News

Mortgage Interest Rates Today: Mortgage Rates Drop Ahead of Independence Day Weekend
The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.
Bessent: Trump Using "Bobby Knight... Working The Refs" Strategy On Fed/Interest Rates
Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...
Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants
Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the ...
Fed Chair Powell confirms tariff concerns prevented interest rate cuts so far this year
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...
Federal Reserve holding interest rates steady delays relief for consumers this summer
Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest ...
The Fed's Interest Rate Cuts Foreshadowed the Recent Stock Market Correction. Here's What Might Happen Next.
Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...
Rolling Out1d
What interest rate hikes do to your mortgage payment
Interest rate increases hit homeowners where it hurts most – their monthly budget. While Federal Reserve decisions might seem ...
Atlanta Fed's Bostic warns tariff impacts could cause prolonged inflation
Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause ...