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Mortgage Market Brings Higher Costs to Borrowers: Mortgage Rates for April 19, 2024 Today’s average mortgage rates Mortgage Refinance Today’s average mortgage rates on Apr. 19, 2024, compared with one week ago. We use rate data collected by Bankrate as reported by lenders...... Sticky Wages Are Not Transitory pm EDT When U.S. Treasury Secretary Yellen said that the inflation was transitory, she was partially right, but misdiagnosed the way cost pressures are transmitted and mitigated. Yes, shortages...... Four Reasons Why High Interest Rates Hurt Small Businesses pm EDT For several months, Federal Reserve Chair Jerome Powell has hinted that the Federal Open Market Committee (FOMC) might lower interest rates sometime soon. Those hopes appear to be dashed as...... Why Do People Hate Inflation? pm EDT Last week’s government data on inflation found that prices have grown at 3.5% over the past year, down from an inflation high of 9% in June 2022. While there has been significant cooling, the...... America’s debt problem is storing up trouble for the rest of the world London CNN  —  The high and rising level of US government debt risks driving up borrowing costs around the world and undermining global financial stability, the International Monetary Fund has...... Construction Jobs Changes Reflect Gradual Shift In Economic Activity am EDT Economic activity – growth and job creation – has remained remarkably strong for several years now. That resilience in the face of substantial headwinds such as higher interest rates and......