Trusted News Discovery Since 2008
{{/content}}
Weekly jobless claims rise and mortgage rates drop as economic recovery remains in flux
Video Credit: Rumble
Published on August 11, 2022 - Duration: 03:18s
Weekly jobless claims rise and mortgage rates drop as economic recovery remains in flux
First-time unemployment claims rose the last week of July ahead of the monthly jobs report being released Friday.
Despite interest rate hikes and inflation fears, a new survey shows mortgage rates are dropping.
The 30-year fixed rate dropped below 5%.
CBS News business analyst Jill Schlesinger explains all that means for the state of the economy.
You are here
Related videos from verified sources
How a US Recession Could Be Great News for Investors 01:31
Video credit: Wibbitz Top Stories - Published on August 2, 2022