The current average mortgage rate on a 30-year fixed mortgage is 6.9%, compared to 6.83% a week earlier, according to the ...
U.S. CPI report sent traders scrambling to further recalibrate their Fed rate cut expectations. Read more here.
If you look at the biggest industry forecasts, analysts predict that mortgage rates will either hold steady or drop slightly ...
The Federal Reserve in last week’s policy meeting left interest rates unchanged at a 4.25%-4.50% range, and a repeat ...
The Fed’s short-term rates matter, but the main action now is in the 10-year Treasury market, which influences mortgages, ...
Friday's bigger-than-expected drop in retail sales for January has prompted traders to nudge up their expectations for 2025 rate cuts by the Federal Reserve to as many as two. After the retail-sales ...
High CD interest rates may remain high now that inflation's ticking up again. Here's what savers should consider.
Traders in the federal-funds futures market on Wednesday morning pushed back their expectations for the Federal Reserve to cut its benchmark interest rate to the fourth quarter of 2025, after weighing ...
“In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the (Fed) ...
Rewinding further, the 30-year average notched a high 7.37% last spring, so today's rates are significantly improved vs. 10 ...
Wednesday, pushing the average to a two-week high. Rates moved higher for almost every other loan type as well.
The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...