US Treasury yields remained largely unchanged on Wednesday as investors waited for fresh economic data to understand the health of the US economy. The data could offer clues about the Federal Reserve’s next interest rate decision, which is scheduled for next week. US Treasury yields remain steady ahead of the Federal Reserve’s rate decision. (Bloomberg … Read more
Selling a home in the US has become more difficult as fewer buyers are looking to purchase homes and mortgage rates remain high. Sellers are now cutting home prices and offering financial benefits to attract buyers. These benefits include paying some of the buyers’ closing costs or giving them money to lower their mortgage rates. … Read more
The United States Citizenship and Immigration Services (USCIS) rejected 35,767 employment authorization applications submitted by foreigners seeking permanent resident status during the period spanning April through June 2026, resulting in a denial rate of approximately 44%. USCIS denied 35,767 work permit applications and 12,591 citizenship applications from April through June 2026. (Representational Image) These statistics … Read more
The US Consumer Price Index (CPI) report, due on Wednesday, October 15, is expected to show that inflation increased in September as energy prices rose. The data will help investors understand how prices are changing and what the Federal Reserve may do with interest rates. US inflation and gas prices remain key factors in the … Read more
US mortgage rates have climbed sharply in just over a month. Mortgage rates in the US have risen by about one percentage point to nearly 7.5%, reaching their highest level in around three years. The sudden increase has made home loans more expensive for buyers. US mortgage rates near 7.5% as rising Treasury yields raise … Read more
The US jobs report for September came in much weaker than expected, changing market expectations for the Federal Reserve’s October meeting. The US economy added only 29,000 jobs in September, far below economists’ expectation of 90,000 jobs. US jobs report, inflation and record diesel prices put pressure on the Fed rate outlook. (AFP) The unemployment … Read more
US job growth slowed more than expected in September and the nonfarm payrolls count for the prior two months was revised sharply lower, almost taking another interest rate hike from the Federal Reserve this month off the table. September’s job growth was weaker than anticipated, adding only 29,000 nonfarm jobs. The unemployment rate increased to … Read more
US inflation data showed mixed signals in August, with the overall Personal Consumption Expenditures (PCE) price index rising 0.3% month-on-month and 3.4% year-on-year. The 0.3% monthly rise in overall PCE inflation was below economists’ expectations. In July, the overall PCE measure had increased 0.1% from the previous month. US PCE inflation rises 0.3% in August … Read more
The average US interest rate for a 30-year fixed-rate conventional mortgage is now 7.373%. The rate has moved slightly higher from the previous report, when the average 30-year mortgage rate was 7.361%. Mortgage rates today: 30-year mortgage rate rises to 7.373% (Pexel/Representative image) (Pexel) The latest mortgage rate data comes from Mortgage Research Center (MRC), … Read more
The average 30-year fixed mortgage rate is 6.92% on Wednesday, September 23, 2026. That is 11 basis points lower than Tuesday’s rate, giving homebuyers a small drop in borrowing costs. The latest figures come from the Zillow lender marketplace. Mortgage rates are national averages and are rounded to the nearest hundredth, so the actual rate … Read more