Mortgage rates rose again this week, putting the average 30-year fixed-rate loan at its highest level in some time and adding to costs for prospective homebuyers heading into the fall.
Tag Archives: economy
Mortgage Rates Jump to for a Third Straight Week
Mortgage rates rose sharply again this week, pushing further above the 7% mark, according to Freddie Mac’s latest data.
Maine Unemployment Rate Remains Unchanged from July
Maine’s seasonally adjusted unemployment rate held at 3.2 percent in August, essentially unchanged from July, according to the latest Maine Department of Labor report. The state’s jobless rate has stayed below 4 percent for 56 months in a row.
Unemployment Rate Remains Above Four Percent in August
The American job market bounced back last month. Employers added 162,000 jobs in August, the Bureau of Labor Statistics reported Friday, against forecasts of a 65,000 gain.
Inflation Held at 3.4 Percent in August as Gas Prices Jump
Consumer prices rose 0.4 percent in August and were up 3.4 percent from a year earlier, the Bureau of Labor Statistics reported Friday, matching July’s annual rate but up sharply from its 0.1 percent monthly gain.
Consumer Confidence Slips In August as Expectations Sour
The Conference Board’s Consumer Confidence Index slipped 0.8 points in August to 89.4, coming in below the 90.3 economists had forecast.
Maine’s Unemployment Rate Holds Steady at 3.1% in July
Maine’s unemployment rate remained unchanged at 3.1 percent in July, marking the fourth consecutive month at that level, according to data released by the Maine Department of Labor. The rate has stayed within a narrow band of 3.1 to 3.3 percent for 23 straight months, and has held below four percent for 55 months — …
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U.S. Economy Shed 23,000 Jobs in July as Hiring Stalls
The American job market went backward last month. Employers cut 23,000 jobs in July, the Bureau of Labor Statistics reported Friday, against forecasts of an 83,000 gain. The unemployment rate edged down a tenth of a point to 4.1 percent, but not for encouraging reasons. The decline came largely from people leaving the workforce rather …
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