Mortgage rates top 3% for first time since last summer
Kathy Orton, The Washington Post
March 4, 2021
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The 30-year fixed-rate mortgage, the most popular mortgage product, rose above 3% for the first time in seven months this week.
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average climbed to 3.02% with an average 0.6 point. (Points are fees paid to a lender equal to 1% of the loan amount and are in addition to the interest rate.) It was 2.97% a week ago and 3.29% a year ago.
The 30-year fixed average, which hasn t been above 3% since late July, has jumped more than 35 basis points since January. (A basis point is 0.01 percentage point.)
By Reuters Staff
3 Min Read
WASHINGTON (Reuters) - The Capitol Police have asked the Pentagon to extend the National Guard’s mission to protect the U.S. Capitol for an additional two months, a defense official told Reuters on Thursday.
Members of the National Guard patrol at the U.S. Capitol after police warned that a militia group might try to attack the U.S. Capitol in Washington, U.S., March 4, 2021. REUTERS/Joshua Roberts
National Guard troops were dispatched to the Capitol grounds after the Jan. 6 attack by supporters of former President Donald Trump, and tall fencing has been erected to extend the security perimeter.
The U.S. Senate voted on Thursday to take up President Joe Biden's $1.9 trillion coronavirus aid bill, but put off the start of a contentious debate until the full text of the 628-page bill was read aloud.
President Joe Biden will sign a sweeping election reform bill after it is refined and passed by Congress, he said on Thursday, a day after it passed the U.S. House of Representatives.
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Rep. Tom Malinowski s office blamed an oversight on his failure to disclose stock trades.
By law, members of Congress must publicly disclose their personal stock trades within 45 days.
Failure to publicly report such stock trades may result in investigations or fines.
Government transparency has been a cornerstone of Rep. Tom Malinowski s congressional tenure.
But the two-term New Jersey Democrat failed to publicly disclose dozens of personal stock trades, an apparent violation of the federal STOCK Act, according to an Insider review of US House financial documents and interviews with Malinowski s congressional office.