Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.
In September, rates plunged to a two-year low, falling as far as 5.89%. But over the following three-plus months, the average surged almost 1.25 percentage points—before recently easing lower.
Are you wondering what to expect on the personal finance front in 2025? From inflation trends to interest rate projections, here's what experts are predicting. 1. Interest Rates Will Remain ' ...
The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at ...
It comes after a sell-off of UK bonds, known as gilts, earlier this month - which resulted in a spike in government borrowing ...
In its first cut of 2025, the Bank of Canada (BoC) lowered its key interest rate by 25 basis points. On Wednesday, the ...
Though Trump could appoint Fed board members whose views on monetary policy align with his own, he can only make new ...
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
Tuesday, to their lowest average in almost six weeks. Rate movement was mixed for other new purchase loan types.
Here’s the Bank of Canada’s official statement for its rate decision: ...
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...