Federal Reserve Bank of Kansas City President Jeff Schmid on Wednesday sounded a note of caution about how much more the US ...
Schmid said the Fed's decision last week to cut interest rates by 25 basis points reflected their confidence that both the ...
Michael Reid, the US Economist at RBC Capital Markets, says the Fed is still on track for a rate cut in December.
Despite the increase in rates, some home buyers were returning to the market, according to the Mortgage Bankers Association.
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according ...
The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and ...
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It ...
The Fed lowered rates by 25 basis points to a 20-month low, but economists say tariffs may throw a wrench in the rate cutting ...
On Thursday, at the end of its November meeting, the Fed announced a reduction of 0.25 percentage points in the federal funds ...
The Federal Reserve issued another cut to the federal funds rate this week. Here's what it could mean for HELOC rates.