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U.S. Mortgage Rates Drop to Five-Month Low With 30-Year at 3.97% | Latest News

Economic Indicators News

U.S. 30-year mortgage ... Interest rates on U.S. 30-year mortgages dropped back below 4 percent this week in line with a drop in Treasury yields, retreating from their highest levels ... U.S. weekly jobless claims fall to near five-month low By Reuters ... read more

Typical U.S. home now worth over $200,000

The typical U.S. home ... level. Mortgage buyer Freddie Mac said Thursday that the rate on 30-year, fixed-rate mortgages fell to an average 3.96 percent from 4.03 percent last week. It stood at 3.45 percent a year ago and averaged a record low 3.65 percent ... read more

Business briefs: stocks snooze; Sears cuts deal with Amazon

NEW YORK — U.S. stock ... level. Mortgage buyer Freddie Mac said Thursday that the rate on 30-year, fixed-rate mortgages fell to an average 3.96 percent from 4.03 percent last week. It stood at 3.45 percent a year ago and averaged a record low 3.65 ... read more

U.S. weekly jobless claims drop; producer prices unexpectedly rise

The labor market is near full employment, with the jobless rate at 4.4 percent. The drop ... for both low and high-skilled positions, particularly in the construction and IT sectors." Prices for U.S. Treasuries fell, with the yield on the 30-year ... read more

Why can’t we get the economy just right?

Paralleling the drop in the inflation rate has been a similar reduction in interest rates. In 1981 the 30-year fixed mortgage interest ... about a downside to low oil and gas prices resulting from the almost unbelievable surge in U.S energy production. read more

U.S. labour market strengthening; producer prices creeping up

The labour market is near full employment, with the jobless rate at 4.4 percent. The drop ... both low- and high-skilled positions, particularly in the construction and IT sectors." Prices for U.S. Treasuries fell, with the yield on the 30-year government ... read more

Fannie Mae Sees Growth Slowing, Housing Restrained by Inventories

Improving growth abroad along with the 4 percent decline in the dollar so far this year, should help improve U.S. manufacturing ... that mortgage rates will continue to support housing demand through the rest of the year and that the 30-year fixed rate ... read more

Mike Walden: Why can't we get the economy just right?

Paralleling the drop in the inflation rate has been a similar reduction in interest rates. In 1981 the 30-year fixed mortgage interest ... about a downside to low oil and gas prices resulting from the almost unbelievable surge in U.S energy production. read more
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