US 30-yr fixed rate mortgage averages 6.09% in Jan 22 week vs 6.06% prior week
The slight increase in the US 30-year fixed mortgage average to 6.09% from 6.06% suggests a continued upward trend in borrowing costs, which may dampen housing market activity.
Danish PM says they are a sovereign state and cannot negotiate about that
Bank of America (BAC) and Citigroup (C) weigh new credit cards with 10% rate, Bloomberg reports
US 30-yr fixed rate mortgage averages 6.09% in Jan 22 week vs 6.06% prior week
US EIA Crude Oil Stocks Change (Jan/16) 3.602M vs. Exp. 1.1M (Prev. 3.391M)
US EIA Crude Oil Imports Change (Jan/16) -0.027 (Prev. 0.710, Rev. From 0.71)
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This data reinforces concerns about the affordability of homes and could influence Federal Reserve policy as they assess growth and inflation dynamics.
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