Current Mortgage Interest Rates

By: Mortgage rates today: Monday, July 24, 2023On Monday, July 24, 2023, the average interest rate on a 30-year fixed-rate mortgage dropped three basis points to 6.88% APR. The average rate on a 15-year fixed-rate mortgage went up two basis points to 6.106% APR, and the average rate on a 5-year adjustable-rate mortgage grew four…

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IMF global economic outlook sees slight growth, but inflation still a drag

By WASHINGTON (AP) — Global growth will see a slight improvement compared to previous International Monetary Fund projections but “many challenges still cloud the horizon, and it is too early to celebrate,” the organization’s chief economist said Tuesday.IMF economist Pierre-Olivier Gourinchas gave his assessment as the organization projected that global economic growth will slow to…

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The US economy is in for rollercoaster inflation and could be headed for an ultra-rare ‘full employment recession,’ BlackRock says

By The economy is in for rollercoaster inflation that could hurt corporate profits, BlackRock strategists said. They pointed to conflicting inflation pressures in the US, with prices falling though wages are rising. Markets are in a new regime of volatility that could bring on a “full employment recession,” they added. Loading Something is loading. Thanks…

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