This year, mortgage rates failed to decline by as much as many—including President Donald Trump—would have wished for to alleviate the ongoing affordability challenges in the U.S. housing market. As ...
The average 30-year fixed mortgage rate was 6.39% this week, which is the same as the week before, according to U.S. News data. Mortgage refinancing rates decreased slightly for both the 30-year and ...
WASHINGTON, DC - JUNE 18: Federal Reserve Board Chairman Jerome Powell holds a news conference following a Federal Open Market Committee meeting on June 18, 2025 in Washington, DC. Despite President ...
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, 806,500 or less, increased to 6.38% from 6.33% Applications to refinance a home loan fell 4% for the ...
The Federal Reserve on Wednesday issued the third consecutive quarter-point interest rate cut this year — likely impacting everything from credit card rates and mortgages to online savings accounts.
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While each of the recent rate reductions has slowly chipped away at ...
The Federal Reserve on Wednesday announced its third interest rate cut of the year as policymakers moved forward with the cut to support the labor market despite elevated inflation. Fed policymakers ...
A contentious year for the United States' central bank is expected by analysts to end with more dissents and uncertainty – two themes that have emerged in recent Federal Reserve meetings. Fed watchers ...
The Federal Reserve will have to go without up-to-date government inflation and jobs data when it decides next month whether to lower interest rates for a third consecutive time. The Bureau of Labor ...
Mortgage rates are down on a national scale. The 30-year fixed-rate mortgage is now sitting at 6.22%, which is 5 basis points less than just one month ago, according to new Freddie Mac data. (See some ...