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
Tag: June
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