Interest rates are driven by the bond market and bonds are at their best levels in over a month. As such, it's no surprise that mortgage rates are able to make a similar claim. In fact ...

Mortgage rates are down slightly following the Federal Reserve's announcement on Wednesday that it will hold the federal funds rate steady for now. The 10-year Treasury yield, which influences ...

Mortgage rates increased for the fourth straight week, inching closer to 7% The average 30-year mortgage rate was 6.93% in the week through Wednesday, according to Freddie Mac data, up from 6.91% ...

The Federal Reserve held interest rates steady Wednesday after price increases ticked up over the past three months, suggesting inflation may still have some life in it. Central bankers held rates ...

At the heart of this decision lies a crucial number: the mortgage interest rate. This seemingly simple percentage plays a large part in whether your monthly mortgage payment is affordable or ...

Closing out the year on a positive note, mortgage rates fell by a full percentage point after the Federal Reserve delivered three consecutive rate cuts. The moves dropped the federal funds rate ...

How embarrassing would it be for the Federal Reserve to raise rates this year? Could it admit that its aggressive rate reductions last year, including a cut as recently as last month, were a ...

Wall Street thought the Fed was done lowering interest rates — at least for now. The Jan. 29 announcement of a "pause" proved the money runners were right. "We're not doing anything," the Fed ...

Mortgage rates rose to the highest levels since May 2024 by the end of last week following a stronger reading on the jobs report. Technically, the same thing happened today, but only because rates ...

Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates. By Colby Smith Reporting from Washington At the ...

Mortgage rates rose above 7% for the first time since mid-2024, an early setback for a housing market that is coming off two consecutive years of poor sales. The average rate on the standard 30 ...