News
Rising Mortgage Rates Push US Consumers Toward Riskier Loans
3+ hour, 24+ min ago (233+ words) Rising US mortgage rates suppressed loan demand from homeowners and buyers last week, shifting consumer interest toward riskier financing options that provide lower initial borrowing costs, according to data from the Mortgage Bankers Association. Total mortgage application volume decreased 2. 3% on…...
US Mortgage Rates Surge as Inflation Reaches Highest Level Since 2023
2+ hour, 30+ min ago (288+ words) Average United States mortgage rates climbed on Thursday, May 21, 2026, driven higher by persistent inflation concerns that could influence future monetary policy. The national average on a 30-year fixed-rate mortgage increased to 6. 63%, up from the previous day, according to data from…...
US Mortgage Rates Fall Below Peak After Iran Peace Progress
3+ hour, 22+ min ago (510+ words) Average US mortgage rates retreated to 6. 67% on Wednesday, May 20, 2026, after surging to a nine-month high of 6. 75% the previous day, according to data from Mortgage News Daily. The recovery occurred as newswires reported that the United States and Iran are nearing…...
S&P 500 and Nasdaq Fall as Bond Yields Rise
3+ day, 1+ hour ago (567+ words) The S&P 500 and Nasdaq Composite closed lower on Monday, May 17, 2026, as investors monitored climbing global bond yields and elevated oil prices amid stalled Middle East peace negotiations. The broad market index fell 0. 2% and the tech-heavy Nasdaq slid 0. 5%, while the…...
US Public Discontent Climbs Over Economic Strain and Inflation
3+ day, 20+ hour ago (227+ words) A majority of Americans are experiencing heightened financial stress and anxiety as domestic economic ratings slide to their lowest points since 2023. A CBS News/You Gov survey conducted between May 13-15, 2026, reveals deep public dissatisfaction with rising living costs and national…...
US Dollar Hits Multi-Week High as Treasury Yields Surge
5+ day, 18+ hour ago (312+ words) The US dollar index rallied to a 2. 5-week high on Friday, May 15, 2026, as robust domestic economic data and climbing crude oil prices fueled expectations for tighter Federal Reserve monetary policy. The greenback rose 0. 39% while the 10-year Treasury note yield hit…...
Major US Stock Indexes Sink Following Jump in Treasury Yields
6+ day, 2+ hour ago (326+ words) Wall Street benchmarks retreated on Friday, May 15, 2026, as renewed inflation concerns and a surge in Treasury yields prompted investors to pull back from recent record highs. The market decline coincided with the conclusion of a high-stakes diplomatic summit between US…...
US Mortgage Rates Hit Highest Levels Since March After Inflation Data
1+ week, 6+ hour ago (440+ words) Average interest rates for 30-year fixed mortgages surged to 6. 57% on Wednesday, May 13, 2026, marking the highest level since March. The increase followed hotter-than-expected government inflation data and ongoing geopolitical concerns regarding negotiations in the Iran war. According to Mortgage News Daily,…...
Social Security 2027 COLA Forecasts Rise Amid Inflation Spikes
1+ week, 20+ hour ago (437+ words) New government data released on Tuesday, May 12, 2026, indicates that rising inflation may drive the 2027 Social Security cost-of-living adjustment (COLA) as high as 4. 2 percent. The forecasted increase follows a 3. 9 percent rise in the Consumer Price Index for Urban Wage Earners and…...
US Inflation Surges to 3. 8 Percent Amid Rising Iran Conflict Costs
1+ week, 1+ day ago (398+ words) Consumer prices in the United States accelerated to a 3. 8 percent annual increase in April 2026 as energy costs spiked following the military escalation with Iran, according to Labor Department data released Tuesday, May 12. The year-over-year jump from 3. 3 percent in March represents…...