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The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel ...
Another flurry of tariff announcements could spark volatility in the mortgage market leading up to the Fed's meeting later ...
The average long-term U.S. mortgage rate has risen, marking the end of a five-week downward trend. Despite this increase, ...
The market currently projects an interest rate cut in the fall, though two Fed officials floated the possibility of a rate ...
The Trump administration is considering privatizing Fannie Mae and Freddie Mac to cut federal deficits. First-time buyers and ...
Check out CNET Money's weekly mortgage rate forecast for a more in-depth look at what’s next for Fed rate cuts, labor data and inflation. The average 30-year fixed mortgage interest rate is 6.74 ...
Fannie Mae's latest forecast shows rates staying above 6% through 2026, but there's a silver lining for smart buyers.
Reinstated mortgage insurance premium deductibility and a higher cap on state and local tax deductions could change whether ...
In 2022, for example, mortgage rates increased from around 3% to above 7% within the span of 10 months due to surging inflation and the Fed's aggressive rate hikes. That's a 4% difference in less ...
Mortgage rates will likely stay stubbornly high after Donald Trump’s White House win – despite the Federal Reserve’s interest rate cuts and the president-elect’s ambitious economic promises.
Rates on adjustable-rate mortgages have been higher than fixed rates recently. Last month, the average mortgage rate for a 7/1 ARM was 6.53%, while the average rate for a 5/1 ARM was 6.69% ...
After Trump’s sweeping win on Wednesday, 30-year fixed mortgage rates briefly surged before settling at 6.98% the next day, according to Mortgage News Daily. On Friday, they settled at 6.92%.