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 ...

Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.

The average 30-year mortgage rate has been above 6% for two years — and is likely to stay above that level for the ...

Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according ...

The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and ...

Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It ...

The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.

The Federal Reserve issued another cut to the federal funds rate this week. Here's what it could mean for HELOC rates.

On Thursday, at the end of its November meeting, the Fed announced a reduction of 0.25 percentage points in the federal funds ...