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Wall Street gives back some of Wednesday's gains despite lower unemployment numbers
for benefits last week. That figure dropped by 2,000, following an early report that showed strong jobs growth. Freddie Mac says mortgage rates rose this week, and with the interest rate hike coming, they're expect to climb even more
Labor Department Says Fewer Americans Filing for Unemployment, Wall Street Posts Small Losses
Thursday that the number of Americans filing for unemployment benefits dropped by 5,000 last week. Also on Thursday, Freddie Mac said that rates on 30-year fixed loans slipped to about 3.97 percent. Rates on 15-year mortgages -- popular
What to Know About the Anticipated Increase in Interest Rates
Mortgage rates are low by historical standards, having remained below four percent for nine straight weeks. Yesterday, Freddie Mac reported that the interest rate on 30-year fixed rate mortgages dropped by 5 basis points to 3.86 percent. Last
Three Things Households Should Know While Interest Rates Stay Low
financial analyst Greg McBride said. 2. Your mortgage While Freddie Mac chief economist Sean Becketti forecasts a moderate increase ..... averaged 3.91 percent for the week ending Sept. 17, Freddie Mac reported Thursday, up from last week when it averaged
Rep. Jeb Hensarling: Dodd-Frank Act is 'Obamacare for Our Economy'
increase financial stability.’ It didn’t happen. But, Dodd-Frank did nothing to reform Fannie Mae and Freddie Mac , which were at the epicenter of the crisis. It enshrined taxpayer-funded bailouts and ‘too big to fail’ into law, and it imposed 400 new burdensome, job
The federal budget deficit is not growing
economic growth, higher taxes, lower government spending, and increased dividends from mortgage giants Fannie Mae and Freddie Mac have helped shrink the deficit. -0- Our thought for today is from Mark Twain: "Get your facts first, and then