The average interest rate on a 30-year home loan fell just below 7%; Fed’s Williams says talk of rate cuts is premature; officials order rebates on 48 injectable drugs deemed overpriced; Costco sales soar as shoppers seek discounts.

The average interest rate on a 30-year home loan fell just below 7%; Fed’s Williams says talk of rate cuts is premature; officials order rebates on 48 injectable drugs deemed overpriced; Costco sales soar as shoppers seek discounts.

Mortgage rates are at their lowest since August

The Marketplace Minute® has concluded production as of July 2024.
The economy is changing so fast. It’s hard to keep up. Get the latest on what’s happening in the economy right now with two-times-a day briefings from Marketplace. More than just the numbers, we bring you the highlights from the most important stories about money, business and the economy. Subscribe to the Marketplace Minute® wherever you get your podcasts or add it to your Alexa flash briefing.

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The Marketplace Minute® has concluded production as of July 2024. The economy is changing so fast. It’s hard to keep up. Get the latest on what’s happening in the economy right now with two-times-a day briefings from Marketplace. More than just the numbers, we bring you the highlights from the most important stories about money, business and the economy. Subscribe to the Marketplace Minute® wherever you get your podcasts or add it to your Alexa flash briefing.

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Mortgage rates are at their lowest since August

Mortgage rates are at their lowest since August

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