Rates of skipping class remain high in schools, with students missing ’10 percent’ of the school year: study
A new study released this week reveals that chronic absenteeism continues to plague America's school systems as teachers struggle to keep students in the classroom throughout the year. “Ninety percent of students attended school on a regular day this fall, according to a new federal study. Experts say that number remains too low amid public […]
Mortgage rates drop to lowest level since last spring: Freddie Mac
Interest rates on 30-year mortgages have fallen to 6.6%, according to Freddie Mac. (iStock) Mortgage rates continued their downward trend this week, dropping to levels not seen since last spring, according to Freddie Mac. The average interest rate on a 30-year fixed-rate mortgage was 6.6% for the week ending Jan. 18, according to Freddie Mac's […]
NYC building sales slump despite plummeting prices because of crippling regulations, high interest rates
City building values are falling under the weight of high interest rates, crippling regulations, and massive vacancies caused by working from home and layoffs due to the pandemic. Many properties are currently worth less than their debts and remain unsold. Sales in 2023 were the lowest since 2009, according to the New York Real Estate […]
The Fed Has No Justification to Cut Interest Rates in March
Breitbart economics editor John Carney said there is nothing in the latest economic data to justify the Fed cutting rates after its March meeting. Said FOX Business host Larry Kudlow said in an interview Wednesday. Kudlow said economic data clearly shows that central bank tightening is not slowing inflation, so the move by Fed officials […]
Mortgage rates | Fox Business
Real estate agent Sam DeBianchi, president of DeBianchi Real Estate, gives advice to millennials struggling to buy a home on Making Money. Mortgage rates fell this week to their lowest level in eight months, a welcome development for potential homebuyers who have been watching rates rise over the past few weeks. Freddie Mac's latest primary […]
This week’s personal loan rates lower for 3- and rise for 5-year loans
Here at Credible Operations, Inc. (NMLS No. 1681276) (hereafter referred to as “Credible”), our goal is to give you the tools and confidence you need to improve your finances. We promote the products of financial institutions we work with in exchange for our services, but all opinions are our own. Weekly updates on the latest […]
Housing starts fall in December despite sharp drop in mortgage rates
Mitch Roschelle, founding partner of Macro Trends Advisors, has joined Varney & Co. This is to discuss the housing market under the Biden administration as monthly mortgage payments continue to rise. Despite a sharp decline in mortgage rates, construction of new homes in the United States fell for the first time in four months in […]
China Hits Record Low Fertility Rates in 2023
China's National Bureau of Statistics released data for 2023 on Wednesday, revealing the population has declined for the second year in a row and the birth rate remains at a record low. The Chinese government blamed the population decline on the Wuhan coronavirus pandemic, with its rising death rate and strict lockdown, but Reuters reports […]
UK housing market sees ‘respite’ as mortgage rates ease | Property
Research sources say the housing market has experienced some “rest” in recent weeks as mortgage rates ease after a tough 2023. A December report from the Royal Institution of Chartered Surveyors (Rics) said that while inquiries from new buyers had fallen in recent months, the trend was nearing a flattening. A Rix survey of real […]
Private student loan interest rates trend downward for 10-year loans
Here at Credible Operations, Inc. (NMLS No. 1681276) (hereafter referred to as “Credible”), our goal is to give you the tools and confidence you need to improve your finances. We promote the products of financial institutions we work with in exchange for our services, but all opinions are our own. The latest private student loan […]