The average rate on a 30-year mortgage in the U.S. edged higher this week, ending a seven-week slide that helped ease ...
Now, with the Fed in a holding pattern, mortgage rates seem untethered from central bank policy. For example, in mid-September 2024, the average rate on 30-year loans was 6.2 percent, according ...
The 30-year fixed-rate mortgage averaged 6.62% in the week ending March 13, up 11 basis points from the previous week. A ...
Plus, borrowers may soon see some relief if the Fed decides to pause rate hikes following its July rate increase. "Over the past two years, as the Fed has increased interest rates, borrowing ...
Jerome H. Powell says the Fed is focused on separating “signal from the noise,” as the president whipsaws on tariffs.
Chair Jerome Powell says in written remarks that the Federal Reserve is likely to keep its key interest rate unchanged in the ...
“Today’s inflation report might appear to further open the door for future Fed easing, but lower airline fares, a volatile component, largely drove the better-than-expected results,” said Ronald ...
Commissions do not affect our editors' opinions or evaluations. The federal funds rate is one of the Federal Reserve’s key tools for guiding U.S. monetary policy. It impacts everything from the ...
Lower mortgage rates are good for housing affordability, but the reason behind the recent dip — a weakening economic outlook ...