highest levels

WASHINGTON | Mortgage rates leap to 7-year highs; 30-year at 4.90 percent

WASHINGTON — Long-term U.S. mortgage rates leaped this week to their highest levels in seven years amid global anxiety over rising interest rates that has gripped financial markets. Costs for would-be homebuyers are climbing. Mortgage buyer Freddie Mac said Thursday the rate on 30-year, fixed-rate mortgages jumped to an average 4.90 percent this week from … Continue reading WASHINGTON | Mortgage rates leap to 7-year highs; 30-year at 4.90 percent

VATICAN CITY | Vatican: Pope expected to meet with abuse victims in Ireland

VATICAN CITY — The Vatican said Tuesday that Pope Francis is expected to meet with victims of sexual abuse during his weekend visit to Ireland and speak out about the problem. Spokesman Greg Burke effectively confirmed the meeting during a briefing Tuesday. He said Francis always meets with victims when he visits countries where abuse … Continue reading VATICAN CITY | Vatican: Pope expected to meet with abuse victims in Ireland

NEW YORK | US stocks keep climbing as banks and technology firms lead

NEW YORK  — U.S. stocks are rising again Tuesday as strong company earnings lift the market. The benchmark S&P 500 index is up for the fourth day in a row and fifth out of the last six. Technology companies and banks are making some of the largest gains. Overseas markets are also higher. KEEPING SCORE: … Continue reading NEW YORK | US stocks keep climbing as banks and technology firms lead

WASHINGTON | Average US mortgage rates edge up; 30-year at 4.54 percent

WASHINGTON— Long-term U.S. mortgage rates edged up slightly this week, reaching their highest levels since late June. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages rose to 4.54 percent from 4.52 percent last week. Long-term loan rates have been running at their highest levels in seven years. The average benchmark 30-year … Continue reading WASHINGTON | Average US mortgage rates edge up; 30-year at 4.54 percent