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  2. Mortgage and refinance rates for Dec. 24, 2024: Average ... - AOL

    www.aol.com/finance/mortgage-and-refinance-rates...

    See today's average mortgage rates for a 30-year fixed ... than economists' expectations and a dramatic increase from October's revised gain of 36,000 jobs. ... 2024. Consumer Price Index Summary ...

  3. Mortgage and refinance rates for Nov. 21, 2024: Average rates ...

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    See today's average mortgage rates for a 30-year fixed mortgage, ... keeping a Fed rate cut on the table for December. ... 2024. Consumer Price Index Summary, U.S. Bureau of Labor and Statistics ...

  4. Mortgage and refinance rates for Dec. 26, 2024: Rates for 30 ...

    www.aol.com/finance/mortgage-and-refinance-rates...

    See today's average mortgage rates for a 30-year fixed ... than economists' expectations and a dramatic increase from October's revised gain of 36,000 jobs. ... 2024. Consumer Price Index Summary ...

  5. United States Consumer Price Index - Wikipedia

    en.wikipedia.org/wiki/United_States_Consumer...

    The Consumer Price Index was initiated during World War I, when rapid increases in prices, particularly in shipbuilding centers, made an index essential for calculating cost-of-living adjustments in wages. To provide appropriate weighting patterns for the index, it reflected the relative importance of goods and services purchased in 92 ...

  6. History of Federal Open Market Committee actions - Wikipedia

    en.wikipedia.org/wiki/History_of_Federal_Open...

    Paul Volcker was chosen as Fed Chairman in 1979 in order to deal with the challenge of high inflation. In a rare Saturday press conference on October 6, 1979, [6] Paul Volcker's federal reserve increased the Fed Funds rate from 11% to 12%. [7] The event was known as the "Saturday Night Massacre" because of its effect on US bond prices.

  7. Mortgage and refinance rates for Dec. 23, 2024: Holiday week ...

    www.aol.com/finance/mortgage-and-refinance-rates...

    See today's average mortgage rates for a 30-year fixed ... than economists' expectations and a dramatic increase from October's revised gain of 36,000 jobs. ... 2024. Consumer Price Index Summary ...

  8. Refinance rates for Thursday, December 12, 2024 - AOL

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    See today's average mortgage rates for a 30-year ... following yesterday's release of November's consumer price index report showing a 0.3% increase in inflation. ... 2024. Consumer Price Index ...

  9. Inflation-indexed bond - Wikipedia

    en.wikipedia.org/wiki/Inflation-indexed_bond

    If the inflation index increased by 10%, the principal of the bond would increase to 110 units. The coupon rate would remain at 5%, resulting in an interest payment of 110 x 5% = 5.5 units. For other bonds, such as the Series I United States Savings Bonds , the interest rate is adjusted according to inflation.