If you look at the biggest industry forecasts, analysts predict that mortgage rates will either hold steady or drop slightly ...
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...
Based on persistent pricing pressures at both the consumer and producer levels, we are adjusting our outlook for Federal Reserve activity in 2025. We now look for two rate cuts in the second half of ...
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for ...
Morgan Stanley joined Barclays and Macquarie in forecasting a single 25 basis point interest rate cut by the U.S. Federal ...
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
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 refinance loans dropped 8 basis points Thursday, reducing the average to the notable 7.00% mark. Last week, ...
The Fed's projections point to two more rate cuts ... which is why it was cutting the federal funds rate (the overnight interest rate it charges banks) at the end of 2024. However, there are ...
The federal funds rate is the overnight borrowing rate ... Fannie Mae revised its mortgage rate forecast for 2024, now forecasting the 30-year fixed mortgage rate to average 6.6% in the final ...
With less restrictive monetary policy and a continued strong economy, the Federal Reserve will not rush to further reduce ...
The Fed also slashed the federal funds rate to a historic low of almost 0 ... the Fed releases a report called the Summary of Economic Projections (SEP). It tells the public where each member ...