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Economy

Summary Box: US consumer spending slowed in March

SPENDING GROWTH SLOWS: Americans increased their spending more slowly in March. U.S. consumer spending rose 0.3 percent, one-third of the 0.9 percent February gain.

INCOME RISES: Income grew 0.4 percent in March. But after-tax income when adjusted for inflation increased just 0.2 percent following two months of declines.

OUTLOOK: Economists are worried that consumer spending, which accounts for 70 percent of economic activity, could slow in coming months unless income gains accelerate.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 3.83% dw 3.90%  
15 Y Fixed Graph 2.96% dw 3.00%  
30 Y Fixed Jumbo Graph 4.26% up 4.22%  
5/1 ARM Graph 3.11% dw 3.22%  
5/1 Jumbo ARM Graph 3.44% dw 3.87%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.38% -- 4.38%  
$50K HELOC Graph 4.06% -- 4.06%  
$30K Loan Graph 4.54% dw 4.55%  
$50K Loan Graph 4.20% -- 4.20%  
$75K Loan Graph 4.20% -- 4.20%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 3.08% -- 3.08%  
36 M Used Graph 3.29% dw 3.30%  
48 M New Graph 3.06% -- 3.06%  
48 M Used Graph 2.96% up 2.87%  
60 M New Graph 3.13% dw 3.14%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.37% up 0.36%  
1 yr Graph 0.61% up 0.60%  
5 yr Graph 1.48% -- 1.48%