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"Mortgage interest rates went down before the Fed cut rates in September but went up after," says Ali Wolf, chief economist ...
The rate on a 30-year fixed refinance dropped to 6.41% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.36%, and for 20-year mortgages, ...
The rate on a 30-year fixed refinance declined to 6.32% today, according to the Mortgage Research Center. Rates averaged 5.32% for a 15-year financed mortgage and 6.02% for a 20-year financed mortgage ...
Would-be home-buyers have been stymied by the higher level of mortgage rates, but this headwind may abate, depending upon who ends up running the Fed and how the bond markets react to that change.
WASHINGTON, DC - JUNE 18: Federal Reserve Board Chairman Jerome Powell holds a news conference following a Federal Open Market Committee meeting on June 18, 2025 in Washington, DC. Despite President ...
After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...
Investors’ expectations of lower interest rates were reflected in the major stock indexes and lower government bond yields. Data delayed at least 15 minutes Source: FactSet By The New York Times By ...
In March 2022, the Federal Reserve began aggressively raising interest rates, a trend that lasted until mid-2023. Rates reached a high-water mark of 5.25% to 5.5%. In late 2024, the rates began to ...
HONOLULU (KHON2) — With news about interest rates rising and falling, it’s common to feel confused about what that could mean for the average person and their everyday life. While there’s a bit of ...
Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor (CRPC), Retirement Income Certified Professional (RICP), and a Chartered Socially Responsible Investing ...