The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according to Freddie Mac. The Fed's latest rate cut, which was universally expected and thus fully priced in to bond markets, is unlikely to bring relief to mortgage rates in the near term.
All forecasts are estimates at best ... As inflation surged and the Fed began hiking interest rates to tame it, ...
Goldman thinks the Fed will cut rates more aggressively than expected through the end of 2025.
Interested in putting some money into a CD account this November? Here's what could happen with the rates on CDs.
The Bank of Mexico on Thursday lowered its benchmark interest rate by 25 basis points for a third straight meeting, ...
However, with the Federal Reserve cutting the federal funds rate by a half-point in September 2024, CD rate forecasts may look ... When you open a CD, the interest rate determines the return ...
One of the UK's wealthiest people, James Dyson, has called Labour's budget "spiteful". Meanwhile, this week's Money Problem ...
In April 2023, the central bank forecast that rates would be no higher than 7.5% in 2024, inducing many firms to take out ...
Uruguay held its key interest rate steady at 8.5% on Thursday to ensure that inflation and inflation expectations continue to ...
Now, the central bank's benchmark interest rate sits at a range of 4.50% to 4.75%. If Federal Reserve officials "stick to ...
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