News Summary: 30-year loan rate rises to 3.56 pct.

News Summary: Average rate on US 30-year mortgage rises to 3.56 pct.; still near historic lows

Associated Press

STILL LOW: The average U.S. rate on the 30-year fixed mortgage rose this week but remained near historic lows. Low mortgage rates have helped support the slowly recovering housing market.

30-YEAR ON THE CHEAP: Freddie Mac says the average rate on the 30-year loan increased to 3.56 percent from 3.53 percent last week. That's still near the 3.31 percent rate reached in November, the lowest in records dating to 1971.

ECONOMY BOOST: The cheap mortgages that are encouraging more people to buy or refinance also could help sustain the economy's recovery this year.

Sorry you didn't like this comment. Please provide a reason below.

Are you sure?
Rating failed. Try again.
Request failed. Try again.
We will promote constructive and witty comments to the top, so everyone sees them!
Sorry, we can’t load comments right now. Try again.

    Recommended for You

    • Trump offers scattershot response to global protests

      WASHINGTON (AP) — President Donald Trump is striking a more unifying tone as he gets down to business on his second full day in the White House.

      Associated Press
    • Analysis: Trump speech shows America getting what it ordered

      WASHINGTON (AP) — America is getting what it ordered on Election Day.

      Associated Press
    • Inauguration crowds are looking puny compared to Women's March crowds

      Sorry, Trump, but these Women's March crowds are YUGE. Ladies from around the world got in formation to take part in the Women's March on Washington following Trump's inauguration, and the crowds are downright bigly. With attendance projections for the D.C. March now at over 500,000, many can't help but compare today's attendance to Friday's underwhelming inauguration numbers. SEE ALSO: Who pulled the bigger crowd: Trump or Obama? While hundreds of thousands did show up to watch Trump be sworn in as the 45th President of the United States on Friday, visible empty bleachers and photos of Obama's packed 2009 inauguration ceremony,which had an estimated turnout of around 1.8 million, proved Trump's gathering was far from record setting. The March reportedly led to 1,000 more busses being booked than on Trump's big day, and photographs and video from today's events show D.C. bombarded with an overwhelming number of attendees. Though official inauguration numbers are unknown, the gorgeous sea of pink Pussyhats assembling at today's March certainly appeared to trump the president's crowds. If you want to see how massive the Women's March is, I'm standing at the back edge of the crowd, and I've marked the speaker's stage. pic.twitter.com/L47WgP2OuP — Matt Pearce (@mattdpearce) January 21, 2017 #WomensMarch in #DC view from the roof of VOA towards #USCapitol pic.twitter.com/JBY4MAhep3 — Niki Papadogiannakis (@nikipapadog) January 21, 2017 @JoyAnnReid @puffin98 Let's compare crowd size of Trump Inauguration v D.C. Women's March...樂 Mr Trump...you can't comb over racism! pic.twitter.com/Lz9Tn8PpZp — Sissy Victor (@sissyvictor40) January 21, 2017 #WomensMarch Today vs. #Inauguration Yesterday pic.twitter.com/jFowSajc4Q — Austin Hunt (@AustinHunt) January 21, 2017 Photos of the Shady Grove Metro station currently. Hearing it's an hour wait to get on the train. O____o #WomensMarch pic.twitter.com/YOaaQ41v1s — Philip Lewis (@Phil_Lewis_) January 21, 2017 What the same DC Metro station looked like on Inauguration Day vs. what it looks like today pic.twitter.com/gi8GBoqni5 — Freddie Campion (@FreddieCampion) January 21, 2017 On my way to cover #WomensMarch in DC and have not seen this station this busy even at peak rush hour before. Pink everywhere. pic.twitter.com/kYhxy66ttj — Tal Kopan (@TalKopan) January 21, 2017 #WomensMarch We're not even in DC yet, and this metro station has a better crowd than the inauguration. pic.twitter.com/iXeJFqwtIJ — Emily Hecht (@emiblake) January 21, 2017 The fact that there are more people at the #WomensMarch than the #Inauguration gives me hope that we're all going to be alright. pic.twitter.com/GgNeEii2yB — David Thompson (@DavidMDT) January 21, 2017 Thanks to the National Mall Cam, a live video feed of the U.S. Capitol building, you can check out the huge crowds for yourself in real time. Inauguration Photo of Donald Trump's inauguration crowds on Jan. 20, 2017. Image: screengrab/earthcam Women's March Photo of Women's March on Washington crowds at 12:00 p.m. on Jan. 21, 2017. Image: screengrab/earthcam Uh oh, Trump. Looks like the women of the world are giving you some serious competition. BONUS: Trump's 2017 vs Obama's 2009: A brutal inaugural concert comparison

      Mashable
    • China to prosecute former Tianjin mayor for suspected graft

      China will prosecute the former mayor of the northern city of Tianjin for suspected graft, the state prosecutor said on Sunday, taking a step that will almost certainly result in his conviction. Dozens of senior people have been investigated or jailed since President Xi Jinping assumed power four years ago, vowing to root out corruption, warning, like others before, that the problem threatens the Communist Party's grip on power. The party announced in September the investigation into Huang Xingguo, who had been mayor of the important port city - about an hour from Beijing - since 2008.

      Reuters
    • Discarded protest signs from the Women’s March in NYC (28 photos)

      Following the march in New York City, protesters left behind thousands of signs around Fifth Avenue near Trump Tower. Many signs left near a construction site were taken home by admirers as souvenirs. One group of placards was made into an art installation on East 57th Street, while many of these great signs were discarded near receptacles along Fifth Avenue waiting for sanitation. (Yahoo News) Photography by Gordon Donovan /Yahoo News _____ Related slideshows: Slideshow: Signs of the Women's March around the world >>> Slideshow: Women's March on Washington, D.C. >>> Slideshow: Women’s March around the world >>> Slideshow: How newspapers covered President's Trump inauguration >>> Slideshow: Anti-Trump inauguration protests break out in U.S. >>> Slideshow: Protests worldwide against the inauguration of Donald Trump >>> Slideshow: Obama's Washington >>> Slideshow: Donald Trump’s Inauguration Day >>> Slideshow: 66 hands on 66 Bibles >>> See more news-related photo galleries , and follow us on Yahoo News Photo Tumblr.  

      Yahoo News Photo Staff
    • The skin cure fad threatening Myanmar's elephants

      "Elephant's skin can cure skin diseases like eczema," one shop owner, who requested anonymity, told AFP next to a counter brimming with porcupine quills and snake skins. Another young man touting his wares nearby promised a paste made from ground up elephant teeth would "cure pimples and remove black spots".

      AFP
    • Syria rebels arrive in Astana for talks with regime

      Members of the Syrian opposition delegation arrived Sunday in the Kazakh capital Astana for face-to-face peace talks with the war-torn nation's government. The talks, set to begin on Monday, will be the first time a delegation composed exclusively of rebel groups will negotiate with the regime of Syrian President Bashar al-Assad. Chief opposition negotiator Mohammad Alloush flew into Astana on Sunday morning, according to an AFP correspondent who saw the delegation arrive.

      AFP
    • Leonard scores 41, Spurs down Cavaliers 118-115 in overtime

      CLEVELAND (AP) — As Kawhi Leonard peeled the ice bag off his swollen left hand, Manu Ginobili hobbled through San Antonio's locker room, his back stiffened from a run-in with LeBron James.

      Associated Press
    • The Latest: Trump changes course after denouncing protesters

      WASHINGTON (AP) — The Latest on President Donald Trump (all times EST):

      Associated Press
    • White House vows to fight media 'tooth and nail' over Trump attacks

      By Doina Chiacu and Jason Lange WASHINGTON (Reuters) - The White House vowed on Sunday to fight the news media "tooth and nail" over what it sees as unfair attacks, with a top adviser saying the Trump administration had presented "alternative facts" to counter low inauguration crowd estimates. On his first full day as president, Trump said he had a "running war" with the media and accused journalists of underestimating the number of people who turned out Friday for his swearing-in. White House officials made clear no truce was on the horizon on Sunday in television interviews that set a harsher tone in the traditionally adversarial relationship between the White House and the press corps.

      Reuters
    • Pa. Turnpike bridge linking Pennsylvania, New Jersey to remain closed

      Motorists will not be able to use the Pennsylvania Turnpike (I-276) to travel between Pennsylvania and New Jersey until further notice due to a structural problem, officials say.

      WPVI – Philadelphia
    • Barack and Michelle Obama send their first post-inauguration tweets

      It's been a veeeery emotional day for America. Donald Trump was sworn in as the 45th president of the United States, which means the now-former POTUS and FLOTUS, the great Barack and Michelle, had to step down after eight blissful years in the White House. SEE ALSO: Celebrities flood Instagram with final 'Thanks, Obama' posts As Obama said in a speech following the inauguration, he and Michelle have been "milking" their goodbyes, but we wouldn't have it any other way. From Michelle's emotional final Instagram posts and the touching final wave Barack gave us before boarding a chopper to leave D.C., the couple has been making us reach for the tissues all week long. Now, hours after the inauguration ceremony, Barack and Michelle have sent the first tweets on their personal Twitter accounts since officially exchanging handles with the Trumps. Michelle, gracious as always, used her first post-inauguration tweet to inform us she would be taking a little break after an "extraordinary" eight years. But have no fear, she assured her followers she'll be "back before you know it" to work on the important issues. After an extraordinary 8 years, I'll be taking a little break. Will be back before you know it to work with you on the issues we care about. pic.twitter.com/o0ECJitXnw — Michelle Obama (@MichelleObama) January 20, 2017 The former POTUS also made his triumphant return, complete with a beautiful dad joke, of course. Barack gave his Twitter page a complete makeover, including new photos and an updated bio, which now reads: Dad, husband, President, citizen. He informed his followers he and Michelle are embarking on a (much-deserved) vacation to Palm Springs. Hi everybody! Back to the original handle. Is this thing still on? Michelle and I are off on a quick vacation, then we’ll get back to work. — Barack Obama (@BarackObama) January 20, 2017 He also encouraged American citizens to share their thoughts and concerns about "the road ahead" in a second tweet, providing a link to The Obama Foundation's website. In the meantime, I want to hear what you're thinking about the road ahead. So share your ideas with me here: https://t.co/GYkEOK8EuT — Barack Obama (@BarackObama) January 20, 2017 We knew Barack and Michelle would keep in touch.  BONUS: The emotional moment Obama waves goodbye to D.C.

      Mashable
    • Inside Edition
    • Strong quake hits Solomons; some damage but no tsunami

      CANBERRA, Australia (AP) — A powerful magnitude 7.9 earthquake struck deep under Papua New Guinea on Sunday, causing damage and blackouts but no tsunami hours after the Pacific Tsunami Warning Center issued an alert for nearby islands.

      Associated Press
    • Apple antitrust suit: Qualcomm overcharged 'billions'

      Apple on Friday sued Qualcomm, accusing the California chipmaker of abusing its market power to demand unfair royalties, echoing charges filed days earlier by US antitrust regulators. The company also claimed Qualcomm owes it a billion dollars but is refusing to pay in retaliation for the iPhone maker's cooperating with South Korean antitrust regulators looking into the chipmaker's actions in that country. "For many years Qualcomm has unfairly insisted on charging royalties for technologies they have nothing to do with," Apple said in an email statement.

      AFP
    • Car blast kills two in Libyan capital

      A car exploded Saturday in the Libyan capital near the Italian embassy killing two people who were inside the vehicle, security and medical sources said. It was not immediately clear if the blast was accidental or an attack or whether the Italian embassy, which had reopened less than two weeks ago, was the target. A Red Crescent official in Tripoli said rescue workers pulled two charred and unidentified bodies from the vehicle.

      AFP
    • Grown-up Paris Jackson hits her namesake city for Givenchy

      PARIS (AP) — Colorful fall-winter menswear shows in Paris mixed high culture, androgyny and streetwear, as Paris Jackson, the daughter of the late pop icon Michael Jackson, stepped out for the cameras at Givenchy's library show— fittingly in the City of Light.

      Associated Press
    • Trump tweets criticism over US protests

      President Donald Trump took to Twitter early Sunday to needle the estimated two million people who marched in women-led mass protests against him a day earlier, including celebrities who took part. Celebs hurt cause badly," Trump tweeted. "Peaceful protests are a hallmark of our democracy.

      AFP
    • Trump signs first executive order, targeting Obamacare with few specifics

      President Trump signed his first executive order in his redecorated Oval Office late Friday, targeting Obamacare, as his administration ordered an immediate freeze on new regulations just hours after his inauguration. Seated behind the iconic Resolute Desk, made from the timbers of a British exploration ship in the late 19th century, Trump also signed the commissions for his first two Cabinet nominees to win Senate confirmation: Defense Secretary James Mattis and Homeland Security Secretary John Kelly. Trump was surrounded by senior aides and advisers, including his son-in-law Jared Kushner, Chief of Staff Reince Priebus, Kellyanne Conway, Hope Hicks, National Security Adviser Mike Flynn, Stephen Miller and Marc Short.

      Yahoo News