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Fed is in no hurry to lower interest rates
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week and half-point cut in September.
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.
Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
Mortgage Rates Today, Nov. 14
Mortgage Rates Today, Nov. 14: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.25% for a 15-year fixed-rate mortgage
Mortgage rates fall slightly, ending 6-week climb
Mortgage rates leveled off this week after climbing for six consecutives weeks, stalling along with demand in the stagnant housing market amid an affordability crisis.
Why 2% Mortgage Rates Are a Thing of the Past
It's easy to hold up sub-3% mortgage rates as the gold standard. Four years ago, the average rate for a 30-year fixed mortgage was 2.65%. Bargain mortgage rates made it cheaper to purchase a house and refinance a mortgage,
4h
on MSN
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
8h
Refinance Rates Hold Roughly Steady for Most Loan Types
Wednesday, but overall, refinance rates were essentially flat. Jumbo refinance loans were among those seeing a modest decline ...
WCJB on MSN
18m
‘If we do not change these rates... the city will go broke,’ Williston leaders share reasoning behind increase
WILLISTON, Fla. (WCJB) - If you live in Williston, you may have noticed an increase in your utility bills over the last year.
CBS News on MSN
1d
Inflation's up again. Here's what it could mean for mortgage interest rates.
This uptick underscores the challenges facing the Federal Reserve, which began easing interest
rates
in September in ...
Fox Business
11h
Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms stay at 6.25%
Thinking about taking out a mortgage loan? Current mortgage
rates
rise to 6.99% for 30-year terms, while 15-year terms ...
1d
One of the Most Popular College Majors Has One of Highest Rates of Depression
One of the most popular college majors saw some of the highest growing rates of depression, according to a recent survey from ...
12h
on MSN
High rates of preterm birth and infant deaths get the US another D+ grade: ‘It’s a travesty’
Being rushed to a hospital nearly two hours away, in the middle of a dangerous spring storm – with fear in her heart and ...
1d
on MSN
Trump’s economic agenda for his second term is clouding the outlook for mortgage rates
Homebuilding sector analysts at Raymond James and Associates see mortgage rates remaining “higher for longer,” given the ...
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