Real-estate platform Realtor.com expects the 30-year mortgage rate to average 6.3% in 2025, and fall to 6.2% by the end of 2025, according to a forecast released Wednesday.
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 ...
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 ...
The soaring inflation from the pandemic is now in the rearview mirror, so the Federal Reserve is reversing its interest rate hikes from 2022 and 2023. Lower rates could boost consumer spending, which ...
Thomas Simons, U.S. economist at Jefferies, wrote in a commentary that the recovery from October’s strikes and hurricanes ...
The Financial Stability Oversight Council identified artificial intelligence, cybersecurity, digital assets, and certain ...
"I believe CDs will still be a worthwhile investment in 2025 for those seeking low-risk options, though consumers may need to ...
Indigenous groups call on Ottawa to assess impacts of huge Pathways Alliance scheme due to 'mistrust' of 'inadequate' Alberta ...
Hammack takes on this new role following a long tenure with Goldman Sachs Group Inc., where she began working in 1993 as ...