Use this inflation calculator to see how prices are changing: Inflation is the loss of purchasing power over time as prices rise. It is often expressed as a percentage and generally refers to a trend marked by rising prices across sectors, affecting common household expenses like food and energy.
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.
These are today's mortgage and refinance rates. Mortgage rates may not fall much this year unless inflation shows further signs of slowing.
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Rates on 30-year refinance loans dropped another 2 basis points Thursday. That's now a four-day decline of 12 basis points, which has reduced the average to 7.01%—the cheapest level for 30-year refi rates since a week before Christmas.
Centre County’s living wage for a single adult without children has increased by $5.54 per hour since December 2022, or $11,523.20 per year for someone working 2,080 hours annually. The MIT living wage in State College in 2022 was $17.61, the CDT previously reported.
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What made the wildfires devastating was their path through the Palisades, where home values hover around $3.4 million and aging structures were tightly packed in a recognized high-risk fire zone.
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down further.
These are today's mortgage and refinance rates. Mortgage rates may only drop a little bit this year since the economy is still running strong.
Kentucky’s statewide minimum livable wage is $19.40 for a single adult without children, according to MIT’s calculator. The living wage is calculated to be hourly figure an individual needs to make to afford the basic necessities.
Mortgage rates declined by one basis point this week, not enough to change the equation to bring consumers back into the housing market, Freddie Mac said.