The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according to Freddie Mac. The Fed's latest rate cut, which was universally expected and thus fully priced in to bond markets, is unlikely to bring relief to mortgage rates in the near term.
His victory poses new uncertainties for the U.S. central bank as it continues to consider interest rate cuts now that ...
Highlighting the weak background in China, data out over the weekend showed consumer prices rose at the slowest pace in four ...
President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was ...
The 26-year-old mother of one has been trying for seven years to split from her husband, who refuses to grant her a religious ...
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Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slowAfter a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
Minneapolis Federal Reserve President Neel Kashkari said Sunday that President-elect Trump's planned mass deportations of ...
The Federal Reserve cut rates twice in a row, bringing bank account rates down. See how high-yield checking account rates are ...
The S&P 500 on Monday ended above 6,000 and the Dow Jones Industrial Average crossed 44,000, with both indexes picking up ...
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