The US economy grew at a significantly slower pace than initially estimated for the final months of 2025, government data showed Friday, a major downgrade that comes as fallout from war in the Middle East looms.
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As the Iran war continues into its second week, markets remain unsettled by uncertainty over oil prices and inflation — two forces that ripple through the economy to affect mortgage rates.The average rate on a 30-year fixed-rate mortgage rose seven basis points to 5.98% APR in the week ending March 12, according to rates provided...
(The Center Square) – The U.S. Senate overwhelmingly passed the bipartisan 21st Century ROAD to Housing Act, a bill to increase American housing supply and lower home prices, in an 89-10 vote Thursday.
Consumer inflation in the United States remained stable at 2.4 percent in February, official data showed Wednesday, with price shocks from the US-Israel war on Iran yet to be reflected in the data.
Sean Robinson, a 54-year-old schoolteacher in the US capital Washington, did not realize how high gas prices had gotten until he arrived at the pump on Friday.
Crude prices surged Friday on mounting fears about oil supply disruption during the Middle East war, while equities retreated on poor US hiring data.
Mortgage rates increased this week following news of a new war in the Middle East. In the week ending March 6, the average 30-year fixed mortgage rate went up seven basis points from the week prior to 5.94%, according to rates provided to NerdWallet by Zillow. (A basis point is one one-hundredth of a percentage...
The United States unexpectedly lost jobs in February while unemployment edged up, government data showed Friday, piling pressure on President Donald Trump's economic agenda as key midterm elections approach.
Major US indices bounced back as investors jumped on an equity market pullback late last week
Most stock markets bounced on Monday on hopes of US interest rate cuts after weak jobs figures raised concerns about the world's top economy.
