Mortgage rates jump to 6.29% — highest in 15 years
Average long-term mortgage rates jumped by more than a quarter-point this week to their highest level since 2007 as the ...
Tag: federal reserve
Stocks rise ahead of Fed rate-hike announcement
Stocks rose on Wednesday ahead of a widely expected hefty rate hike from the Federal Reserve, with investors waiting for cues on ...
Billionaire David Rubenstein warns 100-point Fed rate hike would ‘depress’ markets
The Carlyle Group co-founder David Rubenstein argued that if the Federal Reserve moves to increase interest rates 100 basis points, ...
US housing market in ‘deep recession’ as homebuilder confidence tanks: economist
The US housing market is in the midst of a “deep recession” that could put pressure on the Federal Reserve ...
Goldman Sachs consumer banking unit facing Fed scrutiny: report
Goldman Sachs’ consumer banking unit is being reviewed by the Federal Reserve, Bloomberg Law reported on Friday, citing people familiar with the matter. ...
Mortgage rates top 6%, first time since 2008 housing crash
Average long-term US mortgage rates climbed over 6% this week for the first time since the housing crash of 2008, ...
Jobless claims fall for 5th straight week
The number of Americans applying for unemployment benefits fell again last week to a four-month low even as the Federal ...
Job openings rose in July after three months of declines
The number of open jobs in the United States rose in July after three months of declines, a sign that ...
Home sale cancellations rise in ‘remarkably uncertain time’
The US housing market is in the midst of a significant pullback, with cooling conditions that have contributed to a ...
Key inflation gauge watched by Fed shows prices eased in July
Inflation eased last month as energy prices tumbled, raising hopes that the surging costs of everything from gasoline to food ...
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