Why are mortgage rates still so high? There’s something more important than Fed policy at work
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
Fed holds interest rates steady, defying pressure from Trump
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central ...
Mortgage demand drops further, even as interest rates settle
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained ...
Sick of high credit card interest rates? Time to learn how the Federal Reserve impacts your credit card APR
Fed policy decisions directly impact your wallet, including the interest rates on your credit cards. We’ll tell you how.
Stock Market Today: Dow, S&P 500, Nasdaq down, bond yields rise as Fed leaves rates unchanged; earnings from Microsoft, Meta and Tesla loom
Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results ...
Trump slams Fed after decision to hold interest rates steady
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
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New York ranks 29th in unemployment rate report
New York State has shown notable improvements in unemployment metrics, ranking 29th in WalletHub’s latest report analyzing ...
Powell takes wait and see approach on interest rates — drawing angry response from Trump
There is so much uncertainty over potential tariffs and fiscal policy that “keeping things steady looks like the prudent move ...