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A common misconception is that Fed rate cuts automatically mean lower mortgage rates. However, the Fed does not set mortgage rates. Instead, mortgage rates are influenced far more by longer-term ...
Friday’s jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this ...
Those who braved the housing market in 2024 faced one of the slowest sales years in three decades. Next year is shaping up to ...
JD Vance joins president-elect in voicing support for defense secretary nominee Pete Hegseth as controversy still swirls around former Fox News host ...
The solid jobs report had enough cracks to cause the Fed to want some insurance against economic downside risks by cutting rates. The coming CPI report is significant.
These are today's mortgage and refinance rates. Mortgage rates are down this month, and they should drop further next year as ...
The best CD rates ticked up in one term this week but dipped in two others. Three top offers still pay 5.00% to 5.50%—but act ...
With that in mind, Newsweek asked economists who the biggest winners and losers will be from Trump's tariffs. Here's what they told us. Alan S. Blinder, Gordon S. Rentschler Memorial Professor of ...
High rates can put the brakes on the economy. But inflation -- as measured by the Consumer Price Index (CPI) -- is now ...
Monthly jobs reports by the Bureau of Labor Statistics include unemployment numbers, wage growth, job openings, productivity ...
Fed fund futures trading as of mid-day Friday indicated a nearly 90% chance the central bank would cut by 25 basis points, according to CME FedWatch.