Mortgage rates fell for a fifth consecutive week, hitting the lowest level since December but remaining elevated near 7%. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday ...
If you pay attention to financial news, you may have heard the term “prime rate” and wondered what it meant. You might have even confused it with the federal funds rate or your loan’s ...
After implementing three rate cuts in late 2024, the central bank has opted to keep its benchmark federal funds rate steady at 4.25% to 4.50%. The pause comes as inflation showed signs of stubborn ...
The vacancy rate among retail spaces nationwide is 4.1%, according to a new report out Thursday morning from the commercial real estate firm JLL. That’s near a historic low for the retail sector ...
OpenAI’s big rebranding effort brings a new logo and a new typeface, OpenAI sans. OpenAI’s big rebranding effort brings a new logo and a new typeface, OpenAI sans. Emma Roth is a news writer ...
Commissions do not affect our editors' opinions or evaluations. After climbing for the past couple of years, CD rates have been slowly declining in 2024. CD rates tend to track the federal funds rate.
The Super Bowl logo has become more of a talking point among NFL fans over the last few seasons. Part of the reason for that is a conspiracy theory that the colors of the Super Bowl logo determine ...
Forbes Advisor ranked multiple top lenders with a focus on their interest rates. Connexus Credit Union landed our highest score based on its competitive rates (including a low introductory rate ...
Mortgage rates didn’t move last week, but demand for new home loans continued to weaken. Both homebuyers and current homeowners are hampered by today’s higher interest rates. Total mortgage ...
The Federal Reserve held interest rates steady Wednesday after price increases ticked up over the past three months, suggesting inflation may still have some life in it. Central bankers held rates ...
Interest rates are driven by the bond market and bonds are at their best levels in over a month. As such, it's no surprise that mortgage rates are able to make a similar claim. In fact ...
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is hit the pause button on additional rate cuts at its Jan. 29 meeting.
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