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News for: Interest Rates
Showing 241 - 264 of 314 results
Jun 17, 2025 8:23 AM
— Interest Rates
The Fed is set to make its next rate decision on Wednesday. Here's what to expect.
The Federal Reserve Bank is expected to keep its benchmark rate steady at 4.25% to 4.5% amidst uncertainty about the impact of President Trump's economic policies, especially his tariffs. The decision is anticipated to be unanimous, with a 97.5% probability of maintaining the current range. While the decision is good news for savers, borrowers can expect high credit card rates, auto loans, and mor... more
Jun 16, 2025 8:00 AM
— Interest Rates
Federal Reserve is likely to hold interest rates steady this week. Here's what that means for your money
Despite political pressure against the Federal Reserve Chair Jerome Powell, the Federal Reserve is expected to hold interest rates steady. Consumers are struggling with high prices and borrowing costs, with credit card rates remaining high even with the Fed on the sidelines. Mortgage rates have not moved much and remain near 6.9%, impacting potential buyers. Auto loan rates are rising due to incre... more
Jun 15, 2025 6:00 AM
— Interest Rates
'It makes sense to be on hold': Why Wall Street strategists think Fed rate cuts aren't coming anytime soon
The article discusses how recent economic data, including inflation moderation and rebounding consumer sentiment, support the Federal Reserve's path towards easing interest rates. However, there is uncertainty regarding the scope and impact of President Trump's tariffs, which could affect the Fed's decision on rate cuts. Market observers are increasingly confident that rate relief is imminent, wit... more
Jun 11, 2025 1:00 PM
— Interest Rates
Mortgage Rates Fall as Inflation Data Comes in Soft
After a calm start to the week, on Wednesday there was increased volatility in the bond market following the release of lower-than-expected inflation data. This led to an improvement in bonds and subsequently lower mortgage rates for consumers. The 10-year Treasury auction also took place, adding some benefit to the market. Mortgage rates are currently back in line with levels seen on June 5th.
Jun 11, 2025 7:01 AM
— Interest Rates
CPI Comes in Low Enough to Help
Today's CPI data showed a monthly core number of 0.1 vs 0.3, leading to a limited response in the market. Despite the lower inflation numbers, Fed Funds Futures did not react much and 10-year yields only dropped slightly before bouncing back.
Jun 10, 2025 1:00 PM
— Interest Rates
Multifamily Delinquencies Are Now Higher than During the Great Recession
Fannie Mae and Freddie Mac report a rise in serious delinquencies in multifamily mortgages in April. Delinquency rates have been increasing since the end of 2022, reaching multiyear highs. The Mortgage Bankers Association also reported an increase in commercial mortgage delinquencies, especially in CMBS. The rise in multifamily delinquencies is likely due to increasing interest rates, making it ha... more
Jun 10, 2025 7:01 AM
— Interest Rates
The Housing Market Just Flipped – Sellers Panicking!
The article discusses the potential impact of rising interest rates on the housing market and mortgage lending. It highlights how higher interest rates can lead to increased mortgage costs for borrowers and potentially slow down the housing market.
Jun 9, 2025 8:00 AM
— Interest Rates
Best CD Rates Today: June 9, 2025 | Top APY Holds Steady At 4.49%
A certificate of deposit (CD) is a savings account with a fixed interest rate for a specific term. The top CD rates have remained steady in June, and upcoming Federal Reserve decisions may provide more stability. Opening a CD requires personal information and funding with at least the minimum balance. CD rates are influenced by Federal Fund rate changes.
Jun 8, 2025 7:00 PM
— Interest Rates
Economist's jumbo $128 RBA interest rate prediction in weeks: 'No need to wait'
Top economists are calling on the Reserve Bank of Australia to deliver a jumbo cash rate cut in July due to weak economic growth and cautious consumer spending. The proposed 35 basis point rate cut would provide additional savings for mortgage holders compared to previous cuts. Economists believe that a larger rate cut is necessary to move the cash rate to a more neutral level and support the econ... more
Jun 5, 2025 3:00 PM
— Interest Rates
How the Trump/Musk dispute could influence mortgage rates
President Trump and Elon Musk's conflict could impact mortgage rates in the future, with minor upticks already seen in response to economic data. Musk's influence on the proposed tax bill and trade talks may have implications for mortgage rates. The Trump administration is pressuring Powell to lower interest rates.
Jun 4, 2025 3:24 PM
— Interest Rates
Big Bond Rally After ADP and ISM
Weak economic data, including ADP Employment and ISM Services reports, led to improvements in rates and yields. The market reacted positively to the data, with MBS and 10yr yields experiencing gains. However, if the upcoming jobs report does not agree with the ISM data, bonds may have to give back some of the gains.
Jun 3, 2025 1:00 PM
— Interest Rates
Uneventful Day For Mortgage Rates
Economic reports, like the Job Openings and Labor Turnover Survey (JOLTS), have the potential to influence mortgage rates. Despite some volatility, the mixed message from the JOLTS report ultimately led to rates staying in line with the previous day's levels.
Jun 3, 2025 8:00 AM
— Interest Rates
Fed and Data Temper Overnight Rally
10yr yields dropped modestly to 4.41. Resistance is expected at these levels if there is no data-based inspiration. We are seeing weakness after stronger job openings figures and hawkish comments from Fed's Bostic.
Jun 3, 2025 3:03 AM
— Interest Rates
High-yield savings rates today: June 2, 2025 | Highest APY remains 4.40% as the Fed prepares its next move
Some Fed officials hint at the Federal Reserve not raising interest rates at the upcoming meeting in mid-June. This stability in rates benefits savers, as high-yield savings accounts are still offering competitive APYs above 4 percent. Online-only banks tend to provide the best yields with minimal deposit requirements. The Federal Reserve's decision on interest rates can impact the future of these... more
Jun 2, 2025 3:00 AM
— Interest Rates
5 Reasons NOT to Overpay Your Mortgage in 2025
The article discusses the impact of rising interest rates on the housing market, including how higher rates could make it more difficult for buyers to afford homes. It also mentions the potential for slower growth in home sales and prices due to rising rates.
May 30, 2025 6:00 AM
— Interest Rates
Ho-Hum PCE Inflation Data Leaves Focus on Month-End Trading
Today's PCE Price Index is a consumer inflation report that is bigger and broader than CPI, but tends to have a smaller reaction in the market due to its staleness and lower surprise potential. Traders are more interested in the inflation narrative over the next 6 months, particularly with tariff policy stabilization and price pressure passing through. Bonds may be influenced by month-end trading ... more
May 30, 2025 3:03 AM
— Interest Rates
Top CD Rates Today: May 29, 2025 | Best APYs Range 4.15%-4.49%
The article discusses the benefits of investing in a certificate of deposit (CD) as a tool for saving money. It highlights the current leading APY rates across different CD terms and the pros of CD investing, such as solid APYs, safety, guaranteed fixed returns, and limited access to funds. It also mentions the recent federal funds rate changes and how they can impact deposit accounts like CDs.
May 28, 2025 3:00 PM
— Interest Rates
Tariff fears drive April auto, mortgage borrowing
Consumers are turning towards big-ticket items due to anticipated impact of tariffs, but overall borrowing levels show a more discerning attitude towards borrowing. The interest rate environment is leading to higher refinance mortgage volume than previously expected for 2025 and 2026. Trump announced that the US government will retain guarantees and oversight over Fannie Mae and Freddie Mac while ... more
May 28, 2025 1:01 PM
— Interest Rates
Mortgage Rates Hold Mostly Steady
Mortgage rates slightly decreased today after rising slightly at the start of the week. Top tier conventional 30yr fixed rates are just under 7% for the average lender. The rates spent 3 days above that mark last week. Today's fluctuation in rates was attributed to traders preparing for an auction of 5yr Treasuries, causing some minor headwinds in the rate market.
May 27, 2025 1:00 PM
— Interest Rates
US housing finance chief tells Powell to lower interest rates
FHFA Director William Pulte urged Federal Reserve Chair Jerome Powell to resume interest rate cuts to improve the housing market and combat inflation caused by trade wars and tariffs. The Fed paused rate cuts in response to post-pandemic inflation and economic uncertainty from trade policies, leading to consumer financing becoming more expensive, including mortgage rates remaining around 7 percent... more
May 26, 2025 7:00 PM
— Interest Rates
FHFA Director Pulte calls on Powell to lower interest rates
FHFA Director Bill Pulte has called on Federal Reserve Chairman Jerome Powell to lower interest rates to improve the housing market. This comes after the Supreme Court ruled that Trump cannot fire the head of the Federal Reserve. The housing market, white house, and treasury secretary are all pushing for lower rates.
May 26, 2025 1:00 PM
— Interest Rates
What Moody's Cutting U.S. Credit Rating Means For You
Moody's Corp. lowered America's sovereign debt rating to Aa1 due to factors such as high debt, rising interest costs, looming tax cuts, and political gridlock. This downgrade could lead to higher borrowing costs, as seen with increased Treasury yields and a rise in average 30-year fixed mortgage rates. The downgrade also impacted bond prices, stock markets, and raised fears of de-dollarization. Wh... more
May 25, 2025 1:00 PM
— Interest Rates
Best high-yield savings interest rates today, May 25, 2025 (best accounts offering 4.44% APY)
The Federal Reserve cut its target rate three times in late 2024, leading to a decrease in savings interest rates. The national average savings rate is currently 0.42%, with the highest rate available being 4.44% APY. The article discusses how the amount of interest earned on savings depends on the APY and the compounding frequency. It also provides information on high-yield savings accounts, CD r... more
May 25, 2025 5:00 AM
— Interest Rates
30-Year & 20-Year Treasury Yields Back over 5%, 10-Year over 4.5%, Yield Curve Steepens at Long End, Mortgage Rates Back over 7%
The article discusses the rise in Treasury yields, the impact on bond prices, the current mortgage rates, and the factors affecting the bond market. It highlights the increase in 30-year fixed mortgage rates above 7% for the last few days and how these rates have fluctuated over the years. It also touches on the concerns around rising inflation, the actions of the Fed, and the growing deficit, all... more
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The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 600 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 600 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.