Key Takeaways The Federal Reserve expects to cut its influential federal funds rate at a slower pace in the new year than ...
In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The ...
But with inflation pressures still elevated and with concern that President-elect Donald Trump's policies could fuel ...
The Federal Open Market Committee, which votes on changes in interest rates, includes a rotating cast of presidents from 11 ...
Gold edged lower in light trading on Friday and was poised for a weekly gain, as investors awaited cues on the U.S. economy ...
Some people expected a downturn in 2022 – and again in 2023 and 2024 – due to the Federal Reserve’s hawkish interest-rate decisions. The Fed raised rates rapidly in 2022 and held them high throughout ...
These are today's mortgage and refinance rates. Mortgage rates were supposed to drop in 2025, but sticky inflation has pushed them back up recently.
Count us as two financial economists hoping only certain inflation measures fall slower than expected, and everyone’s ...
Interest rates were only cut twice in 2024 with base rate falling from a high of 5.25 per cent to 4.75 per cent. Will the ...
The USD/TRY exchange rate held steady on Friday morning after the Central Bank of the Republic of Turkey (CBRT) slashed ...
After ebbing slightly at the end of last week, 30-year mortgage rates surged to a five-month high. Rate movement was mixed ...