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The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.
The pivot from rate hikes in 2022 and 2023 to rate cuts was widely forecast, and a big reason behind the S&P 500's epic 24% ...
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...
Americans saw a chance to save a few dollars on their monthly mortgage payments and took it, pushing refinance applications ...
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
The interest paid is normally higher than normal saving accounts, but you're capped at how much you can save each month ...
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...
If more than two years have passed, you still may get more tax relief than you think. In most states, when a spouse dies, one ...
JPMorgan Chase faces headwinds from declining net interest income due to lower rates and increased external borrowing. Learn ...
Every 1% cut in central bank interest rates gives Russia's VTB Bank an extra 20 billion roubles ($250 million) in net profit, ...
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