Tag Archives: Rates

3% mortgage rates aren’t dead—housing market sees 127% increase in buyers taking over old loans

July 05, 2025 3% mortgage rates aren’t dead—housing market sees 127% increase in buyers taking over old loans BY Lance Lambert Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Some homebuyers are sidestepping 6% and 7% mortgage rates by tapping into assumable mortgages. These allow buyers to … Continue reading 3% mortgage rates aren’t dead—housing market sees 127% increase in buyers taking over old loans

Robust job market gains could also mean interest rates remain high

January 13, 2025 Robust job market gains could also mean interest rates remain high The Fed could be less likely to slash borrowing costs in the near future. BY Associated Press U.S. job growth surged and unemployment fell last month, an unexpected show of strength that may prove costly to homebuyers and businesses who were counting … Continue reading Robust job market gains could also mean interest rates remain high

Mortgage rates hit yearly low following disappointing Jobs report

August 02, 2024 Mortgage rates hit yearly low following disappointing Jobs report It’s good news for home buyers, as rates put home buying more in reach. BY Sarah Bregel It’s been a challenging year so far for prospective home buyers, but Friday offered a glimmer of hope.  According to Mortgage News Daily, the average 30-year fixed … Continue reading Mortgage rates hit yearly low following disappointing Jobs report

The Fed, in a ‘no rush’ attitude, is expected to leave rates unchanged

June 12, 2024 The Fed, in a ‘no rush’ attitude, is expected to leave rates unchanged Analysts expect the Fed to leave the benchmark policy rate in the 5.25%-5.50% range. BY Reuters The Federal Reserve is expected to leave interest rates unchanged on Wednesday, with new economic projections from the U.S. central bank’s policymakers likely to … Continue reading The Fed, in a ‘no rush’ attitude, is expected to leave rates unchanged

Unemployment claims are at their highest in 8 months, but the Fed has yet to cut interest rates

May 09, 2024 Unemployment claims are at their highest in 8 months, but the Fed has yet to cut interest rates The Labor Department’s report confirms a cooling job market. BY Reuters The number of Americans filing new claims for unemployment benefits rose last week to the highest level in more than eight months, further evidence … Continue reading Unemployment claims are at their highest in 8 months, but the Fed has yet to cut interest rates

Auto insurance rates are up 22% from a year ago—and are fueling inflation

April 24, 2024 Auto insurance rates are up 22% from a year ago—and are fueling inflation Auto insurance rates rose 2.6% in March and are up 22% from a year ago. BY Associated Press Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up … Continue reading Auto insurance rates are up 22% from a year ago—and are fueling inflation

Colon cancer rates are rising. Making screening an employee benefit could help catch it earlier

April 06, 2024 Colon cancer rates are rising. Making screening an employee benefit could help catch it earlier A new benefit by Color Health is making it easier for companies—and their employees—to detect cancer. Hasbro and the Teamsters union are already customers BY Adam Bluestein Colorectal cancer is officially the leading cause of cancer-related death among younger … Continue reading Colon cancer rates are rising. Making screening an employee benefit could help catch it earlier