The average long-term U.S. mortgage rate ticked up slightly this week after four weeks of declines, a possible sign of stability that could draw in home shoppers with spring buying season weeks away.
Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate inched up to 6.12% this week from 6.09% last week. The average rate a year ago was 3.69%.
While acknowledging that some measures of inflation have eased, Fed Chair Jerome Powell appeared to suggest last week that he foresees two additional quarter-point rate hikes this year. The big rise in mortgage rates during the past year has devastated the housing market, with sales of existing homes falling for 11 straight months to the lowest level in more than a decade. Higher rates can add hundreds of a dollars a month in costs for homebuyers, on top of already high home prices.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Report: Average of 81 cars stolen daily in Pierce, King counties last monthMembers of the task force said they’re noticing a trend of thieves targeting cars parked at apartment complexes.
Les mer »
Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Days – Bitcoin NewsStatistics show that average transfer fees on the Bitcoin network have increased 122% since the end of last month.
Les mer »
JPMorgan: Ethereum’s Shanghai Upgrade to Raise Staking Toward Proof-Of-Stake-Blockchain Average.jpmorgan says assuming the ethereum staking ratio rises to the 60% average of other PoS networks following the Shanghai upgrade, the validator number could rise to 2.2 million and the staking yield fall to around 5%. By willcanny99.
Les mer »
Tweet misstates average Canadian family incomeIncome gains for the richest Canadians have outpaced most households since the 1980s, but a tweet claiming more than half of all families are surviving on less than $20,000 per year is inaccurate. The most recent data indicate families in the bottom 10 percent of earners bring in $45,400 on average.
Les mer »
Ethereum gas price spikes 29% in January as user activity grows: ReportA data report shows that Ethereum’s average gas price increased by 29.27% in January 2023.
Les mer »
January was one of the warmest on record, with Northeast temps soaring 11-12 degrees higherThe widespread warm temperatures across the country pushed the national average for the month to 35.2 degrees, 5.1 degrees above average.
Les mer »