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July border encounters dropped to lowest level in four years

U.S. Customs and Border Protection (CBP) said Friday that the number of migrant encounters along the southwest border last month fell to a four-year low. “In July, Border Patrol recorded 56,408 encounters between ports of entry along the southwest border,” CBP said. stated in a press release“This is the lowest monthly total since September 2020.” […]

Mortgage rates fall to 6.47%, lowest level in more than a year, as Fed cut looms

Mortgage rates fell to their lowest level in more than a year, boon to the struggling housing market. The average interest rate on a 30-year fixed-rate loan fell to 6.47% this week, down from 6.73% last week, according to a survey conducted by mortgage broker Freddie Mac. At the same time last year, the average […]

Mortgage rates fall sharply to lowest level in over a year

Erin Sykes, chief economist at Nest Seekers International, opines on “The Bottom Line” that high interest rates continue to hurt the housing market. Mortgage rates plummeted to their lowest levels in more than a year this week, boosting demand in the housing market. Freddie Mac’s latest primary mortgage market survey released Thursday showed that the […]

Mortgage rates hit lowest level in over a year: report

New data showed mortgage rates hit their lowest since April 2023 as recession fears spread to the housing market. The real estate company Redfin report The company said Thursday that mortgage rates hit a daily average of 6.34% earlier this week, citing recent weak employment data and resulting “recession fears” as the main driver for […]

Mortgage rates drop to lowest level since May 2023

Key Metrics Home purchase Applications surged last week as mortgage rates fell to their lowest levels in more than a year. Mortgage Bankers Association (MBA) Home loan application New data released Wednesday showed mortgage rates rose 6.9% in the week ending Aug. 2. At the same time, the average rate on the popular 30-year mortgage […]

Australia Raises Terror Threat Level From ‘Possible’ To ‘Probable’ 

Police enter the Westfield Bondi Junction shopping mall after a stabbing incident in Sydney on April 13, 2024. Australian police said they received reports of “multiple people” being stabbed at the busy shopping centre in Sydney on April 13. (Photo: David Gray/AFP) (Photo: David Gray/AFP via Getty Images) OAN Staff Avril ElfiTuesday, August 6, 2024 […]