Mortgage rates rise
The rate for a 30-year fixed-rate mortgage averaged 7.1% this week, up from last week when it averaged 6.88%.
Tag: Interest rates
Powell: Fed could maintain higher rates for longer than expected
Citing a recent "lack of further progress” in returning inflation to the Federal Reserve’s 2% target, Fed Chairman Jerome Powell ...
ABA Data Bank: Hot CPI reading pushes back rate cut expectations
Following March’s hot inflation reading and with continued strong economic growth, market participants have pushed back their projections for the ...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage averaged 6.88% this week, up from last week when it averaged 6.82%.
FOMC minutes: Persistent inflation clouds path forward
The persistence of high inflation and recent economic data have not increased the confidence of Federal Open Market Committee participants ...
Mortgage rates shift slightly
The rate for a 30-year fixed-rate mortgage averaged 6.82% this week, up from last week when it averaged 6.79%. A ...
Powell: Fed not seeking to become climate policymaker
Federal Reserve Chairman Jerome Powell said that the Fed needs to avoid “mission creep” if it wants to maintain the ...
Mortgage rates drop slightly
The rate for a 30-year fixed-rate mortgage averaged 6.79% this week, down from last week when it averaged 6.87%.
FOMC once again leaves rates unchanged
The Federal Open Market Committee decided to maintain the target range for the federal funds rate at 5.25% to 5.5%.
The implications of quantitative tightening for bank reserves
Do we take the FOMC at its word or focus on the Fed's repo borrowing program?
