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The 30-year fixed-rate mortgage has risen every week since the Fed cut interest rates on Sept. 18, jumping from 6.2 percent to 7 percent in the week that ended on Nov. 7, according to Bankrate data.
Lock in today's best rates in decades on certificates of deposits on a range of CD terms — from 6 months to 5 years. ... Top yields still holding at 4.35% APY after yesterday's Fed decision ...
This is The Takeaway from today's Morning Brief, ... The chart of the day. What we're watching ... The Fed held rates steady at 4.25 to 4.50%, as expected. Read more: Fed rate decision: How it ...
Fed Chair Jerome Powell is taking questions from journalists after the central bank held interest rates steady following three consecutive cuts at the end of 2024.
The Federal Reserve announced a cut to benchmark interest rates yesterday, dropping the Fed rate by 50 basis points to a range of 4.75% to 5.00% — the first time its lowered rates since March 2020.
The CME FedWatch Tool, which measures market expectations for Fed fund rate changes, projects a 97% chance the Fed will cut rates by a quarter percentage point to a range of 4.25% to 4.50% at its ...
The CME FedWatch Tool, which measures market expectations for Fed fund rate changes, projects a 72.5% chance the Fed will cut rates by a quarter percentage point to a range of 4.25% to 4.50% at ...
The Federal Reserve cut interest rates for the first time in more than four years ... The consensus among Fed officials at today’s meeting was that they now see two more 25 basis point cuts this ...