By: The median interest rate on a 30-year fixed-rate mortgage is 5.990% as of September 13, which is unchanged from yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.000%, which is 0.250 percentage points lower than yesterday.Investors are hoping for a half-point interest rate cut at the Federal Reserve’s meeting in…
By A week’s worth of inflation data showed that price pressures have eased substantially since their meteoric rise in 2021-22. Fed officials head into their two-day policy meeting Tuesday closer to their goal of low inflation, but how much they will ease interest rates remains an open question. “The federal funds rate has been over…
By: Jora Gleason and her husband Zach Carman had been house hunting for months in their hometown of Spokane, Washington, with little success.Everything in their price range “needed some fixes,” Gleason said. The one property they made an offer on turned out to be in such poor shape that an inspector needed only 10 minutes…
Arizona’s Civil War-era ban on nearly all abortions is officially repealed. Saturday marks the day a repeal approved by state lawmakers and signed by the Democratic governor takes effect. PHOENIX (AP) — Arizona’s Civil War-era ban on nearly all abortions officially is being repealed Saturday.The western swing state has been whipsawed over recent months, starting…
By: … Consumer Price Index. The Personal Consumption Expenditures price index, which the Federal Reserve uses for its official 2% inflation target, has … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By Washington CNN — Americans are feeling a greater sense of optimism about the US economy this month, thanks to slower inflation. Voters also see a greater likelihood that Vice President Kamala Harris will defeat former President Donald Trump in the upcoming November election. The University of Michigan’s latest consumer survey, released Friday, showed that…
By: The median interest rate on a 30-year fixed-rate mortgage is 5.990% as of September 11, which is 0.010 percentage points lower than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.250%, which is also unchanged from yesterday.Investors are hoping for a half-point interest rate cut at the Federal Reserve’s meeting…
By Ernest Scheyder (Reuters) -Native American opposition to Rio Tinto and BHP’s Resolution Copper mine could prove crucial for the 2024 U.S. presidential vote in the battleground state of Arizona, … By Ernest Scheyder (Reuters) -Native American opposition to Rio Tinto and BHP’s Resolution Copper mine could prove crucial for the 2024 U.S. presidential vote…
By: There are pros and cons to locking in a lower mortgage rate this month. Getty Images/iStockphoto The moment homebuyers have been waiting for will soon be here: the Federal Reserve will finally cut its federal funds rate. Frozen at a range between 5.25% and 5.50% — the highest level in decades — the Fed is now…
By: MOSCOW (AP) — Russian central bank hikes interest rates by 1 percentage point to 19% to fight inflation fueled by military spending. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.