Editorial Independence We want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money. After a dramatic month of rate movement and economic news, home
Tag: June
June 2022 Manufacturing Business Outlook Survey Note: Survey responses were collected from June 6 to June 13. Manufacturing activity in the region weakened, according to the firms responding to the June Manufacturing Business Outlook Survey. The indicators for current activity and new orders turned negative, and the shipments index also declined but remained positive. However,
The numbers: Inflation in the U.S. rose sharply again in June and the increase over the past year remained at a 13-year high, raising the cost of living for consumers and casting a shadow over a strong economic recovery. The so-called PCE price index rose a sharp 0.5% in June, government figures show. It was
New-home purchase application volume dropped every month in the second quarter, while building costs and low inventory drove loan amounts to an all-time high. June applications fell 3% from May and 23.8% year-over-year, according to the Mortgage Bankers Association’s Builder Application Survey. June’s seasonally adjusted annual estimate of 704,000 sales declined 5% from May’s 741,000
Simon Dawson/Getty Some important mortgage rates dropped off today. Average 15-year fixed mortgage rates are higher, while average 30-year fixed mortgage rates shrank. At the same time, average rates for 5/1 adjustable-rate mortgages declined. Mortgage interest rates are never set in stone, but interest rates are the lowest they’ve been in years. Because of this,
John Greim/Getty A variety of major mortgage rates sunk lower today. While 15-year fixed mortgage rates grew, interest rates on 30-year fixed-rate mortgages dwindled. For variable rates, the 5/1 adjustable-rate mortgage decreased. Mortgage interest rates are never set in stone, but interest rates are historically low. Because of this, right now is a great time
Bruce Bisping/Getty Today, most of the major mortgage rates held steady. The 30-year fixed and 5/1 adjustable-rate mortgages remained flat. However, the 15-year fixed mortgage dropped. While mortgage rates always fluctuate, they have recently been at historic lows. If you’re considering buying a home, right now may be an ideal time to lock in a
UC Clermont to host Manufacturing Engineering Technology info session at Grant Career Center June 17
UC Clermont Manufacturing Engineering Technology students learn hands-on, marketable skills in the college’s new lab at Grant Career Center in Bethel. Photo/Danny Kidd Submitted by UC Clermont College. UC Clermont will hold an in-person information session to highlight the Manufacturing Engineering Technology program located at Grant Career Center in Bethel, Ohio, on Thursday, June 17
Karl Mondon/Getty Images A variety of important mortgage rates saw growth Friday. While 15-year fixed mortgage rates were the same, interest rates on 30-year fixed mortgages inched up. We also saw a rise in the average rate of 5/1 adjustable-rate mortgages. Although mortgage rates are always changing, they are quite low right now. For those