Janet Yellen

How a government debt ceiling crisis could affect future travel

The U.S. government has just reached its debt ceiling for the first time since 2011. Though lawmakers funded the federal government through the end of the fiscal year 2023 in December, they still borrow money to fund ongoing operations via a debt ceiling. “The federal government is like any other person with a credit card …

Mortgage and refinance rates today, Jan. 17, 2023

Today’s mortgage and refinance rates  Markets were closed yesterday for Martin Luther King Jr. Day. And average mortgage rates just inched higher last Friday. So far this morning, it’s looking […]

Stock Market Today: China’s Evergrande Crisis Knocks 614 Points Off Dow

A possible debt default for a Chinese real estate giant sent shockwaves across global markets and put a dent in U.S. stocks Monday.

30-Year Fixed Mortgage Rate Hits Yet Another Record Low, Falls Below 3.2 Percent for the First Time

Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on…

30-Year Fixed Mortgage Rate Holds Steady

Mortgage rates for 30-year fixed mortgages remained flat this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.26 percent.

Mortgage and refinance rates today, February 8, 2021

Today’s mortgage and refinance rates  Average mortgage rates inched higher again last Friday. Although last week saw mostly rises, each movement was small. And these rates remain exceptionally low. First […]

Housing, civil rights groups ask Congress for $25B

A partnership of more than 350 housing and civil rights organizations reached out on Monday to congressional leaders advocating for further relief for homeowners in the next COVID-19 stimulus package.

The post Housing, civil rights groups ask Congress for $25B appeared first on HousingWire.

Stock Market Today: Markets Tumble, But ‘Reddit Stocks’ Story Isn’t Over

The major indices delivered significant losses Wednesday; spared were stocks such as GameStop and AMC, which soared amid a push from a corner of the internet.