Mortgage applications drop 5.1 percent as rates rise despite Fed cuts
Mortgage applications fell earlier this month as interest rates rose following September's strong employment report. Recent data from the Mortgage Bankers Association's (MBA) Weekly Application Survey shows the number of applications for mortgage loans. decreased by 5.1% In the first week of October. Mike Fratantoni, Senior Vice President and Chief Economist, said, “Following strong economic […]
210,000 unsolicited voter registration applications sent out in Democrat Texas county in defiance of AG Paxton
Hundreds of thousands of San Antonio-area residents may have received unsolicited voter registration applications this month after county leaders approved the mass mailings over the objections of Texas' Republican Attorney General Ken Paxton. On September 2, Paxton Letter to Bexar County Very Democratic areas of Texas San Antonio has urged city officials to strongly reconsider […]
FAFSA forms delayed again after last year's shaky rollout of revamped applications
The Department of Education announced Wednesday that the Free Application for Federal Student Aid (FAFSA) application process for prospective college students next school year will not open fully until Dec. 1, two months later than the usual schedule. The delayed timeline follows a chaotic rollout of the revised form this year that was beset by […]
Labor market keeps cooling as applications for unemployment benefits rise
While new claims for unemployment benefits rose last week, the number of unemployed people rose further toward the end of June to a 2-1/2-year high, reflecting a gradual cooling in the labor market. Weakening labor market momentum and fading inflationary pressures are likely to lead the Federal Reserve to begin cutting interest rates later this […]
Mortgage rates on the decline while applications rise: Freddie Mac
Mortgage rates are likely to continue to fall as the Federal Reserve has signaled it will start cutting interest rates. (iStock) Mortgage rates fell for a second straight week in response to positive economic data, according to Freddie Mac. According to Freddie Mac’s latest report, the average 30-year fixed-rate mortgage for the week ending June […]
Biden admin dismisses over 350K migrant asylum applications since 2022: report
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Harvard University sees small dip in applications following Gay controversies
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Harvard applications drop after antisemitism
Undergraduate applications to Harvard have declined this year, following a turbulent period in which the historic Ivy League school’s once-glorious reputation was tarnished by anti-Semitism and plagiarism scandals. Harvard University announced on Thursday The number of applicants for admission in 2028 was 54,008, a decrease of 5% from the previous year. This marks the lowest […]
Mortgage rates dropped this week, but mortgage applications also declined
Mortgage interest rates have dropped to 6.79% for 30-year mortgages. (iStock) Mortgage interest rates continued to decline slightly this week. Freddie Mac reported. The average interest rate on a 30-year fixed-rate mortgage was 6.79%, down from last week’s average of 6.87%. At this time last year, mortgage rates for 30-year mortgages averaged 6.35%, near the […]
Harvard sees small drop in applications as it weathers controversy
After months of controversy over plagiarism and antisemitism, Harvard saw a small drop in undergraduate applications for the class of 2028, according to data published Thursday night. The school received nearly 3,000 fewer applications this year than last, although the drop represented a modest 5.14% decrease in applicants overall. Harvard noted that this year marked […]
