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Average U.S. mortgage rates drop to lowest level in 4 months

Mortgage rates in the United States have continued to decrease, reaching their lowest point in four months. The average rate for a 30-year mortgage has fallen to 7.03%, while borrowing costs for 15-year fixed-rate mortgages also declined. This trend is attributed to the recent drop in the 10-year Treasury yield and hopes that the Federal Reserve will halt interest rate hikes in an effort to control inflation. ....

Freddie Mac , Federal Reserve , Ee National , He Economy ,

Holiday shopping: Trends in worker earnings and spending

Deloitte survey reveals 95% of Americans plan to shop for gifts this season, with expected spending increase of 14% compared to 2022, regardless of rising prices and economic uncertainties. ....

United States , Ee National ,

Average U.S. mortgage rates drop to lowest level in 4 months

Mortgage rates in the United States have continued to decrease, reaching their lowest point in four months. The average rate for a 30-year mortgage has fallen to 7.03%, while borrowing costs for 15-year fixed-rate mortgages also declined. This trend is attributed to the recent drop in the 10-year Treasury yield and hopes that the Federal Reserve will halt interest rate hikes in an effort to control inflation. ....

Freddie Mac , Federal Reserve , Ee National ,