These are today's mortgage and refinance rates. Mortgage rates fell this week, but where they go next depends on inflation.
I would like to see progress in lowering inflation resume before we make further adjustments” to the main interest rate, Federal Reserve Governor Michelle Bowman said.
The Fed made the right call in hitting pause this week. "I'm not sure that pausing is really all the bad for stocks in the ...
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
While it was created with good intentions 13 years ago, the Federal Open Market Committee’s dot plot does not serve its ...
Rates on 30-year refinance loans dropped another 2 basis points Wednesday, nudging to average down to 7.03%. That's now the cheapest level for 30-year refi rates since Dec. 18. In September, 30-year ...
Perhaps finance companies and dealerships can take solace in the seven-word sentence Federal Reserve chair Jerome Powell said during his opening statement on Wednesday after the Federal Open Market ...
As was expected, the FOMC announced it would hold its federal funds rate target at 4.25-4.5 percent. This ended the ...
Are you wondering what to expect on the personal finance front in 2025? From inflation trends to interest rate projections, here's what experts are predicting. 1. Interest Rates Will Remain ' ...
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
Mortgage experts were expecting the first FOMC meeting under President Trump would have more significance in the long run than short-term, with some wild cards.