FOMC sees ‘lack of further progress’ in reducing inflation
Citing a “lack of further progress” in recent months in dialing back inflation, the FOMC announced that it will maintain ...
Tag: Interest rates
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage averaged 7.17% this week, up from last week when it averaged 7.1%.
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%.
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%.
