2.8 C
Thursday, December 1, 2022
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economic performance

Some Home Buyers Could Soon Get a $1 Million Mortgage With a 3% Down Payment

To qualify for a $1 million mortgage, Americans typically have to make a down payment of at least 20% of the home’s price. Starting...

U.S. Jobless Claims Fell Last Week, Showing Solid Labor Market

Applications for unemployment benefits decreased by 16,000 last week, consistent with a labor market that remains resilient despite signs of a broader economic slowdown. Source...

U.S. Households Sharply Boosted Spending in October

EconomyU.S. EconomySpending rose 0.8% in month, income up 0.7% and core personal consumption expenditures price index rose 0.2% Source link

In Tough Housing Market, Renters Renovate Like They Own the Place

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U.S. Economic Growth Slowed This Fall, Fed’s Beige Book Says

EconomyU.S. EconomyCentral bank’s business contacts saw greater economic uncertainty amid inflation and higher interest rates Source link

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