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Average 30-year mortgage rates are no longer above 7%, though they're still elevated compared to where they've been in recent months. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. Mortgage Rates for Buying a Home30-year Fixed Mortgage Rates Decrease (-0.04%)The current average 30-year fixed mortgage rate is 6.89%, down four basis points since this time last week. 15-year Fixed Mortgage Rates Increase (+0.10%)The average 15-year mortgage rate is 6.17%, a 10-basis-point decrease from last week. Mortgage rates have been volatile so far in 2023, and they're higher than they were in September 2022.

Persons: they're, they've, Mike Fratantoni, you'll, refinance, It's Organizations: Fed, Mortgage Bankers Association, Zillow Locations: Chevron

☆ Biden admin proposes regulation to eliminate 'gun show loophole'
▼ + stars: | 2023-08-31 | by ( Ken Dilanian | Rebecca Shabad | ) www.cnbc.com time to read: +4 min

Attorney General Merrick Garland said in a statement Thursday that the move is a result of the bipartisan law passed by Congress last year. The "gun show loophole" has been cited for years as a major hole in the federal background check system, allowing a vast number of private sales without background checks. The ATF currently licenses about 80,000 brick-and-mortar gun dealers, but gun sales are increasingly taking place outside that system, free of background checks. Earlier this year, Biden signed an executive order designed to expand background checks. Biden also noted that the law closed the so-called boyfriend loophole by keeping guns away from unmarried dating partners convicted of abuse.

Persons: WASHINGTON —, General Merrick Garland, Biden, Garland, Thursday's, Barack Obama, Pat Toomey, Joe Manchin Organizations: Alcohol, Tobacco, Firearms, Explosives, Biden, Congress, Safer, ATF, NBC News, Justice Department, Sandy Hook Elementary, Senate, Republicans Locations: Washington ,, WASHINGTON, Midland, Odessa , Texas, Newtown , Connecticut

☆ U.S. Seeks to Block Recovery of Titanic Artifacts
▼ + stars: | 2023-08-30 | by ( William J. Broad | More About William J. Broad | ) www.nytimes.com time to read: +1 min

Until then, Congress declared, “no person should physically alter, disturb, or salvage the R.M.S. Now, the federal government is taking legal action to assert control over who can recover artifacts from the storied liner and, potentially, to block an expedition planned for next year. The move comes as the Titan submersible disaster of June 18 raised questions about who controls access to the ship’s remains, which lie more than two miles down on the North Atlantic seabed. The Virginia court specializes in cases of shipwreck recovery and in 1994 granted exclusive salvage rights to RMS Titanic, Inc., which is based in Atlanta, Ga. The company has retrieved many artifacts from the ship and set up a number of public exhibitions.

Persons: “, American salvors Organizations: Congress Locations: Washington, American, Norfolk, Va, Virginia, Atlanta ,

That's because the Federal Reserve has been hiking interest rates since March 2022 in an effort to cool inflation. So the question remains: When will we finally see interest rates start to come down? CNBC Select asked three experts to give their take on what lies ahead for interest rates. What we'll coverWhen will interest rates come back down? Existing loans with a variable rate may also start charging less interest as the Fed lowers interest rates.

Persons: Amy Hubble, hasn't, Preston Caldwell, Caldwell, Hubble, Elliot Eisenberg, you'll, it's Organizations: Federal Reserve, CNBC, Federal, Market, Morningstar Research Services, Ally Bank, Navy Federal Credit Union, Jumbo, Navy Federal Credit, PNC Bank, PNC Bank Mortgage, Savings, Axos Bank, FDIC, CNBC Select's, Facebook, Twitter Locations: U.S

Representative Steve Scalise, Republican of Louisiana and the majority leader, said Tuesday he had been diagnosed with a rare form of blood cancer, but planned to return to Washington to continue working as he undergoes treatment over the next several months. Mr. Scalise, 57, said in a statement that he had begun treatment for multiple myeloma, which he described as “a very treatable blood cancer,” after feeling ill over the August congressional recess and having tests that led to his diagnosis. “I am incredibly grateful we were able to detect this early and that this cancer is treatable,” Mr. Scalise said in a statement. “I will tackle this with the same strength and energy as I have tackled past challenges.”Mr. Scalise was gravely wounded in 2017 when a gunman opened fire on members of the Republican congressional baseball team at a practice field in Alexandria, Va. Mr. Scalise was shot in the hip and underwent many surgeries to relearn how to walk.

Persons: Steve Scalise, Scalise, Mr, “, ” Mr Organizations: Republican Locations: Louisiana, Washington, Alexandria, Va

AQUIFERS AQUIFERS AQUIFERS WASH. MAINE MONT. MONITORING WELLS MONITORING WELLS MONITORING WELLS WASH. MAINE MONT. FLA. DECLINING WELLS DECLINING WELLS DECLINING WELLS WASH. MAINE MONT. FLA. UNCHARTED WATERS America Is Using Up Its Groundwater Like There’s No Tomorrow Overuse is draining and damaging aquifers nationwide, a New York Times data investigation revealed. Groundwater level trends Rising Declining Groundwater level trends Rising Declining Groundwater level trends Rising Declining Groundwater level trends Rising Declining Note: Colors depict the median trend for each site over the previous 20 years.

☆ Federal authorities have been probing roughly 5,000 pilots suspected of withholding major health issues that could imperil their ability to fly safely, report says
▼ + stars: | 2023-08-27 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

Federal officials are probing roughly 5,000 pilots suspected of withholding major health issues, per The Washington Post. Many of the other pilots possess commercial licenses, which gives them ability to be hired to fly for a range of clients. Pilots have to pass regular health screenings, but according to The Post, the tests are often not always comprehensive. "The vast majority of these pilots may continue to operate safely while we complete the reconciliation process." "I know of a lot of pilots who have told me about [medical conditions] they aren't telling the FAA about," he said.

Persons: they're, Matthew Lehner, Lehner, Rick Mangini, Mangini Organizations: Washington Post . Veterans Affairs, Service, Washington Post, Federal Aviation Administration, Veterans Affairs, FAA, Post, Pilots, The, Veterans Administration, Aerospace Medicine, Department of Transportation, Department of Justice, Army Locations: Wall, Silicon

☆ Singer of ‘Rich Men North of Richmond’ Says It’s Not a Republican Anthem
▼ + stars: | 2023-08-25 | by ( Livia Albeck-Ripka | More About Livia Albeck-Ripka | ) www.nytimes.com time to read: +1 min

“It’s aggravating seeing people on conservative news try to identify with me like I’m one of them,” he said. “I see the right, trying to characterize me as one of their own. And I see the left trying to discredit me.”The left, he added, had misinterpreted his lyrics as being attacks on the poor when, he said, he was trying to defend them. “We’ve had years of people feeling depressed and hopeless and every time you look at the T.V. or get online everything’s negative.” He added that “corporate media and education” had helped to sow division.

Persons: Anthony, “, ”, “ I’ve, Billy Bragg, “ We’ve Organizations: Fox News, Politico Locations: Farmville, Va

☆ Drowning Death of Obama Family Chef Is Ruled an Accident
▼ + stars: | 2023-08-22 | by ( Eduardo Medina | More About Eduardo Medina | ) www.nytimes.com time to read: +1 min

The personal chef to the Obama family died of accidental drowning last month in a Martha’s Vineyard lake, the chief medical examiner of Massachusetts has ruled, officials said on Tuesday. The chef, Tafari Campbell, 45, of Dumfries, Va., had been visiting the island in late July and was paddleboarding near the former first family’s summer home when he was seen struggling in the water, the Massachusetts State Police said last month. The chief medical examiner’s office has determined that Mr. Campbell's death on July 23 was an accident, Timothy McGuirk, a spokesman for the state Executive Office of Public Safety and Security, said on Tuesday night. Former President Barack Obama and Michelle Obama were not home at the time of the accident, the state police said. Another paddleboarder was on the pond with him at the time and saw him go underwater, the police said.

Persons: Obama, Tafari Campbell, Campbell's, Timothy McGuirk, Barack Obama, Michelle Obama, paddleboarder Organizations: Massachusetts State Police, of Public Safety Locations: Massachusetts, Dumfries, Va, Edgartown

In the latest challenge to the role race may play in school admissions, a legal activist group asked the Supreme Court on Monday to hear a case on how students are selected at one of the country’s top high schools, Thomas Jefferson High School for Science and Technology. A divided three-judge panel of the U.S. Court of Appeals for the Fourth Circuit ruled in May that Thomas Jefferson, a public school in Alexandria, Va., did not discriminate in its admissions. The Pacific Legal Foundation, a libertarian law group, wants the Supreme Court to overturn that decision, arguing that the school’s new admissions policies disadvantaged Asian American applicants. At issue is the use of what the school board said were race-neutral criteria to achieve a diverse student body. “This is the next frontier,” Joshua P. Thompson, a lawyer with the Pacific Legal Foundation, has said of the litigation.

Persons: Thomas, Thomas Jefferson, Joshua P, Thompson Organizations: Thomas Jefferson High School for Science, Technology, U.S ., Appeals, Fourth Circuit, Pacific Legal Foundation, Harvard, University of North Locations: Alexandria, Va, University of North Carolina

☆ Long Covid symptoms create a greater burden of disability than heart disease or cancer, new study shows
▼ + stars: | 2023-08-21 | by ( Brenda Goodman | ) edition.cnn.com time to read: +6 min

These health problems include heart problems, blood clots, diabetes, neurologic complications, fatigue and difficulties with mental health and have come to be known collectively as long Covid. That means long Covid creates a higher burden of disability than either heart disease or cancer, which cause about 52 and 50 DALYs for every 1,000 Americans, respectively, according to the Institute for Health Metrics and Evaluation’s Global Burden of Disease study. Studies have since shown that vaccination and early treatment can help curb long covid risk. That may have resulted in some people being included in the control group when they should have been in the infection group. “Our findings highlight the substantial cumulative burden of health loss due to long Covid, and emphasize the ongoing need for health care for those faced with long Covid,” said Al-Aly.

Persons: DALY, weren’t, ”, Ziyad Al, Aly, “ That’s, Dr, Sanjay Gupta, Al Organizations: CNN —, Institute for Health Metrics, Veterans Affairs, Louis Health Care, Nature, CNN, CNN Health

☆ Opinion | The Irony in the ‘Rich Men North of Richmond’
▼ + stars: | 2023-08-19 | by ( Jamelle Bouie | ) www.nytimes.com time to read: +2 min

You may have heard about Oliver Anthony, a Virginia-based folk singer who has become a conservative folk hero on account of his populist anthem, “Rich Men North of Richmond.”But Anthony’s populism is, as Eric Levitz details for New York magazine, decidedly right-wing. Resentment of inequality and the precariousness of working-class life pervades the rest of the song too. But Anthony persistently channels these resentments away from the bosses and shareholders who profited off his ill-compensated labor and onto targets sanctioned by conservative orthodoxy: tax-hiking politicians, pedophilic cabals, and obese welfare moochers. I don’t have any particular interest in either Anthony or the song in question (although Levitz’s piece is good and you should read it). One of the most common misconceptions about Jim Crow is that it came directly out of the defeat of Reconstruction.

Persons: Oliver Anthony, “ Rich, Eric Levitz, Anthony, pedophilic cabals, Jim Crow, ” Organizations: North, New York Locations: Virginia, Richmond, Farmville, Va, —, Petersburg, In Virginia

☆ Meet the New IRS, Same as the Old IRS
▼ + stars: | 2023-08-18 | by ( J.D. Vance | ) www.wsj.com time to read: 1 min

IRS Commissioner Daniel Werfel speaks at an event in McLean, Va., Aug. 2. Photo: Alex Wong/Getty ImagesThe Internal Revenue Service recently tried to reinvent itself. Earlier this year, outfitted with an additional $80 billion and 87,000 new agents, the agency unveiled a new set of priorities for the next eight years. Its Strategic Operating Plan promises to “deliver transformational change for taxpayers” while improving services and quickly resolving enforcement issues. That may sound too good to be true—because it is.

Persons: Daniel Werfel, Alex Wong Organizations: Internal Revenue Service, ” Locations: McLean , Va

☆ Joe Barrett — Senior Midwest Correspondent at The Wall Street Journal
▼ + stars: | 2023-08-17 | by ( Joe Barrett | ) www.wsj.com time to read: 1 min

Joe BarrettJoe Barrett is a senior correspondent for The Wall Street Journal covering the Midwest from Chicago. He reports on a range of topics, including public safety, economics, development, demographic changes, infrastructure, the changing environment and all the interesting places that make the region much more than flyover country. He was previously the Midwest bureau chief for U.S. News, a Page One editor in New York and Brussels, and a writer of the What’s News column. He is the author, with his late father, Jerome T. Barrett, of the book “A History of Alternative Dispute Resolution: The Story of a Political, Cultural, and Social Movement.”Joe started his career covering night cops and the Virginia General Assembly at the Daily Press in Newport News, Va. He lives in Chicago with his wife, Lori, an ill-behaved dog named Pizza and a growing collection of guitars.

Persons: Joe Barrett Joe Barrett, Jerome T, Barrett, ” Joe, Lori Organizations: Wall, Midwest, U.S . News, Social Movement, Virginia General, Daily Press Locations: Chicago, New York, Brussels, Virginia, Newport News, Va

☆ Most Americans say Trump should face charges over 2020 election, poll finds
▼ + stars: | 2023-08-16 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

More than half of U.S. adults, 54%, said they think Trump should face criminal charges in that case, while 42% disagreed, according to the university's latest national survey, released Wednesday. The governor, who was just six points behind Trump in Quinnipiac's national poll in February, trailed the former president by 39 points in the survey released Wednesday. Quinnipiac surveyed 1,818 American adults between Aug. 10-14 in its latest poll, which had a margin of error of 2.3 percentage points. The polling period ended on the same day that Trump was hit with his fourth criminal indictment, this one related to his alleged scheme to reverse his loss in Georgia's 2020 election. Sixty-eight percent of respondents in Quinnipiac's poll said that if a person is convicted of a felony, they should not be eligible to run for president.

Persons: Donald Trump, Ronald Reagan, Barrett Prettyman, Jack Smith, Trump, Tim Malloy, Ron DeSantis, Joe Biden's, — Organizations: Ronald Reagan Washington National Airport, Barrett Prettyman United States Court, Quinnipiac University, Independents, Republican, Florida Gov, Trump, Quinnipiac Locations: Ronald Reagan Washington, Arlington , Va, U.S, Quinnipiac's, Georgia

☆ Schumer: Gov't funding resolution agreement with McCarthy is 'good sign'
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +1 min

U.S. Senate Majority Leader Chuck Schumer (D-NY), with Senator Jack Reed (D-RI), Senator Tim Kaine (D-VA) and Senator Catherine Cortez Masto (D-NV), holds a press conference after the weekly Democratic caucus policy luncheon at the U.S. Capitol in Washington, U.S. July 19, 2023. REUTERS/Jonathan Ernst/File Photo Acquire Licensing RightsWASHINGTON, Aug 16 (Reuters) - U.S. Senate Majority Leader Chuck Schumer on Wednesday said he met with House Speaker Kevin McCarthy a few weeks ago and agreed to a resolution that could extend current federal government spending for a few months. Current government funding is due to expire Sept. 30 with the fiscal year beginning Oct 1, and no action to fund the federal government could trigger a shutdown. Any spending measures would have to pass both the Democratic-led Senate and the Republican-controlled House of Representatives. Reporting by Susan Heavey; editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: Chuck Schumer, Jack Reed, Tim Kaine, Catherine Cortez Masto, Jonathan Ernst, Kevin McCarthy, Schumer, McCarthy, Susan Heavey, Christina Fincher Organizations: Democratic, U.S, Capitol, REUTERS, Rights, Democrat, MSNBC, Republican, Senate, ., Thomson Locations: Washington , U.S, Ukraine

The Fed's rates aren't directly tied to mortgage rates — but in general, when it goes up, mortgage rates either stay high or increase too. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. Mortgage Rates for Buying a Home30-year Fixed Mortgage Rates Increase (+0.28%)The current average 30-year fixed mortgage rate is 7.03%, up 28 basis points since this time last week. 15-year Fixed Mortgage Rates Tick Up (+0.07%)The average 15-year fixed mortgage rate is 6.15%, a seven-basis-point increase from last week. Mortgage Refinance Rates30-year Fixed Refinance Rates Rise (+0.27%)The average 30-year refinance rate is 7.22%, which is higher than it was last week.

Persons: you'll, It's, refinance Organizations: Federal Reserve, Zillow Locations: Chevron

☆ Mother of 6-Year-Old Who Shot Teacher Pleads Guilty to Child Neglect
▼ + stars: | 2023-08-15 | by ( Livia Albeck-Ripka | More About Livia Albeck-Ripka | ) www.nytimes.com time to read: 1 min

The mother of a 6-year-old who shot his first-grade teacher in a Virginia classroom pleaded guilty on Tuesday to a charge of felony child neglect, according to prosecutors and a lawyer for the mother. The mother, Deja Taylor, 26, appeared in court in Newport News, Va. Prosecutors for the commonwealth agreed to drop a second misdemeanor count of child endangerment involving a loaded weapon, they said in a statement. Ms. Taylor’s lawyer, James S. Ellenson, said that while the child neglect charge would carry a maximum sentence of five years in prison, prosecutors had agreed not to deviate from the state recommendation of one to six months imprisonment, given her lack of criminal history. “She’s upset,” Mr. Ellenson said Tuesday, noting that Ms. Taylor’s child, who was undergoing therapy, was now in the full custody of his grandfather.

Persons: Deja Taylor, James S, Ellenson, “ She’s, ” Mr, Taylor’s, “ Organizations: Prosecutors Locations: Virginia, Newport News, Va

☆ Opinion | Racketeering Case Against Trump in Georgia
▼ + stars: | 2023-08-15 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “Trump Indictment, Part IV: A Spectacle That Has Become Surreally Routine,” by Peter Baker (news analysis, nytimes.com, Aug. 15):The grand jury’s RICO indictment is historic because it rightly accuses the former president and his co-conspirators of a gang-like assault on democracy. It is significant too because it recognizes the courageous refusal of state officeholders, mostly Republican, to violate the law. This is not the first or only time that Americans owe a huge debt of gratitude to our Black women compatriots. To the Editor:Like many who are concerned about the rule of law and equal treatment under the law, I was delighted to see former President Donald Trump and 18 others indicted by a Georgia grand jury. This is a sweeping indictment, accusing Mr. Trump of being the head of a “criminal enterprise” to overturn the election.

Persons: “ Trump, Peter Baker, Donald Trump, Rudolph Giuliani, Jan H, Trump Organizations: Woodrow Wilson Center, Mr Locations: Georgia, Alexandria, Va

☆ ‘Sigue tu pasión’ podría ser un mal consejo
▼ + stars: | 2023-08-14 | by ( Alina Tugend | ) www.nytimes.com time to read: +1 min

“La gente empieza a considerar el trabajo como simplemente un trabajo y esa es una buena señal”. Antes de la década de 1970, la pasión no era una prioridad para quienes buscaban trabajo, aseveró Cech, autora de The Trouble With Passion: How Searching for Fulfillment at Work Fosters Inequality. Lo importante era tener un sueldo decente, horarios y seguridad laboral y, si había satisfacción, llegaba más tarde, a medida que adquirías más destreza en el trabajo. Eso empezó a cambiar en la década de 1970, con la creciente inestabilidad laboral de los profesionales y un énfasis cultural cada vez mayor en la autoexpresión y la autosatisfacción, un cambio plasmado en el muy popular libro de 1970 ¿De qué color es tu paracaídas? En particular, preocuparte por si el trabajo te va a satisfacer aplica sobre todo al privilegiado mundo de los oficinistas.

☆ I’m a Ukrainian Soldier Who Spent Five Days in a Trench Waiting for Death - The New York Times
▼ + stars: | 2023-08-10 | by ( Artem Chekh | ) www.nytimes.com time to read: +1 min

When Russia launched its full-scale invasion of Ukraine, I was writing a novel. But Russia, not content with destroying the statehood of Ukraine once before, had other plans. Did I really want to die at the end of the world, from which not everyone returns? Probably every Ukrainian soldier asks these questions that don’t have answers. The Russians captured the rest of the city and most of the Ukrainian units left.

Persons: I’ve, — Organizations: Royal Locations: Russia, Ukraine, America, Virginia, Missouri, United States, Russian, Va, Ozark, Mo

☆ Cocaine cartels encroach on Unification Church’s Paraguayan paradise
▼ + stars: | 2023-08-10 | by ( Puerto Casado | ) www.reuters.com time to read: +20 min

Many of the runways are on land owned by the Unification Church of South Korea, founded by Rev. The Unification Church is a major power in this unruly region. Byun, the Unification Church lawyer, provided Reuters with an April 2022 document the church sent to Paraguayan anti-narcotics prosecutors, urging an investigation into potential illicit activity. Trouble in paradiseThe alleged drug-running on its land isn’t the only trouble the Unification Church has faced in the Chaco. Byun, the church lawyer, acknowledged the tensions with locals in Puerto Casado but declined to comment on the Myungs or the fire.

Persons: Sun Myung, Michelle Byun, ” Byun, “, Moon, God, ”, Miguel Ángel Servín, Servín, Rodrigo Alvarez, Elva Cáceres, Marco Alcaraz, Cynthia Tarrago, Tarrago, Raimundo Va, Rodrigo Alvarenga Paredes, Byun, Alvarenga, “ Alvarenga, Rodrigo Álvarez, Álvarez, Pedro Juan Caballero, ‘ Lawless, –, Marcelo Pecci, José Carlos Acevedo, ” Acevedo, Pecci, Acevedo, Mario Abdo Benítez, James Laverty, Hak Ja, ” –, Carlos Casado, Anger, Locals, Lorenzo Myung, Martin Rodriguez, Rodriguez, Dora Irrazábal, Irrazábal, Alberto David Gauto, Gauto, Emilio Camacho, Moon’s, Hyun Jin, Preston, Hak, Hyung Jin, Sean, Massimo Introvigne, Sean Moon, Preston Moon, Puerto Casado, Virgilio Chamorro, Gabriel Stargardter, Daniela Desantis, Feilding, Tomas Bravo, John Emerson, Brian Thevenot Organizations: Unification Church of, Rev, Authorities, Reuters, Unification Church, Holy Spirit Association, South Korea’s Unification, Belgian, Sting, South, International Association of Parliamentarians, Peace, U.S . Federal Bureau of Investigation, Colorado Party, Yorker, U.S, Attorney, FBI, Capital Command, PCC, United Nations Office, Drugs, U.S . Drug, Carlos Casado SA, Salesian, Supreme, FARC, Peace Foundation, Center for Studies, New, Iron Ministries, Preston, Tomas Bravo Graphics Locations: Paraguayan, Unification Church of South Korea, SENAD Paraguay, Chaco, Paraguay, Korea, Bolivian, Peruvian, Atlantic, Brazil, Uruguay, Argentina, Europe, Argentine, Manhattan, “, Antwerp, Europe’s, Servín, Asunción, Seoul, New York City, United States, New Jersey, Tarrago, Va, U.S, Byun, Alvarenga, Chile, Ecuador, Colombian, Bolivia, American, South America, America, Puerto Casado, Gauto, Preston, Turin, Italy, Pennsylvania, Puerto

☆ How to Save for a House
▼ + stars: | 2023-08-09 | by ( Michele Lerner | ) www.wsj.com time to read: +10 min

By Michele LernerThe need to save looms large in the home buying process. 5 strategies to save for a houseZillow estimates that it would currently take the typical household saving 5% of their income close to nine years to save a 10% down payment on a typical house. For example, if you’re aiming for $50,000 down on a $500,000 home in three years, you’ll need to save nearly $1,400 a month. That means the fastest way to save is often to cut costs on the place you live. However, he says you should at least save the minimum to earn any 401(k) matching contributions your employer offers and have a plan to increase your contributions after you buy a house.

Persons: Michele Lerner, you’re, ”, Isabel Barrow, Barrow, Cash, Tom Mathews, Matt Steenson, ” Barrow, Mathews, —, you’ve, “, ” Steenson, Steenson Organizations: National Association of Realtors, NAR, Edelman, News Corp, The, Street, PNC Bank, Federal Deposit Insurance Corp Locations: Alexandria, Va, Atlanta, Pittsburgh

See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. Mortgage Rates for Buying a Home30-year Fixed Mortgage Rates Increase (+0.17%)The current average 30-year fixed mortgage rate is 6.67%, up 17 basis points since this time last week. 15-year Fixed Mortgage Rates Go Up (+0.17%)The average 15-year fixed mortgage rate is 6.02%, a 17-basis-point increase from last week. Mortgage Refinance Rates30-year Fixed Refinance Rates Go Down (-0.14%)The average 30-year refinance rate is 6.99%, which is lower than it was last week. 15-year Fixed Refinance Rates Inch Up (+0.17%)The average 15-year fixed refinance rate is 6.54%, 17 basis points higher than it was last week.

Persons: we've, you'll, It's, refinance Organizations: Zillow Locations: Chevron

☆ Millennials powered America’s homeownership boom
▼ + stars: | 2023-08-08 | by ( Anna Bahney | ) edition.cnn.com time to read: +7 min

Rather, the homeownership rate measures the percentage of all occupied housing owned by the occupants, as opposed to occupied by renters. By 2022, the US homeownership rate was 65.8%, up from 64.6% in 2019. Homeownership rates dipped as low as 63.4% following the foreclosure crisis that began in 2004 and the Great Recession that began in 2008. Homeownership rates have recovered just half of the 5.6% drop in homeownership between 2004 and 2016. Between 2016 and 2019, the homeownership rate increased for buyers under 55, according to the Census Bureau.

Persons: Yue, Chris Parsons, —, ”, Yue Parsons, — Parsons, Parsons, We’re, Jessica Lautz Organizations: Washington CNN, Census, National Association of Realtors, NAR Locations: New York City, Manhattan, United States, homebuying, San Francisco, New York, Austin , Texas, Miami, Phoenix, homeownership

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