After implementing three rate cuts in late 2024, the central bank has opted to keep its benchmark federal funds rate steady ...
If you paid attention to the Federal Reserve's monetary decisions last year, you might have been surprised by something: The ...
Thursday, keeping the average near its lowest level since mid-December. Rates for some refi loan types saw bigger increases.
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
Rates on 30-year mortgages ticked up a minimal 1 basis point for a third consecutive day Tuesday, after a large drop last week. The flagship average now sits at 6.86%, just barely above the cheapest ...
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
The mortgage rate environment is influenced by multiple complex factors beyond just Fed policy, so while the central bank's decisions play an important role, borrowers should also keep a close eye ...