Mortgage rates drop
The rate for a 30-year fixed-rate mortgage was 6.63% this week. The rate for a 15-year fixed-rate mortgage was 5.79%.
Economy
New York Fed: More people living in ‘credit secure’ counties
The share of U.S. residents living in ‘credit secure’ counties grew over a five-year period, but more than one in...
Beige book: Overall economic activity has slightly increased since January
Overall economic activity has risen slightly since mid-January, with six of the 12 Federal Reserve districts reporting no change in...
Factory orders increased in January
New orders of manufactured goods increased $9.8 billion, or 1.7%, from the prior month to $589.9 billion in January, the...
ADP: 77,000 jobs gained in February
The non-farm private sector gained 77,000 jobs in February and annual pay was up 4.7% Year-over-Year, according to the ADP...
Services sector expanded in February
The ISM services index increased 0.7% from the prior month to land at 53.5% in February, the Institute for Supply...
ISM: Manufacturing sector expands in February
U.S. manufacturing activity expanded in February for the second month in a row, the Institute for Supply Management said.
Construction spending decreased 0.2% in January
Construction spending in January was at a seasonally adjusted annual rate of $2.2 trillion, 0.2% below the revised December estimate,...
ABA DataBank: Inflation bites back — fairy funds falling
The average cash gift left by the Tooth Fairy in the U.S. declined by 14% in 2025, from $5.84 to...
Personal income increased in January
Personal income increased 0.9%, or $ 221.9 billion, in January, the Commerce Department said. The personal savings rate was 4.6%.
