For the vast majority of homeowners, there's currently little financial incentive to refinance their mortgages. So far in 2025, average mortgage rates have remained elevated, consistently hovering ...
Average mortgage refinance rates have been volleying between 6.5% and 7% as fears of both higher inflation and an economic slowdown play tug-of-war with financial markets. Overall, rates are too high ...
Average mortgage refinance rates have been volleying between 6.5% and 7% as fears of both higher inflation and an economic slowdown play tug-of-war with financial markets. Overall, rates are too high ...
What a week! The Federal Reserve cut its benchmark interest rate by 50 basis points on Wednesday, setting up the possibility of two additional cuts by year's end. And while great news for borrowers, ...
Interest rates on fixed-rate mortgages are likely to remain fairly stable in the first three weeks of September. The forecast gets murkier at the end of the month. That's because the Federal Reserve ...
Interest rates take cues from several places. Regularly scheduled economic data is always a consideration because a stronger economy implies more growth and tighter Fed policy, both of which are bad ...
The tension in the Federal Reserve’s mandate has become almost tangible. With concerns about inflation and the jobs market pulling the path of interest rates in opposite directions, the only certainty ...