Schmid said the Fed's decision last week to cut interest rates by 25 basis points reflected their confidence that both the ...
Michael Reid, the US Economist at RBC Capital Markets, says the Fed is still on track for a rate cut in December.
The numbers: Applications for mortgages inched up over the past week, despite the 30-year creeping closer to 7%. The 30-year ...
While rate cuts from the Fed should gradually lead to lower mortgage rates, we haven't gotten there yet. There's no reason to ...
Jacob Channel, senior economist at LendingTree, said those cheap rates were due to the environment's economic uncertainty.
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on ...
In fact, mortgage rates are going on their sixth week of increases. That's despite the Fed having made an even bigger 0.5% ...
To better understand the future direction of mortgage rates, we need to understand what factors influence them.
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began ...
Federal Reserve Bank of Kansas City President Jeff Schmid on Wednesday sounded a note of caution about how much more the US ...
Wall Street's three major indexes rose on Wednesday after October data showed consumer prices rising in line with ...