Economic Indicators

Gas prices drop ahead of 4th of July weekend

The national price for a gallon of gas was $3.54 for the week ending June 29, a four-cent drop from last week, AAA reported. Those traveling this 4th of July weekend may see lower gas prices across the country.

Mortgage rates ease for third straight week

The rate on the 30-year fixed mortgage fell to 6.67% this week from 6.69% a year ago, according to the latest data from Freddie Mac. One year ago, it averaged 5.81%.

Mortgage rates continue to come down

Mortgage rates have declined slightly but remain high over pessimism that the Federal Reserve still has a ways to go with inflation. The 15-year rate climbed to 6.10%