Browsing: rates

Fed holds interest rates steady, resisting pressure from Trump Source link

Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their decisions Friday, both indicating that the central bank…

July Fed Meeting Recap: FOMC keeps rates steady, while Powell says a September cut is uncertain Source link

Welp, just like that it appears mortgage rates are moving back down toward 6.50%, possibly lower.And you can thank a super weak labor market for that,…

WASHINGTON – A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, despite a barrage of criticism from President Donald Trump and…

Weekly mortgage rates stayed basically unchanged this week. The average 30-year fixed-rate mortgage rose one basis point to 6.85% in the week ending July 30, according…

The trickle down from the Fed’s benchmark interest rate appears most obvious in credit cards, although by the numbers it’s a very slight change. The average…

Learn more: Bankrate’s guide to inflation Source link

Ahead of next week’s Federal Reserve meeting, relations between President Donald Trump and Fed Chair Jerome Powell have hit a low.”Families are being hurt because Interest Rates are too…

While it’s a difficult concept to wrap one’s head around, it is possible to see lower mortgage rates and slowing home price appreciation.Most people tend to…