News
30-year fixed mortgage rates settle at 6.59%, up from February lows
12+ hour, 6+ min ago (264+ words) Mortgage rates are holding near 6.6% as traders and prediction markets signal rising odds of a Federal Reserve interest rate hike later this month, a shift that could reshape borrowing costs for homebuyers already facing elevated loan prices. The 30-year fixed…...
The Senior Citizens League projects Social Security benefits will rise 3.8% in 2027, boosting average monthly payments by about $74
11+ hour, 42+ min ago (531+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
The average 30-year fixed mortgage rate remains steady at 6.59%, keeping borrowing costs near one-year highs
1+ day, 8+ hour ago (583+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
30-year mortgage rates bounced back to 6.70% on better-than-expected inflation data, easing pressure after hitting 1-year highs
23+ hour, 20+ min ago (482+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
30-year mortgage rates remain elevated at 6.5% despite June inflation dropping to 3.5%
1+ day, 8+ hour ago (607+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
Alabama Senator Katie Britt met with Federal Reserve Chairman Kevin Warsh to discuss how increased capital investment can boost long-term economic growth and American competitiveness.
1+ day, 5+ hour ago (428+ words) Katie Britt discusses capital investment with Federal Reserve Chair Kevin Warsh eciks.org Federal Reserve Chair Kevin Warsh highlighted the strength of business capital investment during his first testimony before Congress this week, addressing the Senate Banking Committee and House…...
Bitcoin and Ethereum rally as June inflation falls 0.4%, easing Fed rate hike fears
1+ day, 15+ hour ago (294+ words) Cryptocurrency trading surged on July 14, 2026, as cooler-than-expected inflation data sparked a rally across major digital assets, with Bitcoin rising 3.8% to $64,434.55 in the wake of softer U.S. inflation readings. June’s Consumer Price Index came in at 3.5% year-over-year, below the 3.8% consensus forecast, marking…...
Major economic reports and Fed Chair Warsh's congressional testimony highlight a busy week ahead for markets
2+ day, 9+ hour ago (524+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
Credit card interest rates remain elevated at nearly 24% for new offers, but delinquency rates continue to decline for the seventh straight quarter
2+ day, 4+ hour ago (522+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
Social Security benefits set to rise 3.6% to 3.8% in 2027 as inflation moderates
2+ day, 30+ min ago (231+ words) Social Security beneficiaries are tracking a 3.6% to 3.8% benefit increase for 2027 after June’s cooler-than-expected inflation report, potentially one of the largest cost-of-living adjustments in recent years. The Senior Citizens League forecasts a 3.8% increase, unchanged from its prior month’s projection, while the AARP…...