News

Fed warns that mortgage rates falling hinges on a key economic indicator

Fed chair Powell's 'wait and see' approach to interest rates has drawn criticism from the Trump administration, which insists ...

Fed expected to keep rates unchanged as it sifts through mixed economic data

The U.S. central bank, to President Donald Trump's chagrin, will likely leave interest rates unchanged at a policy meeting ...
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Economic uncertainty is keeping mortgage rates high

The Federal Reserve has stayed the course, stalling rate cuts as they wait to see the impact of President Donald Trump’s ...

Federal Reserve likely to hold interest rates steady despite pressure from Trump. Here's what that means for your money

The Fed’s decision on interest rates affects many types of consumer borrowing costs, from credit cards and mortgages to auto ...

Fed Rate Cuts May Be On The Horizon-But Don't Expect Immediate Relief When They Come

Longer-term interest rates do not always decrease when the Fed cuts short-term rates. Following the Fed's cuts last year, ...

Trump says cutting interest rates will make homebuying cheaper. It's not that simple

President Trump argues that the Federal Reserve should cut interest rates to make buying a house cheaper. Former Labor Secretary Robert Reich warns that could backfire.

Average long-term US mortgage rate eases to 6.74%, keeping home loan borrowing costs elevated

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also eased. The ...

The paradox at the heart of Trump's Fed campaign isn't just long-term yields but also mortgage spreads

Alex Manzara at R.J. O'Brien makes the point that even if the Trump administration is successful in getting a more pliant Fed ...