Claims tagged with "US Economy"

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Mortgage rates had dipped as low as 2.65 percent in January 2021, setting off a stampede of home buying that ignited bidding wars and drove up prices. 1.000

👤 Gregory Schmidt 📋 News Article 🏷️ Finance , US Economy , Housing

Simplified: U.S. mortgage rates reached a low of 2.65 percent in January 2021.

0 sources

2 weeks ago
Home prices rose 1.5 percent annually in June, up from a 1.2 percent annual gain the previous month, according to Cotality, a housing market data provider. 1.000

👤 Cotality 📋 News Article 🏷️ US Economy , Housing

Simplified: According to data provider Cotality, U.S. home prices rose 1.5 percent annually in June 2026, an increase from the 1.2 percent annual gain in May 2026...

0 sources

2 weeks ago
Americans have amassed a record $35 trillion in home equity, according to the Federal Reserve Bank of St. Louis. 1.000

👤 Federal Reserve Bank of St. Louis 📋 News Article 🏷️ Finance , US Economy , Housing

Simplified: According to the Federal Reserve Bank of St. Louis, Americans have amassed a record $35 trillion in home equity as of September 2026.

0 sources

2 weeks ago
Overall inflation has remained stubbornly elevated, at an annual pace of 3.4 percent in August, prompting the Federal Reserve to raise interest rates this month. 1.000

👤 Gregory Schmidt 📋 News Article 🏷️ Government , Finance , US Economy

Simplified: The U.S. Federal Reserve raised interest rates in September 2026.

0 sources

2 weeks ago
Overall inflation has remained stubbornly elevated, at an annual pace of 3.4 percent in August, prompting the Federal Reserve to raise interest rates this month. 1.000

👤 Gregory Schmidt 📋 News Article 🏷️ Finance , US Economy

Simplified: The annual pace of U.S. inflation was 3.4 percent in August 2026.

0 sources

2 weeks ago
The yield on the 10-year Treasury bond — a benchmark for a range of consumer borrowing costs — has climbed above 5 percent, a level not seen since before the global financial crisis two decades ago. 1.000

👤 Gregory Schmidt 📋 News Article 🏷️ Finance , US Economy

Simplified: As of September 2026, the yield on the 10-year U.S. Treasury bond has climbed above 5 percent, a level not seen since before the 2008 global financial...

0 sources

2 weeks ago
Sales of existing homes fell 2 percent in August from July and are at their lowest level since June last year, the National Association of Realtors reported. 1.000

👤 National Association of Realtors 📋 News Article 🏷️ US Economy , Housing

Simplified: The National Association of Realtors reported that U.S. sales of existing homes fell 2 percent from July to August 2026, reaching their lowest level s...

0 sources

2 weeks ago
The average 30-year, fixed-rate mortgage rate, the most common home loan in the United States, rose to 7.03 percent, up from 6.3 percent a year ago, the mortgage giant Freddie Mac said Thursday. 1.000

👤 Freddie Mac 📋 News Article 🏷️ Finance , US Economy , Housing

Simplified: Freddie Mac reported on September 24, 2026, that the average U.S. 30-year fixed-rate mortgage rate rose to 7.03 percent, up from 6.3 percent in Septem...

0 sources

2 weeks ago
Mortgage rates fell below 6 percent in late February, offering a glimmer of hope that the housing market was recovering from a yearslong slog. 1.000

👤 Gregory Schmidt 📋 News Article 🏷️ Finance , US Economy , Housing

Simplified: In late February 2026, U.S. mortgage rates fell below 6 percent.

0 sources

2 weeks ago
Economists warn of further increases, posing a political challenge for Trump. 0.800

👤 The author 📋 News Article 🏷️ Trump Administration , Inflation , US Economy , Economic Policy

Simplified: Economists warn of further increases posing political challenge for Trump

0 sources

1 year ago
June inflation hit its highest level since February, fueled by Trump's tariffs increasing prices on various goods. 0.950

👤 The author 📋 News Article 🏷️ Inflation , US Economy

Simplified: June inflation highest since February Trump's tariffs increased prices

0 sources

1 year ago