Tag Archives: 2020 recession

The rate on the popular 30-year fixed-rate mortgage rose to 3.01%, according to Freddie Mac data released Thursday. It is the first time in six weeks that US mortgage rates have risen: Rates have been kept low by low yields on US Treasuries and near zero interest rates. Mortgage rates …

Christophe Barraud, chief economist at stockbroker Market Securities, has been rated Bloomberg’s most accurate forecaster of US economic data eight years in a row. He told Business Insider that the United States will not return to its fourth quarter 2019 GDP of 2.1% until at least 2022, and for some …