Browsing: rates

File this one under unintended consequences of a global trade war.When you start a trade war, or at least threaten one, unexpected things can happen.We already…

Ally money market account rates Source link

A couple weeks ago, I wrote about how mortgage rates hadn’t really done much since the U.S. presidential election took place.By not doing much, I meant…

The Federal Reserve Building in Washington, D.C.Joshua Roberts | ReutersThe Federal Reserve announced Wednesday it will leave interest rates unchanged as President Donald Trump’s tariff policies weigh on economic growth.Although inflation receded…

WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later…

Lately, mortgage rates have been pretty flat.They enjoyed a nice string of six or seven weeks where they tumbled down from around 7.25% to 6.75% before…

I remember when I wrote my mortgage myths post, I pointed out that mortgages aren’t mostly interest.But I did so when mortgage rates were near record…

The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite some encouraging news on inflation. Although inflation receded last month, an escalating…

Yesterday, I wrote about how the uncertainty surrounding tariffs was hurting mortgage rates.In short, the market doesn’t know what to make of the tariffs given the…

It’s clear that the trade war is now the biggest driver of mortgage rates today.Prior to the arrival of tariffs and a wider trade war, inflation…