Unemployment numbers

Navigating the She-Cession: The Intersectionality of Economic Uncertainty

Global economic downturns are sure to affect everyone to some extent. This year has seen record unemployment numbers and job losses, which have disproportionately affected women and especially women of color. This is a unique situation to the 2020 economic recession, which is why many are calling it the “she-cession.” We took a closer look

The post Navigating the She-Cession: The Intersectionality of Economic Uncertainty appeared first on MintLife Blog.

4 Reasons Why You Might Have Problems Buying A House Despite Low Rates

The economy is still in the doldrums, but one of the side effects has been that the rates on home mortgages are at their lowest levels ever.  Last week 30 year fixed mortgages reached historic lows when they breached an average of 3.53%.  Not only that, but 15 year fixed mortgages averaged only 2.83%!  From […]

The post 4 Reasons Why You Might Have Problems Buying A House Despite Low Rates appeared first on Bible Money Matters and was written by Peter Anderson. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.

When Unemployment Benefits Run Out

The average unemployed worker has been out of work for 35.2 weeks, and the number has been climbing steadily for over a year. Despite this crisis, last week, Congress went home without passing another emergency extension of unemployment benefits. This affects 1.2 million workers: they will no longer collect unemployment checks, but there’s no evidence that losing their benefits will spur them to get a job any faster in a depressed economy.

The post When Unemployment Benefits Run Out appeared first on MintLife Blog.

Understanding the Main Types of Unemployment

Understanding the Main Types of Unemployment

You’ve probably heard unemployment rates talked about often in the news, especially over the last year, as the COVID-19 pandemic brought the economy to a halt, and tens of millions of Americans ended up without work. Many people also have personal experience with unemployment, whether because they lost a job themselves or someone close to

The post Understanding the Main Types of Unemployment appeared first on MintLife Blog.

Mortgage Forbearance Rate Up Near 8%, Housing Assistance Fund Proposed

The mortgage forbearance rate increased again last week, rising to 7.91% from 7.54% a week earlier, per the Mortgage Bankers Association (MBA). That marked the smallest weekly increase (4.91%) since the newly-created Forbearance and Call Volume Survey was launched, but it’s important to remember it was only 0.25% back in March. Additionally, the weekly gains [&hellip

The post Mortgage Forbearance Rate Up Near 8%, Housing Assistance Fund Proposed first appeared on The Truth About Mortgage.

How Does Your Credit Score Compare to Your State’s?

Record unemployment rates, a wild swing in America’s GDP and homeownership rates increasing month over month. Despite these examples of economic volatility of 2020, another surprising number emerged — America has now reached an all-time average high credit score. Experian’s latest Consumer Credit Review highlights new trends regarding credit. Not only does the credit score […]

The post How Does Your Credit Score Compare to Your State’s? appeared first on The Simple Dollar.

Mortgages in Forbearance Fell in January 2021

The COVID-19 pandemic has shaken up all areas of the U.S. economy in a number of ways, and the mortgage industry has been no exception. Since the start of the pandemic, the number of mortgages in forbearance have increased significantly — due, in major part, to the high unemployment numbers as well as the federal […]

The post Mortgages in Forbearance Fell in January 2021 appeared first on The Simple Dollar.

Today’s mortgage rates see highest mark since June 2020 | February 26, 2021 – Fox Business

  1. Today’s mortgage rates see highest mark since June 2020 | February 26, 2021  Fox Business
  2. The best mortgage rates of 2021  MarketWatch
  3. Today’s Best Mortgage Rates, February 26th, 2021 : Rates rise  Bankrate.com
  4. Current Mortgage Interest Rates, February 26, 2021 | Rates Increased  NextAdvisor
  5. Mortgage rates are climbing. Don’t panic  CNN
  6. View Full Coverage on Google News

Today’s mortgage rates rise — refinance before they go even higher | February 23, 2021 – Fox Business

Today’s mortgage rates rise — refinance before they go even higher | February 23, 2021  Fox Business

Today’s mortgage refinance rates move higher | February 12, 2021 – Fox Business

Today’s mortgage refinance rates move higher | February 12, 2021  Fox Business