Columbus, OH

New York Post

In recent years, mortgage rates in the US have soared to their highest levels in more than two decades, leaving many potential homebuyers and sellers wary. 

The Federal Reserve’s efforts to combat languishing inflation have played a significant role, as the central bank raised interest rates 11 times from 2022 to 2023, taking the benchmark federal funds rate from 0% to 5.25-5.50%, according to Yahoo Finance.

Today, the median monthly mortgage payment on a new home stands at $2,256, about 7% higher than last year, the Mortgage Bankers Association (MBA) reports. So, when will mortgage rates go down? Experts from Fannie...

This is when you can expect mortgage rates to go down — and why you should buy before a recession hits

GOBankingRates

The housing market remains difficult for many Americans, both the buyers and the sellers. Inflation soaring rates, low inventory and home prices that continue to rise all are making the dream of...

3 Housing Markets That Will Rise in Value Before the End of 2024

Business Insider

These are today's mortgage and refinance rates. Mortgage rates are up, but they could fall soon depending on what the latest inflation data shows.

Mortgage Interest Rates Today, July 3, 2024 | Rates Are a Bit Higher This Week

The average 30-year fixed mortgage interest rate is 7.00% today, an increase of 0.08% over the last week. The average rate for a 15-year fixed mortgage is 6.47%, which is an increase of 0.12% from the same time last week. For a look at mortgage rate movement, see the chart below.

Lower Mortgage Rates Attract Buyers. Today’s Mortgage Rates on June 28, 2024

California State

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community_voice

The HD Post

CALIFORNIA – The California Ocean Protection Council (OPC) is accepting public comment, until October 2, on the draft 30×30 Decision-Making Framework for Coastal Waters. The framework is aimed at conserving at least 30% of coastal and marine areas by 2030. The policy is aligned with the Biden administration's 2021 proposal to conserve 30% of all U.S. lands and waters by 2030.

CA taking comment on goal to conserve 30% of coastal waters – critics say harms younger residents

Saint Louis, MO

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CJ Coombs

Blueberry Hill is located at 6504 Delmar Boulevard in University City, Missouri which is a suburb of St. Louis. This restaurant and music club was established in 1972 by Joe and Linda Edwards. It's tucked inside the Delmar Loop neighborhood. Interestingly, Chuck Berry used to perform here once a month.

St. Louis: Delmar Loop's revitalizing staple, Blueberry Hill, thanks to visionary, Joe Edwards

WASHINGTON (Reuters) - New orders for U.S.-manufactured goods unexpectedly fell in May, while business spending on equipment appeared weaker than initially thought, government data showed on Wednesday. Factory orders dropped 0.5% after rising 0.4% in April, the Commerce Department's Census Bureau said. Economists polled by Reuters had forecast factory orders...

US factory orders unexpectedly fall in May

The Associated Press

NEW YORK (AP) — U.S. stocks are ticking toward more records Wednesday after weak reports on the economy kept the door open for possible cuts to interest rates later this year. The S&P 500 was 0.2% higher and on track to set an all-time high for a second straight...

Stock market today: Wall Street ticks toward records after weak economic data boosts rate-cut hopes

TheStreet

Nvidia shares have powered around a third of the S&P 500's year-to-date gain, adding more than $1 trillion in value over the second quarter alone.

Analyst resets Nvidia stock price target after trillion-dollar Q2

New Jersey State

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Morristown Minute

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

SigmaTron International Inc (NASDAQ:SGMA), a provider of electronic manufacturing services, announced on Tuesday the appointment of John P. Sheehan as a Class I Director of the company's board, effective today. Sheehan, who currently serves as the President of SigmaTron, will occupy the board position until the 2024 annual meeting of stockholders.

SigmaTron International Appoints New Director

Construction spending was lower than in the previous month for the first time in a year and a half. The Federal Reserve has pushed its key interest rate up to a 23-year high and has kept it there for the past 12 months. High interest rates designed to slow spending...

The Fed's High Interest Rates Are Hampering Construction

Gloucester County, NJ

Franklinville, NJ

FRANKLINVILLE, N.J. -A Gloucester County, New Jersey, man admitted today that he defrauded the government of more than $200,000 in Social Security and Medicaid benefits, U.S. Attorney Philip R. Sellinger announced.

Man Guilty of $200K Social Security & Medicaid Fraud

Kentucky State

Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

From Matthew Graham at Mortgage News Daily: Mortgage Rates Near Highest Levels in More Than a Month. Mortgage rates continued their frustrating and somewhat perplexing move higher today, thus bringing the average lender close to the highest levels since the end of May. … Rising rates are always frustrating for those the housing/mortgage markets and prospective borrowers, but an ebb and flow is a way of life. In other words, it’s perfectly normal to see good and bad days for rates.

Tuesday: Fed Chair Powell, Job Openings, Vehicle Sales

Georgia State

DeanLand

Georgia's population grew beyond the 11 million mark in 2023, reaching 11,029,227 residents according to new data from the U.S. Census Bureau. With a robust population increase of 2.9% from 2020 to 2023, 315,456 new residents arrived in the state. Georgia was the 10th fastest-growing state in the US by percentage during the reporting period.

Georgia's Population Surges Past 11 Million, Fueled by Migration

In a move to reduce its debt, United Airlines Holdings (NASDAQ:UAL), Inc. and its subsidiary United Airlines, Inc. have fully repaid a $1.8 billion term loan, originally taken out on July 2, 2020. The repayment, made on Tuesday, clears all outstanding principal, interest, and associated fees. The term loan facility,...

United Airlines pays off $1.8 billion term loan early

HOUSTON (Reuters) - The final member has been chosen for a three-person arbitration panel meant to settle Exxon Mobil (NYSE:XOM)'s claim against Chevron (NYSE:CVX)'s $53 billion purchase of Hess Corp (NYSE:HES), two people familiar with the matter told Reuters. The panel's formation would be a milestone in a long-delayed process...

Exxon-Hess arbitration panel nears formation, sources say

LONDON/TOKYO (Reuters) -Manufacturing activity in Europe suffered a setback last month but Asian factories enjoyed solid momentum, offering policymakers some hope the region can weather the hit from soft Chinese demand, surveys showed. The downturn in Europe was widespread, with Italy the only big player not to see a fall...

Global factory activity has mixed performance in June, PMIs show

Fox Business

The average rate for a 30-year fixed-rate mortgage climbed to 6.95% this week as rates remain uncomfortably high, contributing to the housing affordability crisis.

Mortgage rates climb to 6.95%

NewsBreak

Freddie Mac reports uptick in 30-year mortgage rates

MCLEAN, Va. - Freddie Mac (OTCQB: FMCC (OTC:FMCC)) announced today that the 30-year fixed-rate mortgage (FRM) has seen an increase, now averaging 6.95 percent. This figure...

Freddie Mac reports uptick in 30-year mortgage rates

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