The unexpectedly low mortgage rates of the pandemic era, a fleeting economic silver lining, are unlikely to make a comeback—and for good reason. Economists warn that such rock-bottom rates, while ...
The Federal Reserve lowered interest rates once again this week, and the move has many wondering how this will impact mortgage rates and the larger housing market. Based on the Fed's new decision, ...
Mortgage Research Center. Rates averaged 5.28% for a 15-year financed mortgage and 5.94% for a 20-year financed mortgage.
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...
This story was updated to add new information. WASHINGTON — In the end, the Fed decided to go big. The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ...
WASHINGTON, Dec 18 (Reuters) - The U.S. central bank cut interest rates on Wednesday, as expected, but Federal Reserve Chair Jerome Powell said more reductions in borrowing costs now hinge on further ...