President Trump argues the Federal Reserve should cut interest rates to make buying a house cheaper. Former Labor Secretary Robert Reich warns that could backfire.

Trump is fed up with Powell, but experts say Americans seeking cheaper interest rates and lower prices shouldn’t be rooting for the Fed chair to be forced into an early exit.

The average interest rate for a standard 30-year fixed mortgage is 6.82% today, down -0.08% over the last week. The average rate for a 15-year fixed mortgage is 6.03%, which is a decrease of -0.11 ...

When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, ...

The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.

The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.

Economists were hoping for a 2025 turnaround in the housing market, and home buyers could still get some relief if mortgage ...

Homeownership is often seen as a cornerstone of the American Dream. But for some who bought in recent years, it’s become a costly source of stress.

The governor of the Bank of England has hinted at a cut in rates thanks to the government’s decision to tax jobs. James Moore ...

The average rate on 30-year fixed home loans decreased to 6.81% for the week ending April 24, down from 6.83% the previous week, according to Freddie Mac.Rates averaged 7.17% the same week in 2024.

Rates for home loans fell to the lowest since April that week, with the popular 30-year fixed-rate mortgage averaging 6.79% nationwide. Refinance applications were a whopping 40% higher than a ...