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News for: Interest Rates
Showing 217 - 237 of 237 results
May 11, 2025 12:00 PM
— Interest Rates
Best high-yield savings interest rates today, May 11, 2025 (best accounts offering 4.36% APY)
The article discusses how the Federal Reserve has cut its target rate three times in late 2024, leading to falling savings interest rates. The national average savings account rate is currently at 0.41%, with the highest rate being 4.36% APY offered by VIO Bank. It emphasizes the importance of taking advantage of high-yield savings accounts to maximize earnings. The article also explains how the a... more
May 10, 2025 3:00 AM
— Interest Rates
Mortgage Rates Barely Lower to End The Week
The average top tier 30yr fixed mortgage rate is slightly lower today compared to yesterday or the end of last week. The improvement in rates today may be a result of trade-related headlines suggesting ongoing negotiations between the US and China. However, overall movement in the market is minimal. Looking ahead, mortgage rates will likely be influenced by inflation data next Tuesday and any sign... more
May 9, 2025 10:00 AM
— Interest Rates
Ginnie Buydown Changes Tackle Just Tip of Iceberg
The article discusses current trends in mortgage rates and their impact on home buyers. It notes that mortgage rates have been rising steadily, reaching their highest levels in years. This increase in rates has led to higher monthly payments for home buyers, making it more difficult for some to afford homes. The article suggests that prospective buyers should act quickly to take advantage of lower... more
May 8, 2025 6:00 AM
— Interest Rates
Federal Reserve holds interest rates steady: What that means for credit cards, auto loans, mortgages and more
The Federal Reserve has decided to keep interest rates steady due to uncertainty caused by President Donald Trump's tariff policies and weakening economic growth. This decision has resulted in high borrowing costs and prices for consumers, as the rates on most consumer loans remain elevated. Mortgage rates, which are indirectly related to the Fed, have slightly decreased due to concerns over tarif... more
May 8, 2025 5:57 AM
— Interest Rates
Bank of England cuts interest rates to 4.25%, as governor welcomes US tariff deal news
The Bank of England has cut interest rates to 4.25%, the lowest since May 2023, in an effort to boost spending by making borrowing, including mortgages, cheaper. This decision was met with a divided committee, as some members wanted a bigger cut or no change at all. The lower rate is expected to have an immediate impact on home loans, with nearly 600,000 homeowners on tracker deals seeing their mo... more
May 8, 2025 3:00 AM
— Interest Rates
Fed Skips Another Interest Rate Cut, Warns Of ‘Potential’ For Stagflation
The Federal Reserve voted to keep interest rates steady, signaling more concern about inflation than a recession. This decision will maintain the key interest rate that affects borrowing costs near a decade-plus high. Home buyers may face higher mortgage rates, as adjustable-rate mortgages are influenced by this rate. However, savers can benefit from competitive returns on savings accounts due to ... more
May 7, 2025 5:00 PM
— Interest Rates
Fed holds interest rates steady as the central bank weighs impact of Trump tariffs
The Federal Reserve has decided to keep its benchmark interest rate unchanged at 4.25% to 4.5% despite pressure from President Trump to lower borrowing costs. The Fed cited economic risks, particularly related to Trump's tariffs, as a reason for maintaining the current rate. There are concerns that Trump's tariffs could lead to higher inflation and unemployment, which could impact the Fed's dual m... more
May 7, 2025 4:00 PM
— Interest Rates
Interest rates: Cut expected by the Bank of England
The Bank of England is expected to cut interest rates to 4.25% which would make borrowing money cheaper for businesses and individuals. This would be the fourth rate reduction since last year's peak of 5.25%. Mortgage rates have already been falling in anticipation of the rate cut, but further drops are not guaranteed. Fixed-rate mortgage holders may see lower monthly repayments if the base rate i... more
May 7, 2025 3:00 PM
— Interest Rates
Just as Underwhelming as Expected
The article discusses how Federal Reserve Chairman Powell reiterated uncertainty about the future of mortgage rates during a recent press conference. Despite this, mortgage rates have remained relatively stable, with 10-year yields down slightly and MBS up slightly. The article suggests that there is no excitement in the market and that there has been no significant change in rates following the F... more
May 7, 2025 2:00 PM
— Interest Rates
Fed Holds Rates Steady. Here's How it Impacts Mortgage Rates.
The Federal Reserve announced that it is holding the federal funds rate steady at 4.25% to 4.5%. This decision will lead to lower borrowing costs on credit cards and personal loans. Mortgage rates are expected to drop slightly as a result of the decision to keep rates steady. The impact of tariffs on inflation and unemployment will be closely monitored by the Fed. Experts expect the Fed to keep ra... more
May 7, 2025 1:00 PM
— Interest Rates
Fed chair Jerome Powell cites 'uncertainty' as central bank holds key rate steady
The article discusses the Federal Reserve's decision to keep interest rates unchanged amid concerns about inflation and recession risks due to President Trump's tariffs. The Fed is in wait-and-see mode, monitoring the impact of tariffs on the economy. While the Fed did not indicate any immediate plans to lower rates, it acknowledged growing concerns about the risks posed by the import fees. The ar... more
May 7, 2025 8:00 AM
— Interest Rates
Not Expecting Fireworks From The Fed
The article discusses the fluctuations in bond markets and Fed Funds Rate expectations leading up to Powell's press conference. It mentions the possibility of rate cuts due to economic uncertainties, but also highlights inflation-related uncertainty. The article suggests that Powell may not be able to make any significant changes to interest rates at the moment. Despite this, the market may still ... more
May 7, 2025 5:00 AM
— Interest Rates
When will interest rates go down again and how do they affect mortgages?
The article discusses the likelihood of the Bank of England cutting interest rates in the near future, with potential further cuts expected throughout the year. Interest rates impact mortgage rates, credit card rates, and savings rates for millions of people. Currently, mortgage rates are still relatively high compared to previous years, with many borrowers facing increased costs when their fixed-... more
May 6, 2025 6:00 PM
— Interest Rates
China announces sweeping measures to ease policy in bid to shore up trade-war hit economy
China's central bank and financial regulators announced policy steps including interest rate cuts to bolster the economy amid trade worries. The measures include reducing mortgage rates for first-time homebuyers by 25 basis points. These measures may have limited impact on boosting credit demand as borrowing has been insensitive to interest rates. China is also preparing more measures to support s... more
May 5, 2025 5:00 AM
— Interest Rates
When does the next Fed meeting take place?
The article discusses the recent actions of the Federal Open Market Committee (FOMC) in adjusting the federal funds rate, including a series of rate cuts in 2024. It also highlights the upcoming FOMC meeting in May 2025, where experts expect the Fed to hold the rate steady. The article suggests that home buyers should consider locking in high rates for CDs, refinancing fixed-rate loans, and timing... more
May 3, 2025 5:00 AM
— Interest Rates
Trump just said there's 'no inflation' in the US. But it's still higher than what the Fed wants.
President Donald Trump has been advocating for the Federal Reserve to cut interest rates, citing improvements in the economy such as lower gas prices, groceries, energy, and mortgage rates. However, despite Trump's claims, consumer prices have still been rising and inflation remains above the Fed's target of 2%. Mortgage rates have indeed decreased, but other statistics shared by Trump, such as ga... more
May 2, 2025 2:00 PM
— Interest Rates
Investor Demand for MSRs Expected to Remain Elevated
The article discusses how mortgage rates have been on the rise, reaching the highest levels in years. This increase in rates is expected to impact home buyers, making it more expensive to purchase a home. As a result, potential buyers may have to reconsider their budgets or search for more affordable housing options. The rise in mortgage rates is attributed to various factors, including inflation ... more
Apr 28, 2025 9:38 AM
— Interest Rates
High-Yield Savings Rates Today: April 28, 2025 | APYs Are Expected To Stay Elevated
The article discusses the impact of President Trump's urging of the Federal Reserve Chair to lower interest rates on the stock market. However, the Chair indicated that rates will only be lowered when the economy is ready. This is good news for high-yield savings accounts, as yields may stay high for a while longer. The top yields on savings accounts currently exceed 4 percent APY. BrioDirect's hi... more
Apr 27, 2025 9:37 AM
— Interest Rates
China may make a ‘retaliatory’ move that experts say will ‘hit' US homeowners 'hard.' Here's what's happening
Mortgage rates are climbing due to a sell-off in U.S. Treasury bonds, which could be exacerbated by a sell-off in China. This could lead to higher mortgage rates for homebuyers, especially those with variable-rate mortgages. Rising rates could also lead to a reduction in demand and lower housing prices, potentially causing some buyers to be priced out of the market. Lenders may also tighten lendin... more
Apr 25, 2025 3:51 AM
— Interest Rates
Home costs fell in March, but will it last?
Stable interest rates in March led to an increase in housing affordability for buyers, with the median monthly payment decreasing. However, in April, mortgage rates have been on the rise, potentially impacting home sales activity. Rising home prices have led to an increase in the number of cities where starter homes cost over $1 million. Despite this, more homes are entering the market, giving buy... more
Apr 7, 2025 5:01 AM
— Interest Rates
How Trump's wild tariff ride has changed mortgages
President Trump's tariff decisions are causing uncertainty in the mortgage industry, with mortgage rates increasing as a result. This has a direct impact on home buyers, as they have seen fluctuations in mortgage rates based on the president's tariff strategy. The article also discusses various legal battles and budget cuts within the industry, as well as initiatives to attract and support top tal... more
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The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 400 lenders. Mortgage-Rates.ai does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@mortgage-rates.ai
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 400 lenders. Mortgage-Rates.ai does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@mortgage-rates.ai
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.