The rate fell to 6.95% from 6.96% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.63%.

The rate on 30-year mortgages fell to 6.95% from 6.96% last week, Freddie Mac said. Rates on 15-year mortgages fell to 6.12% ...

But a category within the GDP data that measures the economy’s underlying strength rose at a healthy 3.2% annual rate from ...

Tesla reported $2.3 billion of U.S. income in 2024 but paid zero federal income tax. Over the past three years, the Elon Musk ...

Freddie Mac’s average rate on a 30-year fixed-rate loan was 6.95% for the week ending January 30, virtually unchanged from a ...

Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.

Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed remedies still differ radically.

Gold prices rose to hit a lifetime high on Thursday while the focus was also on a crucial inflation report for clues on the ...

Thursday’s report on U.S. gross domestic product growth in the fourth quarter was slower than expected, but “the economy ended 2024 on a strong note,” according to FHN Financial. “Domestic demand is ...

Portra / Rates on 30-year refinance loans dropped another 2 basis points Wednesday, nudging to average down to 7.03%. That's now the cheapest level for 30-year refi rates since Dec. 18. In September, ...

In September, rates plunged to a two-year low, falling as far as 5.89%. But over the following three-plus months, the average surged almost 1.25 percentage points—before recently easing lower.

Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...