Mortgage interest rates are likely to move higher in August as the war in Iran appears to be intensifying. The war's outbreak initially spurred mortgage rates higher this spring, and rates' fates continue to be tied to news from the Middle East.It's true that the Federal Reserve didn't raise the funds rate at its July...

Mortgage rates could drop a little over the next few days, as central bankers at the Federal Reserve ultimately decided to hold overnight borrowing rates steady at their meeting ending July 29. Mortgage rates jumped in the days leading up to the meeting, as speculation grew among futures traders that central bankers could vote to...

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The unemployment rate for Alabama increased to 3%, up from 2.8% in April, said a recent report from the Alabama Department of Labor (ADOL).