Xikj WATCH: Senate returns for first time since the 2022 midterm elections
The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, pushing up borrowing costs for homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan rose to 7.09 percent from 6.96 percent last week. A year ago, the rate averaged 5.13 percent.Its the fourth consecutive weekly increase for the average rate and the highest since early April 2002, when it averaged 7.13 percent. The last time the average rate was above 7
stanley cup percent was last November, when it stood at 7.08 percent.High rates can add hundreds of dollars a month in costs for borrowers, limiting how much they can afford in a market already unaffordable to many Americans.The latest increase in rates follows a sharp uptick in the 10-year Treasury yield, which has been above 4 percent this month and climbing. The yield, which lenders use to price rates on mortgages and other loans, was at 4.30 percent in m
stanley cup idday trading Thursday, its highest level in nearly a year.WATCH: British housing crisis creates new conflicts as developers seek to build homesThe yield has been rising as bond traders react to more reports showing the U.S. economy remains remarkably resilient, which could keep upward pressure on inflation, giving the Federal Reserve reason to keep interest rates higher for longer. The economy continues to do better than expected
stanley cup and Mcwq WATCH: Trump, White House coronavirus task force hold news briefing
JERUSALEM 鈥?Israel attorney general says he has decided to indict Prime Minister Benjamin Netanyahu on a series of corruption charges.Avichai Mandelblit said Thursday he has accepted the police recommendations to file charges against Netanyahu in three different cases, pending a final hearing.In a Justice Ministry statement, Mandelblit says he plans to charge Netanyahu with bribery for promoting regulatory changes worth hundreds of millions of dollars to telecom giant Bezeq in return for positive press coverage in Bezeq popular subsidiary news site Walla.He
stanley cup will also charge Netanyahu with fraud and breach of trust in two other cases. The first involves accepting gifts from billionaire friends and the second revolves around alleged offers of advantageous legislation for a m
stanley cup ajor newspaper in return for favorable coverage.Netanyahu denies any wrongdoing. He called a press conference for Thursday evening.
jordan Left: Israeli Prime Minister Benjamin Netanyahu attends the weekly cabinet meeting at the Prime Minister s office in Jerusalem on May 6, 2018. Jim Hollander/Pool via Reuters Related Israel launches privately funded moon mission on SpaceX rocket By Marcia Dunn, Associated Press