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After hitting a peak of 7.04% in January 2025, mortgage rates have retreated, but the decline has been sluggish, as rates ...
Rates on 30-year new purchase mortgages fell another 2 basis points Wednesday, for a three-day drop of 20 points that takes ...
Consumers aren't likely to see an interest rate cut in March. But economists still say a few more rate cuts could take place in 2025.
But with inflation falling, the Fed pivoted to monetary easing in 2024, enacting 1 percentage point in rate cuts over September to December. That brought the federal-funds rate back down to a ...
After four increases in five days, 30-year refi rates have finally moved the other way, erasing almost all of Friday's jump.
The cut was expected because of the steep fall in the rate of inflation in September, from 2.2% to 1.7%. The Bank uses higher lending rates to sap demand from the economy in a bid to slow down ...
Proposals for the GOP budget resolution are already circulating, including possibilities for changing federal benefits in ...
The European Central Bank cut interest rates for the seventh time in a year on Thursday and warned that economic growth will take a big hit from U.S. tariffs, bolstering bets for even more policy ...
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