US jobless claims below 200,000 for 3rd week as layoffs fall: Will Fed raise rates?

US jobless claims stay below 200,000 for three weeks as markets assess the Fed's next rate move. (Pexel/Representative image) (Pexel)

New applications for US unemployment benefits fell last week, showing that layoffs remain low despite rising costs and economic uncertainty. The latest data suggest that the US labour market is still stable, even as companies remain careful about hiring new workers, according to a report from the US Labor Department. US jobless claims stay below … Read more

Mortgage rates today: 30-year rate hits 7.373% — how much will you pay?

Mortgage rates today: 30-year mortgage rate rises to 7.373% (Pexel/Representative image) (Pexel)

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

Why is a 7.5% US mortgage still so expensive despite 18% rates in the 1980s?

US mortgage rates and home prices remain a challenge for American homebuyers. (Pexel/Representative image) (Pexel)

The average 30-year US mortgage rate climbed to 7.49% on September 25, 2026. Mortgage News Daily reported the rise, putting the current rate far below the record-high mortgage rates Americans faced in the early 1980s. US mortgage rates and home prices remain a challenge for American homebuyers. (Pexel/Representative image) (Pexel) At first glance, today’s 7.5% … Read more

US Treasury yields hit 2007 highs: Why rising bond rates are worrying investors

US Treasury yields rise to 2007 highs as inflation and oil prices worry investors. (AFP)

Yields on long-term US government bonds have risen to their highest levels in years. The rise is part of a wider selloff in Treasury bonds as investors worry about inflation, oil prices and heavy US government borrowing. Bloomberg reported that yields across several Treasury maturities are now around their highest levels since 2007. US Treasury … Read more

Mortgage rates today, September 23, 2026: 30-year fixed rate falls to 6.92% — What homebuyers need to know

Mortgage rates today: 30-year fixed rate falls to 6.92% on September 23, 2026.  (Pexel/Representative image) (Pexel)

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

UK to introduce special rape and serious sexual offence courts, as prosecution rates remain ‘shamefully’ low

UK to introduce special rape and serious sexual offence courts, as prosecution rates remain ‘shamefully’ low

“Prosecution rates for rape remain shamefully low, with many victims waiting years for justice,” said Burnham (Photo: Reuters). British Prime Minister Andy Burnham on Monday announced introduction of dedicated courts to hear rape and serious sexual offences, aiming to speed up convictions and reduce the backlog that has plagued the justice system for years.According to … Read more

Buying a home in 2026? What US buyers should know about mortgage rates and loan costs

US homebuyers in 2026 need to understand mortgage rates, costs and loan types before buying a home. (Pexel/Representative image) (Pexel)

A mortgage is a loan that helps people buy a home without paying the full price upfront. The home itself acts as collateral for the loan. This means the lender has a legal claim on the property until the mortgage is fully paid. US homebuyers in 2026 need to understand mortgage rates, costs and loan … Read more

Mortgage rates today: Rates rise to 6.91% — should homebuyers wait or buy now?

Mortgage rates have gone up compared with last week. The average 30-year fixed mortgage rate is 6.91% today, according to Zillow lender marketplace. The 30-year rate is 24 basis points higher than it was a week ago. Mortgage rates today are higher, with 30-year rates at 6.91%. Check 15-year, ARM, VA and refinance rates, plus … Read more

Mortgage rates forecast: Could rates hit 7% again by 2027 amid high inflation?

Mortgage rates may fall over the next five years, but they could also go back to 7%. A main forecast expects the average 30-year fixed mortgage rate to be around 6.05% in 2027. Mortgage rates could reach 7% again by 2027 if inflation stays high. (Pexel/Representative image) (Pexel) Rates could slowly fall after that. But … Read more

Mortgage refinance rates today: 30-year, 20-year, 15-year and jumbo rates explained

Mortgage refinance rates are changing, with 30-year, 20-year, 15-year and jumbo refinance rates showing different moves for homeowners in 2026. (Pexel/Representative image) (Pexel)

The average interest rate for a 30-year fixed-rate mortgage refinance is 6.76%. The rate is almost unchanged from last week. A borrower refinancing $100,000 at this rate would pay about $649 per month in principal and interest. Mortgage refinance rates are changing, with 30-year, 20-year, 15-year and jumbo refinance rates showing different moves for homeowners … Read more