Homeownership Drifts Further Out of Reach as Mortgage Rates Rise
Mortgage rates have pushed above 7 percent and home prices remain elevated, hurting the prospects of would-be buyers.
Mortgage rates have pushed above 7 percent and home prices remain elevated, hurting the prospects of would-be buyers.
The average 30-year, fixed-rate mortgage has steadily risen in recent weeks, compounding affordability challenges for many Americans.
Among the measures up for a vote in November is one that would amend the state’s landmark environmental law and make it easier to build large housing developments outside cities.
If AI systems have been humming along nicely for weeks or months at a stretch, will the human overseeing them be able to take over when things go wrong? Sebastien Bozon/AFP via Getty ImagesImagine an artificial intelligence system that has performed reliably for months. Its recommendations are almost always right, and the employee reviewing them has learned that close scrutiny rarely changes the outcome. Then something unusual happens.
One driver of higher U.S. diesel prices is a major drop in supply from Russia and the Middle East. AP Photo/David Zalubowski)A spike in diesel prices is hammering broad sectors of the U.S.
September’s Consumer Price Index report will keep pressure on President Trump and the Federal Reserve to tame intensifying price pressures.
The final inflation report before the 2026 election — showing price increases and stagnant wages — spelled bad political news for the White House.
Inflation and economic frustrations have expanded the map of competitive midterm election districts deep into Republican territory.
Energy prices have surged since the start of war with Iran, lifting inflation in the United States.
Inflation has made basic goods hard to afford and attitudes toward inequality have changed, studies from the Pew Research Center showed.