A common refrain around the Federal Reserve in recent months has been the notion that interest rates will remain "higher for longer." Meaning tha...
Tag: Interest Rates
NEW YORK (AP) — Stocks are slipping Tuesday as Wall Street waits for the Federal Reserve’s latest decision on interest rates. The S&P 500 was...
Over the past year and half, the Fed has gradually increased interest rates by about 5%. While the hikes have helped to cool inflation, they've a...
Mortgage rates again stayed above 7% this week after core inflation in August came in higher than expected. The average rate on the 30-year fixed...
Rising mortgage rates can make it more costly to own a home. This isn’t the best news for homebuyers. In fact, a 1% rate increase can cost an add...
The consensus, don't buy a house just yet. That's what a record share of Americans still thought about the housing market in August, with 82% say...
More homebuyers were intent on securing a previously owned home last month, even as mortgage rates continued to rise and inventory problems persi...
Housing activity in the resale market hasn't been this bad for over a decade. Sales of previously owned homes dropped 2.2% in July from the month...
The 10-year Treasury yield is firmly above 4% in August, helping to stall the stock market's strong 2023 rally. But with the end of rate hikes in...
The Federal Reserve announced that it’s raising interest rates by 0.25 percentage point, following its July 25-26 meeting, boosting the federal f...