Fewer Americans now fear catching COVID-19 than at any point since the start of the pandemic, according to a new survey. Only 35% of U.S. adults reported they are very or somewhat worried about contracting COVID-19, according to Gallup. It’s the lowest level of concern since last April. Additionally, nearly …
Read More »
The numbers: Consumer confidence stumbled for the second straight month in December, hitting its lowest level since during the worst of the cornavirus lockdowns in May. The index of consumer confidence fell to 88.6 this month from a revised 92.9 in November, the Conference Board said Tuesday. Economists polled by …
Read More »
It finally happened. This week Freddie Mac reported a 30-year fixed-rate mortgage average below 3%. That puts the average for consumers (remember, your rate will vary based on a variety of conditions) at 2.98%. As you would expect, mortgage volume has gone up over the last week. The Mortgage Bankers …
Read More »
Oil futures were headed sharply lower early Wednesday as the energy complex faced persistent pressure centered on a dearth of places to put excess oil and a glut of the commodity being pumped by major producers. June Brent crude BRNM20, -11.74%, the international benchmark, was trading down $ 3.09, or …
Read More »