Browsing: rate

Key insight: The Federal Reserve’s move to cut rates was bolstered by growing concern over a softening labor market.Expert quote: “Almost everyone wrote down support for…

As I anticipated (and probably many others too), mortgage rates moved higher after the Fed rate cut this afternoon.Everyone knew the Fed was going to cut…

Key insight: Bank stocks rose Wednesday after the Fed announced plans to cut the federal funds interest rate by one-quarter of a percentage point.What’s at stake:…

Stephen Miran, chairman of the Council of Economic Advisers and US Federal Reserve governor nominee for US President Donald Trump, arrives for a Senate Banking, Housing,…

Federal Reserve Chairman Jerome Powell speaks at Jackson Hole on Aug. 22, 2025 in Wyoming.David A. Grogan | CNBCThe Federal Reserve meets this week with some…

What’s at stake: The Federal Reserve’s interest rate-setting body is expected to cut the federal funds rate by 25 basis points, but markets are also listening…

Mortgage rates had another winning day today on the eve of the big Federal Reserve rate decision.This one was kind of unexpected since there was no…

There’s a saying known as “sell the news,” in which traders position themselves on a well-known rumor, then unwind once the news hits.That rumor could be…

It seems more and more banks and lenders are banking on mortgage rates moving lower in the near future.The latest being a Michigan-based credit union, which…

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