If you paid attention to the Federal Reserve's monetary decisions last year, you might have been surprised by something: The ...
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
Key takeaways Looking at the past four decades, the average rate on a 30-year fixed mortgage peaked in 1981, rising just ...
Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market.
Rates on 30-year refinance loans dropped another 2 basis points Thursday. That's now a four-day decline of 12 basis points, which has reduced the average to 7.01%—the cheapest level for 30-year refi ...
These illustrated market experiences are quite different than what most folks believe happens when the Fed lowers rates.
Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
Over the quarter, agency mortgage-backed securities posted a negative total return of -316 basis points and underperformed ...
The Fed uses interest rates "like a gas pedal and a brake pedal," Forbes said. Lowering rates stimulates the economy; raising ...
If Donald Trump is worried about trade deficits with Canada he should take a look at today’s chart from National Bank. Sixty per cent of the 35 major American industries in bilateral trade with Canada ...
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...