impose steep tariffs on imported goods as part of a radical plan to … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: … consumer spending driven by rising disposable income, and growing business investment. … The personal consumption expenditures price index for October … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: Keeping a stable and moderate level of inflation is important for a healthy economy. Therefore, there is value in understanding not only how overall inflation is evolving but what is driving it. Knowing why inflation changes in any given month requires looking beyond the headline number. To get a fuller picture of this evolution,…
The number of Americans applying for unemployment benefits fell to their lowest level in six months last week as layoffs remain at relatively healthy levels … The number of Americans applying for unemployment benefits fell to their lowest level in six months last week as layoffs remain at relatively healthy levels … See the entire…
By Hedge fund icon David Einhorn said at CNBC’s Delivering Alpha investor summit on Wednesday that he has increased his market bets on inflation as a result of the belief that Donald Trump’s second-term policies could overheat the economy and the administration will be willing to tolerate it. He cited tax cuts and an immigration…
Although it took a week for Arizona’s U.S. Senate race to be called, it doesn’t meet the requirement for an automatic recount. PHOENIX — Although it took a week for Arizona’s U.S. Senate race to be called, it doesn’t meet the requirement for an automatic recount. By the time The Associated Press called the contest…
By: Lucia MutikaniNovember 14, 2024 at 8:56 AMBy Lucia MutikaniWASHINGTON (Reuters) -U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, more evidence that progress towards lower inflation was stalling.The report from the Labor Department on Thursday followed on the heels of news on Wednesday that…
The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along and that the abrupt slowdown in job growth in October was … The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along and…
By: … latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.