Mortgage rates are increasing in recent weeks despite the Federal Reserve's decision to cut interest rates last month for the first time in four years.
The Fed announced first rate cut in a long time last month, but the mortgage rates have continued to rise. Why is this?
With the Fed cutting rates again, home prices are unlikely to remain the same. Here's what some experts are predicting.
The Federal Reserve's jumbo-sized rate cut in September came too late to have much of an effect on banks' third-quarter ...
In September 2024, Jerome Powell announced the first Federal Funds Rate cut in over four years. The Federal Funds Rate is a ...
When the Fed raises the target rate, banks increase their rates too, making credit more expensive and savings accounts more lucrative. Lowered rates, on the other hand, have the opposite effect.
Mortgage rates dropped before the Fed’s last meeting, and have risen more than 50 basis points since. If you’re wondering why ...
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of ...
Some” participants, however, supported only a quarter-point cut, while “a few others indicated they could have supported such ...
Contingency planning for possibility of rising inflation and interest rates will help businesses respond to changes fast and ...
The consumer price index highlighted moderating inflation for a sixth straight month but it slowed less than expected ...
An icon in the shape of a lightning bolt. Impact Link The Federal Reserve's jumbo interest-rate cut in mid-September was welcome news to prospective homebuyers, with the expectation that a lower ...