News

Mortgage Interest Rates Today: Mortgage Rates Drop Ahead of Independence Day Weekend
The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.
Bessent: Trump Using "Bobby Knight... Working The Refs" Strategy On Fed/Interest Rates
Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...
Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants
Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the ...
Federal Reserve holding interest rates steady delays relief for consumers this summer
Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest ...
Trump tariffs have delayed interest rate cuts, Federal Reserve Chair Jerome Powell says
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
The Fed's Interest Rate Cuts Foreshadowed the Recent Stock Market Correction. Here's What Might Happen Next.
Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...
USA Today1y
Fed raises interest rates again, leaves another hike on table - USA TODAY
The Fed raised its key interest rate by a quarter point, opened the door to another hike. Inflation has eased but officials worry it could spike again. $3,500 iPhone possible?
NPR2y
The Fed has been raising interest rates — so why are savings interest rates low? - NPR
When the Federal Reserve hikes interest rates, the interest rate on your savings account usually follows in step. But recently, that logic hasn't held up.
Rolling Out1d
What interest rate hikes do to your mortgage payment
Interest rate increases hit homeowners where it hurts most – their monthly budget. While Federal Reserve decisions might seem ...