The Trump administration looked to recast elements of a dour jobs report Tuesday as a sign of strength. By Tony Romm Reporting from Washington The White House on Tuesday sought to recast a dour ...
Federal Reserve Chair Jerome Powell warned that the housing sector's struggles are likely to continue with interest rate cuts unlikely to move the needle significantly to address challenges with ...
WASHINGTON, Dec 10 (Reuters) - The U.S. Federal Reserve may not give President Donald Trump all the rate cuts he wants, but the view of the economy policymakers included in new economic projections on ...
The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...
Thanks to its latest decision on Wednesday – its final one for 2025 – the Federal Reserve has now reduced its key overnight lending rate by 1.75 percentage points since it began its rate-cutting cycle ...
The economy has had a volatile year marked by ongoing headwinds and uncertainties. Persistent inflation, unpredictability around tariffs, and a stock market that many fear is in the midst of an ...
Most homebuyers and homeowners hoping to refinance are well aware that mortgage interest rates are far from the lows that were readily available in 2020 and 2021. What some buyers and owners may not ...
Interest rate is the percentage of your loan balance that your lender charges annually. APR represents the overall cost of borrowing, also taking into account other fees and expenses associated with ...
Explore current mortgage rates and what they mean for homebuyers Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side. Edited By ...
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The State Corporation Commission on Tuesday handed Dominion Energy two major approvals, after the board OK’d the controversial Chesterfield Energy Reliability Center as well as the utility’s new rates ...
Mortgage rates remained stable near 6.37% ahead of the holidays, with most traders expecting a Fed rate cut in December. Existing home sales rose 1.2% in October, but annual sales remain below ...