The average 30-year fixed rate mortgage was 6.68% yesterday, unchanged since the day before. The 15-year fixed mortgage rate stood at 5.68%, the same as one the day before. The 30-year FHA mortgage ...

STIP outperformed expectations with a 9% gain and offers upside if inflation surprises, but return prospects remain moderate.

With the caveat that this is a low-probability event, we discuss what the implications of an early departure of Powell would ...

Savers should carefully weigh the pros and cons of high-yield savings accounts this July before starting. /iStockphoto . If ...

Yesterday, we characterized the prevailing mortgage rate momentum as "broadly sideways," and while that's still very true in ...

The Federal Reserve last month voted unanimously to leave rates unchanged. Fed Chair Jerome Powell said he expected ...

Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...

Investors in U.S. stock markets need to stop obsessing about when, and by how much, the Federal Reserve will cut interest ...

Trump demands that the Fed reduce rates by at least 3 points to save the US $360 billion a point. The Polymarket bets 95% ...

Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.

Economists will be reading the minutes of the Federal Reserve's June meeting to get a sense of what might have to happen in order for the central bank to cut interest rates in September. Expectations ...

If leading the Federal Reserve isn’t challenging enough, the next central bank chair will face an additional burden.