The average long-term mortgage rate rose to 6.16%, mortgage buyer Freddie Mac said Thursday. That’s up slightly from 6.15% ...

Federal Reserve is widely expected to announce its first interest rate cut of 2025 on September 17, lowering the benchmark federal funds rate from the current 4.25%-4 ...

The average rate on a 30-year U.S. mortgage fell to its lowest level of 2025 this week, an encouraging sign for prospective ...

The average 30-year mortgage rate fell to 6.19% from 6.27% last week. Rates are now at their lowest point since October 2024. A year ago, the average long-term rate was 6.54%. Mortgage rates are ...

The U.S. unemployment rate was unchanged at 4.6% in December, the Chicago Federal Reserve estimated on Thursday, a figure ...

The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...

The Federal Reserve lowered interest rates on Wednesday. The September FOMC decision has a ripple effect on many types of consumer loans and savings rates. Here's the breakdown of how the Fed's rate ...

After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...

NEW YORK, Dec 10 (Reuters) - Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, raised the odds on Wednesday that the Federal Reserve will pause its ...