Today’s 15-year mortgage interest rates remain unchanged at 5.75%, while 30-year terms climb to 6.50%

By: The median interest rate on a 30-year fixed-rate mortgage is 6.50% as of October 11, which is 0.01 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.75%, which is unchanged from yesterday. Mortgage rates have risen recently, a level that economists expect will hold through the end…

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Wall Street retreats from records on unemployment, inflation news

Traders around the word awaited U.S. inflation data for September—and the implications it will have for rate cuts at the Federal Reserve’s November meeting. Brooke SeipelOctober 10, 2024 at 1:58 PMWall Street retreated from its records on Thursday following dual reports showing cooling inflation and climbing unemployment.S&P 500 Futures: 5,828.50 ⬇️ down 0.22%S&P 500: 5,780.05…

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