Last month, the Federal Open Market Committee said it would maintain the federal funds rate at its current range of 4.25% to ...

Things aren‘t going as planned. Inflation just rose to an 18-month high, and the Fed has stopped saying that it‘s making ...

If you look at the biggest industry forecasts, analysts predict that mortgage rates will either hold steady or drop slightly ...

CD rates tend to track the federal funds rate. When the fed rate goes down, CD rates decline, and vice versa. The Federal Reserve held the federal funds rate steady for nearly a year but made its ...

The federal funds rate is the overnight borrowing rate ... Fannie Mae revised its mortgage rate forecast for 2024, now forecasting the 30-year fixed mortgage rate to average 6.6% in the final ...

Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...

These are today's mortgage and refinance rates. Mortgage rates rose earlier this week, but they're back down today.

These are today's mortgage and refinance rates. Higher-than-expected inflation in January has pushed mortgage rates up this ...

Based on persistent pricing pressures at both the consumer and producer levels, we are adjusting our outlook for Federal Reserve activity in 2025. We now look for two rate cuts in the second half of ...

Wednesday, pushing the average to a two-week high. Rates moved higher for almost every other loan type as well.

Strong economic data tends to drive up bond yields, which translates to higher mortgage rates. Everyone is watching how this new data will influence the Federal Reserve's interest rate decisions ...