The Federal Reserve’s Open Market Committee (FOMC) did the expected, cutting the federal funds rate by  0.25%. That means the ...

A lot of people expect mortgage rates to fall when the Fed cuts its benchmark rate. But that's not really how the ...

The Fed is expected to cut rates for a second straight month but by a smaller amount. How and when consumers may feel the ...

“Consumers who wait [to open an account] will most likely end up with lower CD rates in the future.” How mortgage rates are ...

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

ANZ Group Holdings Ltd.’s profit missed estimates as Chief Executive Officer Shayne Elliott said competition in the mortgage ...

The Federal Reserve's latest interest-rate cut adds to an easing cycle that should put more mortgages in refinancing territory, according to Fitch Ratings. While the bulk of outstanding U.S. home loan ...

A real estate group's analysis says President-elect Trump's agenda could yield mixed results for the housing market.

Consumers could see lower interest rates, he said, over the next six months. Even so, mortgage rates could remain high. The 30-year fixed rate mortgage averaged 6.79% on Thursday, according to the ...

The Federal Reserve has cut short-term interest rates by 25 basis points. Nevertheless, mortgage rates went up again. The average rate on the 30-year fixed-rate mortgage climbed 11 basis points in the ...

The Federal Reserve doesn't directly set mortgage rates, but it influences them by making changes to the federal funds rate, ...

The Federal Reserve reduced interest rates on Thursday, but experts say rates on home loans won't fall by the same amount.