Browsing: rates

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Chair of the US Federal Reserve Jerome Powell speaks during a news conference following the July 29-30 Federal Open Market Committee (FOMC) meeting in Washington, DC…

While Jerome Powell made it known he wouldn’t be bullied into lowering rates, he indicated that deteriorating economic data may warrant cuts regardless.During a speech at…

Historically, Fed rate cuts (and hikes) tend to impact things like the rate on high-yield savings accounts relatively quickly, but some institutions may move faster than…

I got to thinking the other day that absent bad jobs numbers, it will be difficult for mortgage rates to move much lower anytime soon.Arguably, they…

You may have heard that Warren Buffett’s Berkshire Hathaway bought shares in a pair of home builders last quarter.The company released its latest 13-F yesterday, revealing…

If you’re hoping for lower mortgage rates, you might be thrilled to hear what Treasury Secretary Scott Bessent has to say.During a television interview today, he…

Mortgage rates fell to their lowest levels since March because job growth has been surprisingly weak this summer.The 30-year fixed-rate mortgage averaged 6.7% in the week…

Star Icon Keep in mind: Choose a bank that is insured by the Federal Deposit Insurance Corp. (FDIC) or a credit union that is insured by…

You don’t hear about a mortgage lender having a sale very often.But Chase is bucking the trend by offering discounted mortgage rates this month.The limited-time mortgage…