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Long-term mortgage rates under 5% for 1st time in 4 months

WASHINGTON (AP) — The average long-term U.S. mortgage rate fell below 5% for the first time in four months, days after the Federal Reserve jacked up its main borrowing rate in an aggressive effort to ...

Applications for US jobless claims up again last week

WASHINGTON (AP) — More Americans applied for jobless benefits last week as the number of unemployed continues to rise modestly, though the labor market remains one of the strongest parts of the U.S. e...

Average US long-term mortgage rates retreat to 5.3%

WASHINGTON (AP) — Average long-term U.S. mortgage rates retreated this week just as the Federal Reserve announced another big rate hike in its bid to get four-decade high inflation under control. ...

Fewer Americans applied for jobless benefits last week

WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week, but the previous week's number was revised upward significantly, with claims breaching the 250,000 level in back-to-back weeks...

Consumers confidence slides for third straight month in July

WASHINGTON (AP) — U.S. consumer confidence slid again in July higher prices for food, gas and just about everything else continued to weigh on Americans. The Conference Board said Tu...

Average long-term US mortgage rates edge up to 5.54%

WASHINGTON (AP) — Average long-term U.S. mortgage rates ticked up again this week in a rapidly cooling housing market as the Federal Reserve gears up for what could be yet another bump to its benchmar...

Americans filing jobless claims at highest level in 8 months

WASHINGTON (AP) — The number of Americans applying for unemployment benefits last week rose to the highest level in more than eight months in what may be a sign that the labor market is weakening. ...

US consumer confidence slumps to lowest level in 16 months

WASHINGTON (AP) — U.S. consumer confidence slipped to its lowest level in 16 months as persistent inflation and rising interest rates have Americans as pessimistic as they've been about the future in ...

Average long-term US mortgage rates inch up to 5.81%

WASHINGTON (AP) — Average long-term U.S. mortgage rates inched up this week following last week's mammoth jump, the biggest in 35 years. Mortgage buyer Freddie Mac reported Thursday ...

Fewer Americans file for jobless aid

WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week as the U.S. job market remains robust despite four-decade high inflation and a myriad of other economic pressures. ...

Average US mortgage rates jump by most in 35 years

WASHINGTON (AP) — Average long-term U.S. mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve this week raising its key rate by three-quarters of a point in bid to tame ...

Fewer Americans apply for jobless aid last week

WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week as the U.S. job market remains strong in the face of rising inflation and interest rates. Applications f...

Fisher-Price, US regulators warn of infant deaths in rockers

WASHINGTON (AP) — Fisher-Price and U.S. product safety regulators are telling parents not to let their infants fall asleep in the company's rockers after 13 infants died in the devices between 2009 an...

Mortgage rates jump again, buyers head to the sideline

WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped back up ahead of next week's Federal Reserve meeting where it's expected to announce another big increase to its main borrowing rate. ...

More Americans apply for jobless benefits last week

WASHINGTON (AP) — More Americans applied for jobless aid last week, but the total number of Americans collecting unemployment remains at a five-decade low. Applications for unemploym...