News
The Fed holds interest rates steady — but some members of the committee are taking Trump’s side
The Federal Reserve on Wednesday kept interest rates unchanged for the fifth consecutive meeting as it remains under intense pressure from President Donald Trump and his allies to lower borrowing costs.
The Fed has held its benchmark rate steady at an upper limit of 4.5% since December, during which time mortgage rates have remained in a narrow range from 6.6% to 7%.
Hurt by higher interest rates, commercial real estate should see a modest rebound in 2025. Lingering inflation, however, could complicate the recovery by pushing up long-term interest rates.
Updated estimates of real equilibrium interest rates in the euro area, derived from eight prominent methodologies proposed in the academic literature, deliver a wide range of estimates, partly ...
The average rate on 30-year fixed home loans edged down to 6.76% for the week ending May 1, retreating from 6.81% the previous week, according to Freddie Mac. Rates averaged 7.22% the same week in ...
For Jill Comfort, a broker who owns Comfort Realty in Maricopa, Arizona, 2024 has been a slow year. “The majority of that has to do with interest rates,” Comfort told USA TODAY. “You’ve ...
California housing market in a drought: new listings down by 17% in San Francisco, double-digit declines in other metros.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback