Mortgages

WWL AP Feed General
July 02, 2020 - 9:30 am
SILVER SPRING, Md. (AP) — Long-term U.S. mortgage rates fell this week with the benchmark 30-year home loan hitting its lowest level ever. Mortgage buyer Freddie Mac reported Thursday that the average rate on the key 30-year fixed-rate mortgage fell to 3.07%, down from last week's 3.13%. For the...
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A man walks past a retail store that is going out of business due to the coronavirus pandemic in Winnetka, Ill., Tuesday, June 23, 2020. Illinois Gov. J.B Pritzker announced a package of state grant programs that will help support communities and businesses impacted by the COVID-19 pandemic and unrest in the area. (AP Photo/Nam Y. Huh)
June 25, 2020 - 7:39 am
WASHINGTON (AP) — The number of laid-off workers who applied for unemployment benefits declined slightly to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level. The steady decline in claims suggests that the job market has begun...
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Paul Kurtz
June 12, 2020 - 3:49 pm
As we enter the fourth month of the pandemic, unemployment remains high, and millions of people are still having trouble making their monthly rent and mortgage payments. Read more now.
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FILE - In this Sept. 25, 2019 file photo, a sign promoting an open house sits atop a realty company's lawn sign in Brandon Miss. Long-term U.S. mortgage rates were mostly steady, Thursday, June 11, 2020, continuing to hover near all-time lows. Mortgage buyer Freddie Mac reports that the average rate on the benchmark 30-year home loan edged up to 3.21% from 3.18% last week. .(AP Photo/Rogelio V. Solis, File)
June 11, 2020 - 10:18 am
WASHINGTON (AP) — Long-term U.S. mortgage rates were mostly steady this week, continuing to hover near all-time lows. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year home loan edged up to 3.21% from 3.18% last week. A year ago, the rate stood at 3.82%...
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FILE- In this Jan. 4, 2019, file photo a sign hangs outside a house for sale in Pittsburgh's Lawrenceville neighborhood. On Thursday, May 21, 2020, Long-term U.S. mortgage rates eased this week in a housing market battered by the shutdown spurred by the coronavirus pandemic. Rates hovered near all-time lows as the benchmark 30-year home loan stayed below 3.30% for the fourth straight week.(AP Photo/Keith Srakocic, File)
May 21, 2020 - 12:06 pm
WASHINGTON (AP) — Long-term U.S. mortgage rates eased this week in a housing market battered by the shutdown spurred by the coronavirus pandemic. Rates hovered near all-time lows as the benchmark 30-year home loan stayed below 3.30% for the fourth straight week. Mortgage buyer Freddie Mac reported...
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FILE - This Feb. 18, 2020, photo shows a real estate sign in front of a home for sale in San Francisco. An estimated 4.1 million Americans have their mortgage in forbearance, according to data released Monday, May 18, by the Mortgage Bankers Association.(AP Photo/Jeff Chiu, File)
May 20, 2020 - 11:11 am
Suddenly out of work or making due with reduced paychecks, an estimated 4.1 million Americans have sought forbearance on their mortgage, according to data released Monday by the Mortgage Bankers Association. That's a staggering number, and experts anticipate more homeowners will seek this...
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Becky Richards keeps an eye out for customers at a recently-reopened Starbucks, Wednesday, May 13, 2020, in Freeport, Maine. Business has been slow at the coffee shop as most of it's neighboring retail stores remain closed during the coronavirus pandemic. (AP Photo/Robert F. Bukaty)
May 13, 2020 - 1:55 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to national and global response, the work place and the spread of the virus. ________________________ TRAVEL & LEISURE: Boeing said this week that it's...
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FILE - This Aug. 11, 2019 file photo shows credit cards in New Orleans. U.S. consumer borrowing fell in March for the first time in more than eight years, with the category covering credit cards dropping by the largest amount in over three decades, the Federal Reserve reported Thursday, May 7, 2020. (AP Photo/Jenny Kane, file)
May 12, 2020 - 1:32 pm
WASHINGTON (AP) — The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices since the 2008 financial crisis — a 0.8% drop that was driven by a plunge in gasoline prices. And excluding the normally volatile categories of food and energy...
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Eli Oderberg, center, sits with Katie Evers, left, their 4-year-old daughter, Everlee, and the couple's goldendoodle outside their home in southeast Denver on Thursday, April 30, 2020. Oderberg, like 30 million people around the United States who have filed for unemployment benefits after losing their jobs during the coronavirus pandemic, is facing the specter of paying the monthly rent with the flip of the calendar. (AP Photo/David Zalubowski)
May 01, 2020 - 2:01 pm
PHOENIX (AP) — Rent and mortgage payments are due again as more than 30 million people around the U.S. have filed for unemployment benefits after losing work in the coronavirus pandemic. Jason W. Still has been waiting six weeks for his first unemployment check since losing his job as a cook at an...
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WWL AP Feed General
April 03, 2020 - 3:20 pm
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week for the second straight week as anxiety has spiraled over devastation to the economy from the coronavirus pandemic. Home-loan rates have been hitting all-time lows. Mortgage buyer Freddie Mac reported Thursday that the average rate on...
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