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The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.
HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle with high mortgage rates amid a housing crisis.
Can the city of New York sell groceries more cheaply than the private sector? The mayoral candidate Zohran Mamdani thinks so.
In a week marked by wild headlines, mortgage rates remained relatively calm, thanks to improvements in mortgage spreads.
U.S. President Donald Trump might face an increase of nearly $60 billion (around £44 billion) in interest costs if he opts to oust Federal Reserve chair ...
By JIM SPEHAR ...
Taking into account the latest inflation data, the state announced Friday the maximum allowed rent increase for 2026.
Trump has criticized Powell for months because the chair has kept the short-term interest rate the Fed controls at 4.3% this ...
Trump’s attacks on Powell and the Fed more generally are damaging, say experts, because investors expect the Fed to operate ...
U.S. single-family homebuilding dropped to an 11-month low in June as high mortgage rates and economic uncertainty hampered home purchases, suggesting residential investment contracted again in the ...
But, for now at least, a steady if unspectacular job market and a stock market hitting new highs appears to be enough to keep ...
The prices for food at home rose 0.3 in June, while food away from home, meaning restaurants, ticked up 0.4% on a monthly basis. Notably, the Trump administration has recently imposed a 17% tariff on ...
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