Economy News Us Economy News Today Mortgage Amounts Are At A Nearly Two Year High
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Mortgage rates set to rise? 30-year Refi hits 6.27%, as Former Treasury Secretary warns of ‘unsustainable’ U.S. debt and looming spike in borrowing costs
2021: ~2.9% average 30-year fixed 2023: ~7.4% 2024: ~6.6% 2025 (current): ~6.27% Even though today’s rates are lower than their peak, they remain nearly ... where mortgage rates will head next. Some ... Read More
‘Jenga Tower’ US Economy Teeters as Middle Class Pulls Back Spending
This dichotomy between the haves and have-nots isn’t new, but the economic strain is now bleeding from the lowest earners to the middle class, creating an even starker divide that some economists say ... Read More
Mortgage rates fall to lowest level of 2025
Americans frustrated by high home borrowing rates may have gotten some welcome news this week. The average 30-year fixed mortgage rate dropped to 6.19% for the week ending October 23, down from 6.27% ... Read More
US economy at risk of wobble as lower-income consumers get squeezed
The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the potential ... Read More
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