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The average long-term U.S. mortgage rate climbed this week to its highest level since November, according to weekly data compiled by mortgage buyer Freddie Mac.

The rate on the 30-year fixed mortgage rose to 6.79% this week from 6.57% a week ago. One year ago, it averaged 5.09%.

"Mortgage rates jumped this week, as a buoyant economy has prompted the market to price-in the

For some critics of the rate hike effort over the past year, the collapse of the banks adds to their fears that the Fed’s push could destabilize the broader economy. Fed monetary policymakers have had to weigh continuing their aggressive fight on still-high inflation against concerns about the stability of US banks, whose finances have been rocked by those fast-rising interest rates over the

The Federal Reserve is widely expected to announce its eighth consecutive rate hike at this week’s policy meeting. 

This time, Fed officials likely will approve a 0.25 percentage point increase as inflation starts to ease, a more modest pace compared with earlier super-size moves in 2022.

Still, any boost in the benchmark rate means borrowers will pay even more interest on credit

Tucker Carlson’s sudden departure from Fox News was so unexpected, the channel was running commercials promoting his show Monday morning. There are some facts you should have in mind when attempting to make sense of Carlson’s departure.

Tucker Carlson’s final program attracted 2.65 million viewers. Over the past year, there’s been an intriguing shift in Fox News’ viewership, as last