The Mortgage Bankers Association currently predicts the average 30-year rate to finish out 2024 at 6.5% and 2025 at 5.9%, ...
Today’s interest rate for a 15-year fixed-rate mortgage is 5.125%, which is unchanged from yesterday. The monthly payment for ...
Past proposals for higher caps haven’t gained traction.
U.S. Treasury yields rose after the Fed cut short-term rates.
The yen strengthened against the U.S. dollar and other G-10 and Asian currencies amid a nervous mood ahead of the FOMC and BOJ decisions this week.
I'm J.R. Whalen for the Wall Street Journal. The Federal Reserve voted to lower interest rates by a half percentage ... on your smart speaker or listen and subscribe wherever you get your podcasts.
Industrials push above 42000 in delayed response to Fed lowering rates; tech shares and risky assets rise.
Sales of previously owned homes fell 2.5% from the prior month, as a recent drop in mortgage rates failed to offset home ...
The Fed’s cut won’t be immediately felt by everyone, but for some it is the start of a big change.
The Federal Reserve kicked off its easing campaign with a bang Wednesday, cutting rates by 0.5 percentage point, or 50 basis points, to a range of 4.75% to 5%. Quarterly projections showed a narrow ma ...
Gold futures climbed to new record highs after the Fed rate cut.
Jerome Powell says the economy is strong but still cuts rates by 50 basis points.