In response to mounting warning signs from the labor market, the Federal Reserve is preparing to cut its benchmark interest rate for the first time in nine months. Most economists…
Rates
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A combination of factors this week will have all eyes on the Federal Reserve’s meeting on Sept. 16–17 and whether any drop in interest rates will happen. First, inflation data…
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Quick Read Purchase mortgage applications were up 23% year-over-year last week as 30-year fixed-rate mortgages rates dropped to the lowest since October 2024. Optimal Blue data showed mortgage rates dropped…
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Mortgage rates fell dramatically to a new 2025 low on Friday after an anemic jobs report convinced investors the economy is decelerating and the Federal Reserve is likely to cut…
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With the Trump administration signaling that it intends to merge mortgage giants Fannie Mae and Freddie Mac and take them public before the end of the year, Senate Democrats want…
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With 7.24 million Americans out of work in July and payroll growth slowing, the Fed is expected to pivot from fighting inflation to preserving jobs. Upward pressure on mortgage rates…
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For years, high home prices and mortgage rates have driven consumers from the housing market. That intimidation factor might be fading, Intel’s latest survey of 3,000 working adults found. For…
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Mortgage rates were headed down Friday after Federal Reserve Chair Jerome Powell said the central bank is starting to see unemployment as a bigger risk to the U.S. economy than…
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Impact on rates depends on the structure of rumored IPO. Whatever the plan turns out to be, the Trump administration has stacked the boards at the mortgage giants with its…
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Key Points Federal student loans still offer stronger protections, but changes to repayment programs, especially for parents, changes the dynamic. Private student loans can offer lower rates for creditworthy borrowers…