The opposite is also true: If unemployment spikes, the Fed could be forced to make larger and/or more frequent rate cuts to avoid a recession. Such a move would put downward pressure on mortgage rates, said Odeta Kushi, deputy chief economist at First American...
Recent mortgage rate newsAfter peaking at 8% in October 2023, average mortgage rates dropped to their lowest point in roughly two years in late summer, as worrying economic indicators (rising unemployment) led investors to believe the Fed would begin cutting rates aggressively. However, ...
Most mortgage rates in California have been reduced because of the high demand for homes and low unemployment. In January 2025, mortgage rates in California are expected to remain at the current rate or decrease slightly, depending on economic conditions and consumer confidence. The current recession...
Is it better to opt for a fixed-rate or adjustable-rate 30-year mortgage? A fixed-rate mortgage offers stable payments over time, while anadjustable-rate mortgage(ARM) can have lower initial rates but may vary over the life of the loan. The better option depends on your financial situation...
30-year yield4.815% Created with Highstock 6.0.2Treasury yield %Current Treasury Yield CurveCurrentJan. 2024Jan. 20231M3M6M1Y2Y3Y5Y7Y10Y20Y30Y0%2.5%5%7.5%GuruFocus.com What is Yield Curve? Created with Highstock 6.0.2Treasury yield %Demo: Yield Curves in Three ShapesApr. 2021May 2007Aug...
The overall unemployment rate is 6.1 per cent in India according to the usual status. The rural employment rate is 8.5 per cent whereas the urban rate is 9.6 per cent. The overall unemployment rate is 8.9 per cent. The Union Ministry of Statistics and Programme Implementation had constituted ...
Centre for Monitoring Indian Economy Pvt.Ltd.(CMIE)has recently released the data about the current unemployment rate in India for May 2023.According to its statistics, Unemployment rate decreased to 7.7% due to a decline in the labour participation at 441.9 million. ...
The Queen’s funeral was additionally watched by 29.2 million people on television in the UK. *** Across the Atlantic, solemnity wasn’t the order of the day; rather, it was pure venom. Many leading news publications in the United States, especially the New York Times, did their best ...
The unfavorable and intensely competitive career environment and the high rate of unemployment has not only impaired young people’s sense of hope about achieving meaningful goals, but has also led to a series of social, emotional, and behavioral problems such as disengagement, anti-social behaviors...
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