The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...

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 ...

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

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 ...

Morgan Stanley joined Barclays and Macquarie in forecasting a single 25 basis point interest rate cut by the U.S. Federal ...

The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...

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

The Fed's projections point to two more rate cuts ... which is why it was cutting the federal funds rate (the overnight interest rate it charges banks) at the end of 2024. However, there are ...

Recent projections from Fed officials suggest ... The Federal Reserve influences mortgage rates by setting the federal funds rate, which impacts borrowing costs, investor activity, and market ...

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 ...