Bank economists: Soft landing remains likely, but risks remain
ABA’s Economic Advisory Committee expects moderating inflation to enable the Federal Reserve to reduce the federal funds rate and support ...
Tag: Interest rates
Mortgage rates drop
The rate for a 30-year fixed-rate mortgage averaged 6.2% this week. The rate for a 15-year fixed-rate mortgage averaged 5.27%.
Mortgage rates drop
The rate for a 30-year fixed-rate mortgage averaged 6.35% this week. The rate for a 15-year fixed-rate mortgage averaged 5.51%.
Fed’s Powell: ‘Time has come’ for rate cuts
With inflation easing and the labor market cooling, “the time has come for policy to adjust,” Federal Reserve Chairman Jerome ...
Mortgage rates drop slightly
The rate for a 30-year fixed-rate mortgage averaged 6.46% this week. The rate for a 15-year fixed-rate mortgage averaged 5.62%.
FOMC minutes show support for cutting rates
Several Federal Open Market Committee participants saw a “plausible case” for reducing the federal funds rate at their most recent ...
Mortgage rates rise slightly
The rate for a 30-year fixed-rate mortgage averaged 6.49% this week. The rate for a 15-year fixed-rate mortgage averaged 5.66%.
FOMC holds interest rates steady
The Federal Open Market Committee will hold the federal funds rate steady at 5.25 to 5.5%. The committee noted that ...
Mortgage rates hold steady
The rate for a 30-year fixed-rate mortgage averaged 6.78% this week, up slightly from 6.77%. The rate for a 15-year ...
Mortgage rates fall
The rate for a 30-year fixed-rate mortgage averaged 6.77% this week, down from last week when it averaged 6.89%.
