WASHINGTON: Mortgage rates in the United States moved higher this week, ending a three-week decline as global energy market volatility and inflation concerns pushed borrowing costs upward. Read More: Rate-starved US banks happily gobble mortgage business According to the latest market update, the average 30-year fixed mortgage rate climbed to 6.3%, reversing the downward trend seen over […]
mortgage rates
US Senate passes bipartisan bill to boost affordable housing
WASHINGTON — The US Senate on Thursday overwhelmingly approved legislation aimed at expanding affordable housing construction across the country, passing the bill 89-10. The measure, co-sponsored by Republican Senator Tim Scott of South Carolina and Democratic Senator Elizabeth Warren of Massachusetts, now moves to the House of Representatives for review and voting. Read More: US […]