Thinking about taking out a mortgage loan? Current mortgage rates fall to 6.88% for 30-year terms, while 15-year terms ...

The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...

The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.

Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...

After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...

"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.

The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...

The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.

The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them ...

The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.25% for a 15-year fixed-rate mortgage ...

the average mortgage rate is sitting at 6.89% — significantly lower than the above-8% rates we saw in late 2023. But with ...

Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) ...