Mortgage Rates

‘American Dream’ Out of Reach for Most Americans

GOBankingRates analyzed the current cost of the American Dream in all 50 states.

Millennials Fleeing Blue States

The millennial generation, those born between 1982 and 2000, are fleeing blue states.

Amount People Need For Retirement Increases 53% in Biden’s Economy

The amount of money American adults believe they will need to save in order to retire has increased 15 percent over last year and 53 percent since 2020, according to a new survey.

U.S. Inflation Rises to 3.2% Under Biden

Digging deeper into the data, "core inflation," which excludes the often fluctuating prices of food and energy, rose to an alarming 4.7% for the year.

Joe Biden’s Economic Approval Rating Just 37%

The report indicates that 58% of respondents disapprove of his handling of the economy, albeit a 4-point drop from the April survey.

Existing Home Sales Surge as Prices Fall for First Time in Over a Decade

Sales of previously owned homes in the U.S. rose in February as house prices dipped and mortgage rates continued to tick down.

US Jobless Claims Rise by Most in 5 Months

As of the week ending February 25, about 1.72 million people were receiving jobless aid, an increase of 69,000 from the previous week.

New Home Sales Rise for Third Straight Month as Mortgage Rates Fall

Sales of new U.S. homes rose for the third straight month in December as high mortgage rates continued to decline, offering some relief for prospective homebuyers.

Double-Digit U.S. Home Price Growth Streak Skids to an End

Annual price growth in the increasingly fragile U.S. housing market slid into the single digits in October for the first time in about two years when mortgage rates that month surged above 7% and further stifled demand, a pair of closely watched surveys showed on Tuesday.

The Pain Isn’t Goin’ Away: Inflation Cost Households an Extra $10K

Inflation is over, the administration crows, even as Congress works to pass another massive spending bill — this time, $1.7 trillion.

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