Tag Archives: rates

The fallout from the COVID-19 pandemic continues to be the main driver behind the American economy. Another 1.48 million Americans filed initial unemployment claims over the last week, according to the Labor Department. Dow Futures sank on the news but gained back a little ground due to continuing jobless claims …

The coronavirus pandemic has led to a dramatic decline in mortgage rates. But that doesn’t mean now is a good time to refinance for everyone. Last week, Freddie Mac FMCC, -0.94% reported that mortgage rates hit a new record low for the fourth time this year, with the average rate …

The numbers don’t lie. Economists at Freddie Mac report home purchase demand is up 20% annually and at its highest level of activity since 2009. The Mortgage Bankers Association delivered similar data this week, with purchase applications up for a ninth straight week. On a yearly basis, the MBA shows …

Stop us if you’ve heard this before: Mortgage interest rates just dropped to historically low levels. That has become the trend recently as market moves, and actions by the Federal Reserve, continue to not only keep rates steady and low, but push them even lower. Mortgage News Daily reported this …

In general, every person comes to a stage in his/her life when they must purchase a home.  At some point, most people are likely to sell or buy a new home. And if that is not the case, renovation, upgrade, or downsize can also be the reason to look for …

Researchers have discovered a strong correlation between vitamin D deficiency and mortality rates from the novel coronavirus, a new study reveals. A research team led by Northwestern University analyzed data from hospitals and clinics across China, France, Germany, Italy, Iran, South Korea, Spain, Switzerland, the United Kingdom and the United …

Wall Street rallied this week as the country starts to slowly reopen businesses, there are some signs of peaking regarding hospitalizations for COVID-19 and there have been more positive studies about potential treatments. However, the data still paints a dismal picture for the hole the United States’ economy will have …

As of this week, more than 26 million Americans have filed for unemployment. That number is staggering. This week alone, according to the Labor Department, 4.4 million more Americans filed initial unemployment claims. The positive that we can draw from that is perhaps we have reached the peak of job …

A huge development overnight has the stock market rallying early Friday morning. Reports claim that a drug named remdesivir has helped treat those suffering severe symptoms of the coronavirus COVID-19. The report from STAT news says the drug was the first to show positive healing effects in lab tests and …