By: The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 11, which is unchanged from Friday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.13%, which is 0.13 percentage points higher than Friday. Due to encouraging economic data, the Fed cut the federal funds rate by 0.25 percentage…
By: … expenses side of the ledger. … The latest reading, posted Oct. 31, on the Fed’s favorite inflation metric, Personal Consumption Expenditures, was 2.1% … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
Lisa Puente and Arthur Marquez were arrested last week and charged with mail fraud, unauthorized access devices and aggravated identity theft. Lisa Puente and Arthur Marquez were arrested last week and charged with mail fraud, unauthorized access devices and aggravated identity theft. See the entire article on Arizona’s unemployment, or, read more Arizona real estate…
By: Veterans who received loan modifications are still paying higher interest rates than those in forbearance. Newly. issued modified loans. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By Dollar braces for US inflation data and several Fed speakersSYDNEY, Nov 11 (Reuters) – The dollar started in a cautious mood on Monday as markets braced for U.S. inflation data and a throng of Federal Reserve speakers this week, while the yuan nursed a hangover from Beijing’s latest underwhelming stimulus package.Highlighting the weak background in China, data…
Unemployment data mapped by Newsweek has revealed which states have seen the highest rises in claims since last year. Unemployment data mapped by Newsweek has revealed which states have seen the highest rises in claims since last year. See the entire article on Arizona’s unemployment, or, read more Arizona real estate investing news. The choice…
By: The Federal Reserve reduced interest rates on Thursday, but experts say rates on home loans won’t fall by the same amount. Here’s why. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: Many Americans have been holding back from jumping into the housing market in the hopes that mortgage rates will decline. So far, they haven’t. The average 30-year mortgage rate has been above 6% for two years — and is likely to stay above that level for the foreseeable future, experts say, NBC reports. A combination of…
The Associated Press declared President-elect Donald Trump the winner in Arizona on Saturday night after vote updates in Maricopa and other counties added to his overall lead, putting the state out of … WASHINGTON — The Associated Press declared President-elect Donald Trump the winner in Arizona on Saturday night after vote updates in Maricopa and…
By: The investment bank forecasts that the Commerce Department’s Personal Consumption Expenditures … consumer spending. Rate cuts should also … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!