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Markets are feeling confident the Fed will cut rates next month. History shows how that could be rocket fuel for stocks.
One survey found that economists predict a median rate of 3.4% annual inflation in the third quarter, up from 2.5% in May as measured by core Personal Consumption Expenditures.
The 30-year fixed-rate mortgage averaged 6.66% in the week ending Aug. 14, down four basis points from the previous week.
The average contract interest rate for 15-year fixed-rate mortgages decreased again to 6.06% from 6.11%, with points decreasing to 0.67 from 0.74 (including the origination fee) for 80% LTV loans.
Colorado's unemployment rate fell for the second month in a row in July, even as the national labor market is seen as ...