LOS ANGELES (AP) — The average long-term U.S. mortgage rate rose to its highest level in five weeks, a setback for prospective homebuyers during what’s traditionally the busiest time of the year for home sales. The average rate on a 30-year mortgage rose to 6.88% from 6.82% last week, mortgage buyer Freddie Mac said Thursday. […]
LOS ANGELES (AP) — The average long-term U.S. mortgage rate rose to its highest level in five
In its meeting of 4 April 2024, the Board of the National Bank of Romania (NBR) decided to keep the monetary policy rate at 7.00 percent per annum and to leave unchanged the lending (Lombard) facility rate at 8.00 percent per annum and the deposit facility rate at 6.00 percent per annum. The Romanian central […]
The number of mortgage applications, including refinancings and additions, increased by 16 percent in the first quarter of 2024 compared to the same quarter last year. Applications for the purchase of a home increased by 19 percent, De Hypotheker reported on Wednesday. Half of these applications were from young home buyers under the age of 35.
Mortgage interest rates have fallen across a range of products in recent weeks
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.01% from 6.91%.
Analysts expect the headline rate of inflation for March to ease to 3.2 per cent from 3.4 per cent, when new figures are published this week.
Headwater Exploration Inc. (OTCMKTS:CDDRF – Get Free Report) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 1,389,000 shares, a decline of 18.7% from the March 15th total of 1,709,000 shares. Based on an average daily volume of 38,400 shares, […]
LOS ANGELES >> The average long-term U.S. mortgage rate rose to its highest level in five weeks, a setback for prospective homebuyers during what’s traditionally the busiest time of the year for home sales.
Inflation likely remained elevated once again for the month of March, adding another round of price increases to Americans' already-strained wallets. On paper, the U.S. economy looks solid. The unemployment rate has now remained below 4% for the longest stretch since the 1960s. Stocks are at all-time highs. The economy continues to add jobs. But since the start of the pandemic, Americans have seen average prices increase more than 20% overall — giving people a sense that the cost of many...
HONG KONG (AP) — Asia stocks were mostly higher on Tuesday, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve. Oil prices advanced while U.S. futures were mixed. The yen weakened, coming close to a 34-year low. Japan’s benchmark Nikkei 225 gained 0.8% []
The March consumer price index data, released today, showed inflation rose to a 3.5% pace year over year, faster than February's 3.2% rate. The core data exceeded expectations too. The news is likely to delay interest-rate cuts by the Federal Reserve.