The numbers: Americans are still unsure how rapidly the U.S. economy will recover from the pandemic and restore millions of jobs that have been lost even as the rate of vaccinations speeds up, a new survey showed. The final reading of consumer sentiment in February inched up to 76.8 points …
Read More » The numbers: The flash reading of the IHS Markit U.S. composite purchasing managers index rose to 58.8 in February from 58.7 in the prior month. Any reading over 50 indicates improving conditions. It is the strongest reading in almost six years. What happened: The index for services rose to 58.9 …
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The numbers: Sales of previously-owned homes jumped 6.5% in February, though the coronavirus outbreak could put the break on sales growth in coming months. Existing-home sales occurred at a seasonally-adjusted annual pace of 5.77 million, the National Association of Realtors reported Friday. It was the strongest sales figure for the …
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4 minute read Today, Tuesday, February 11, 2020, 30-year mortgage rates fell 1 basis points to 4.07% today. 15-year rates fell 2 basis points to 3.60% and 5/1 ARM rates fell 2 basis points to 4.09%. FHA rates remained unchanged at 4.20%. The average annual percentage rate (APR) fell by …
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