Today’s 30-year mortgage interest rates drop to 6.88% while 15-year terms fall to 6.00%

By: The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 8, which is 0.11 percentage points lower than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.00%, which is 0.13 percentage points lower than yesterday. Due to encouraging economic data, the Fed cut the federal funds rate…

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Slightly more Americans apply for unemployment benefits last week, but layoffs remain at low levels

The number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels.The Labor Department reported Thursday that jobless claim applications rose by 3,000 … The number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels.The Labor Department reported Thursday that…

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Proposition 139: Arizona voters approve abortion rights ballot measure

Proposition 139, Arizona’s abortion rights ballot measure, has been approved by voters, the Associated Press reports. Arizona voters decide on ballot propositions Voters in Arizona have decided on some major propositions that were on the General Election ballot. PHOENIX – Proposition 139, Arizona’s abortion rights ballot measure, has been approved by voters, the Associated Press…

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