The Federal Reserve lifted small-expression desire fees Wednesday by a quarter share place, bringing its benchmark price to a new vary of 4.50{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f} and 4.75{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f}, the best level since Oct 2007. In its assertion on Wednesday, the central lender acknowledged the slowdown in inflation as the Fed continues to assess […]
October
Sales of existing homes fell in October for the ninth straight month, down 5.9{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f} from a month earlier as buyers faced mortgage rates that have doubled in the past year, the National Association of Realtors said on Friday. Sales, at an annual pace of 4.43 million, are now 28.4{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f} below […]