The federal funds rate is the rate at which banks borrow and lend to one another. While the rates consumers pay to borrow ...

US mortgage rates have dropped to 6.17% for the 30-year fixed-rate loan, marking the lowest level since early October 2024 ...

Federal Reserve rate cuts often spark widespread speculation and misunderstanding about their immediate effects on the ...

Sales of previously occupied U.S. homes sank last year to their lowest level in nearly 30 years. Sales have been sluggish ...

The average rate on a 30-year U.S. mortgage fell for the fourth week in a row to its lowest level in more than a year. Lower mortgage rates boost home buyers’ purchasing power. They also benefit ...

Sideways Overall Despite Hawkish Fed Speakers Although there was some mid-day volatility (early buying followed by slower ...

High frequency indicators point to a steady U.S. economy with strong consumer spending and stock market gains. Learn why ...

Ending the program as of Dec. 1 is just another way for Fed officials to ease financial conditions, albeit through different channels than a rate cut would. Changes to the Fed's balance sheet impact ...

For more than two weeks now during the government shutdown, Imelda Avila-Thomas has been trying in vain to get approved for unemployment compensation to help cover essentials such as food and ...

Mortgage rates just fell to the lowest level in a year, below 6.2%. And they could go even lower after the Federal Reserve approved its second straight interest rate cut this week. George Berick share ...

In a new report, LendingTree revealed how the Fed’s cutting rates and other factors are keeping more money in homeowners’ ...

A significant retreat in U.S. mortgage rates has provided a glimmer of opportunity for prospective homebuyers, with the average 30-year fixed loan falling to 6.17% this week, its lowest point in over ...