Mortgage Rates in US Rise to 5.3%, Highest Since July 2009
US mortgage rates jumped again this week, extending a steep climb that is shutting some would-be homebuyers out of the market. The average for a 30-year loan was 5.3%, up…
Wall Street stocks drop as jobs data compound inflation worries
US stocks fell on Friday, extending sharp losses from the previous session, as signs of a tightening jobs market compounded worries over inflation. The broad S&P 500 gauge fell 1.3…
The FinCEN is Looking Into Corruption Allegations for Cash Real Estate Transactions
The U.S. Department of Treasury in conjunction with the Financial Crimes Enforcement Network (FinCEN) is investigating real estate cash deals to root out money laundering. MB Daily News-Raleigh, NC: The…
There is High Inflation in The U.S., Why Are Americans Still Spending
Americans spent more in August, firming up the recovery as the economy gears up for the coming the holiday season, new government numbers show. Meanwhile, inflation accelerated slightly in August,…