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SDGE has implemented some of the highest rates for electricity in the United States. The California Public Utilities Commission (CPUC) recently adopted a decision on Sempra's General Rate Case that authorizes SDGE to raise rates amounting to a 7.5% increase over 2023 rates. [36]
The increase, while modest, ... 2025. The fixed rate for a 15-year mortgage is 6.09%, down 4 basis points from last week's average 6.05%. These figures are higher than a year ago, when rates ...
At the conclusion of its first rate-setting policy meeting of the year, on January 29, 2025, the Federal Reserve announced it was leaving the federal funds target interest rate at 4.25% to 4.50% ...
Leon Turkin,a mortgage broker, financial expert and CEO at Turkin Mortgage, warned that this will likely mean “an overall increase in the energies’ prices, especially electricity and gas.”
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
Then, as inflation stayed steady, the Federal Reserve lowered the federal funds rate by a whole percentage point in 2024. Then, inflation started to rise, and Wall Street said only two cuts in 2025.
New data from Freddie Mac shows the benchmark 30-year fixed-rate mortgage trending at its highest levels since July as of Friday, January 3, 2025, while average rates drift lower to end a week of ...
Average mortgage rates tick lower as of Thursday, February 6, 2025, with the 30-year fixed benchmark continuing to hover just under 7.00%. The market is keeping an eye on tomorrow's jobs report ...