Tag: interest rate
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US job openings fall to 3-1/2-year low in July
WASHINGTON (Reuters) - U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but probably not enough...
Mortgage and refinance rates today, September 1, 2024: Rates fell 20 points in August
The current 30-year mortgage rate is 5.93%, according to Zillow data. That's 20 points lower than Aug. 1, when the rate was 6.13%. The...
The Fed Just Flagged Its First Interest Rate Cut Since March 2020. It Might be Bad News for Stocks.
"The time has come for policy to adjust." Those were the words of Federal Reserve Chairman Jerome Powell on Friday at the annual Jackson...