New home construction in the US slowed last month as a leveling off in interest rates has given way to a lull in housing demand and caution among builders.
Nearly all crime, including violent and property offenses, was down ‘a considerable amount’ in 2023 compared with 2022Homicides in major US cities are falling at likely “one of the fastest rates of decline ever recorded”, a crime analysis has found.Jeff Asher of AH Datalytics, a New Orleans-based data-analytics company focused on criminal justice, education and the non-profit sector, discussed that finding with the Wall Street Journal on Monday after combing through quarterly data recently...
Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its highest level in nearly five months. The average rate on a 30-year mortgage rose to 7.1% from 6.88% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate […]
LOS ANGELES (AP) — Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its highest level in nearly five months. The average rate on a 30-year mortgage rose to 7.1% from 6.88% last week, mortgage buyer Freddie Mac said Thursday. A […]
Home loan rates have been mostly drifting higher after a string of reports this year showing inflation
By ALEX VEIGA (AP Business Writer) LOS ANGELES (AP) — The average long-term U.S. mortgage rate climbed this week to its highest level since late November, another setback for home shoppers in what’s traditionally the housing market’s busiest time of the year. The average rate on a 30-year mortgage rose to 7.17% from 7.1% last […]
After experiencing a period of high fees, onchain transfer costs on the Bitcoin network have decreased significantly. On Friday, the fees peaked at $240 per transaction, but by now they have fallen to just $11.06 each. Since reaching block height 840,179, miners are now earning less bitcoin in rewards compared to before the halving event […]
LOS ANGELES (AP) — The average long-term U.S. mortgage rate climbed this week to its highest level
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".
Homicides are falling across the U.S. And that shift could impact the role crime — often a top voter concern — plays as an issue in November's election. But it is a phenomenon for which experts don't have a clear explanation. Some say homicide peaks come and go in cycles, some say policing improved after the []
Commerce department says gross domestic product growth decelerated to 1.6% at start of year as consumers slowed spendingAmerica’s leading stock indices came under pressure on Thursday after official data revealed that US economic growth slowed sharply to its weakest rate in almost two years.But as high interest rates take their toll on the world’s largest economy, inflation continues to loom large. Continue reading
Smartphone activations in the US are seeing the lowest share of iPhones in six years, according to data from Consumer Intelligence Research Partners (CIRP). The analysts report the numbers each quarter but use a 12-month period to eliminate seasonality (iPhone sales are always the weakest just before the new generation launches and the strongest just after). For most of 2023, Apple held steady at around 40%. However, it share began to slip at the end of the year and is now down to 33% at the...