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The current average interest rate for a 30-year fixed mortgage is 7.05% for purchase and 7.04% for refinance, down 6 basis points from 7.11% for purchase and 6 basis points from 7.10% for ...
Based on September's dot plot, rates will continue to drop in 2025. The median projections had interest rates coming down by 1 percentage point in 2024, 1 percentage point in 2025, and half a ...
The current average interest rate for a 30-year fixed mortgage is 6.99% for purchase and 6.95% for refinance, down 6 basis points from 7.05% for purchase and 9 basis points from 7.04% for ...
These events are outlined in the economic calendar. For example, the European Central Bank (ECB) meets every month to discuss monetary policy and determine the appropriate interest rate. The ECB's Governing Council announces the interest rate decision after the meetings.
(COLORADO SPRINGS) — In this week’s economic update, interest rates dropped again this week, but how will this impact our economy in 2025? Director of Data-Driven Economic Strategies (DDES ...
Federal Reserve governor Chris Waller said Wednesday that he still supports cutting interest rates this ... a peak of 7.2% in June 2022 but still above the Fed’s 2% goal. ... to cut our policy ...
At the conclusion of its first rate-setting policy meeting of 2025 on January 29, 2025, the Federal Reserve announced it was leaving the federal funds target interest rate at 4.25% to 4.50%, this ...
Governors of the Reserve Bank of Australia: 1 H. C. Coombs: January 1960 July 1968 [9] [14] 2 Sir John Phillips: KBE: July 1968 July 1975 [9] [15] 3 Sir Harold Knight: KBE, DSC: July 1975 August 1982 [9] 4 Bob Johnston: AC: August 1982 July 1989 [9] 5 Bernie Fraser: September 1989 September 1996 [9] 6 Ian Macfarlane: AC: September 1996 ...