Homebuyer demand for mortgages jumped 6%, as interest rates fell to lowest level in over a month
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) ...
Powell Addresses Shadow Chair Proposal, Reiterates the Fed Isn’t in a Rush to Cut Rates
The economy is not sending any signals that we need to be in a hurry to lower rates,” Powell said during his most recent ...
Fed’s Daly Says No Sense of Urgency to Lower Interest Rates
Federal Reserve Bank of San Francisco President Mary Daly said there’s no sense of urgency to lower interest rates, ...
House hunters won’t see relief any time soon — mortgage rates set to stay sky high
Mortgage rates will continue to average above 6% next year, and home prices will keep rising, as an economic research team ...
Banks hit credit card users with higher rates in response to regulation that may never arrive
The CFPB says the credit card industry profits off borrowers with low credit scores by charging them onerous penalties.
Trump may renew a housing fight that could rattle mortgage rates
During his second term, President-elect Donald Trump may try to fulfill the longstanding Republican goal of privatizing ...
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College graduation rates are up. We can thank community colleges.
College graduation rates are up — in fact, they’re at the highest point in 12 years. New data from the National Student ...
ECB Shouldn’t Cut Interest Rates Below Neutral, Nagel Says
The European Central Bank can gradually lower its borrowing costs to levels that no longer restrict economic activity but ...
Why Trump’s tariff plans could lead to higher interest rates
President-elect Donald Trump’s promise to impose stiff tariffs against America’s three biggest trading partners is widely ...