Mortgage rates reach an 11-month low, boosting hope for buyers.
Mortgage fees have dipped to the lowest point in 11 months, following the recent Labor Day weekend. This has resulted in a slight decrease ahead of new employment figures expected on Friday. The average rate for a 30-year fixed home loan was reported at 6.5% for the week ending September 4, down from 6.56% the […]
PPI Inflation Hitting 11-Month High ‘Tempers’ Worries, ‘Inflation Has Been Coming Down’
On Bloomberg’s Thursday broadcast of “Balance of Power,” Heather Boushey, a member of the White House Council of Economic Advisers, said March PPI inflation data: It marked the highest level in almost a year., “allayed” concerns following the CPI report, asserting that “this economy continues to serve the American people,” adding, “It’s clear that we’ve […]