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News for: Interest Rates
Showing 73 - 96 of 237 results
Aug 29, 2025 12:14 PM
— Interest Rates
How Trump's Push To Remake The Fed Could Backfire On Your Wallet
President Trump is attempting to remove Fed governor Lisa Cook from her position due to allegations of fraud, despite Cook filing a lawsuit against the attempt. Political interference in the Fed could lead to higher interest rates and inflation, impacting consumers negatively. Trump's efforts to control the Fed could weaken its independence and harm the economy.
Aug 29, 2025 9:26 AM
— Interest Rates
PCE Inflation Offers No Surprises
The PCE inflation report is highly regarded by policymakers in the US and is easier to forecast compared to CPI. The latest PCE report showed no deviations from expectations, with all monthly and annual numbers matching forecasts. One interesting development is the 'supercore' reading, which was slightly lower in PCE compared to CPI, indicating slightly better inflation numbers that may influence ... more
Aug 29, 2025 3:30 AM
— Interest Rates
Mortgage rates hit 10-month low as Powell hints at Fed cut
Jerome Powell's indication of a short-term rate cut in September drove mortgage rates down slightly. Despite some fluctuation, rates generally remained steady throughout the week. Zillow forecasted that further rate declines are unlikely and that affordability remains a concern for buyers. The impact of Powell's comments on the housing market is expected to be gradual.
Aug 29, 2025 3:27 AM
— Interest Rates
Fairly Steady After Glut of Low-Consequence Data
Today's economic calendar looks robust on paper with quarterly GDP results and important inflation index like PCE prices, but the data released today is not capturing recent July inflation data. Jobless Claims data is not significant today. Yields remain within post-NFP range but show a friendlier trend after last week's Jackson Hole speech.
Aug 29, 2025 3:25 AM
— Interest Rates
What happens if the Fed slashes rates to 1% like Trump wants?
President Trump desires lower interest rates and wants the Federal Reserve to cut the federal funds rate to 1%. If this were to happen, government bond yields would drop, leading to lower interest rates across various types of credit such as auto loans and business loans. However, this could also result in higher inflation and ultimately cause mortgage rates to go up, making it more expensive for ... more
Aug 27, 2025 3:24 AM
— Interest Rates
Are You Losing Money In Your High-Yield Savings Account?
Many savers are finding that the yields on their high-yield savings accounts have decreased significantly over the past few years, impacting their earnings. This is due to banks adjusting their rates based on the federal funds rate. Savers are advised to regularly check their rates and consider alternatives like CDs, T-bills, or brokerage-linked accounts to maximize returns. It is recommended to m... more
Aug 26, 2025 3:28 AM
— Interest Rates
High-yield savings rates today: August 25, 2025 | Savers enjoy yields surpassing 4%, but likely not for long
High-yield savings account interest rates have been strong due to the Federal Reserve's tighter monetary policy. However, experts anticipate a rate cut in the near future, which could lower savings yields. The Fed's decisions directly impact how much individuals can earn on their savings accounts, and economists predict at least one rate cut by the end of 2025. Savers should take advantage of the ... more
Aug 25, 2025 6:23 PM
— Interest Rates
Trump fires Fed governor from Michigan, opening new front in fight for control over central bank
President Trump fired Federal Reserve Governor Lisa Cook due to allegations of mortgage fraud made by a Trump appointee. Cook was accused of claiming two primary residences to receive better mortgage terms. The firing may lead to a legal battle and can disrupt financial markets, potentially causing interest rates to rise. Trump's actions are seen as an attempt to appoint a loyalist who would suppo... more
Aug 25, 2025 12:24 PM
— Interest Rates
Mortgage Rates Edge Slightly Higher From Long-Term Lows
After Fed Chair Powell's speech at Jackson Hole last week, rates fell to their lowest levels since October 3rd, 2024, hinting at a potential September rate cut. However, rates mildly corrected today, with conventional 30yr fixed rates moving back up slightly while still near 10-month lows. Mortgage rates are more influenced by Fed rate expectations in the marketplace rather than actual Fed Funds R... more
Aug 25, 2025 4:23 AM
— Interest Rates
Ask an Advisor: As Interest Rates Fall, Is There a Better Way to Invest My $250K That's '100% Safe?’
A 66-year-old individual is looking for a 100% safe investment option as interest rates decline. The article suggests that interest-bearing investments are the safest option, but the tradeoff is lower returns tied to prevailing interest rates. It recommends working with a financial advisor to evaluate risk tolerance and align investment portfolios accordingly. It also discusses the tradeoff betwee... more
Aug 22, 2025 2:24 PM
— Interest Rates
Jackson Hole Speech Delivers
Powell's speech at Jackson Hole conference hinted at a potential rate cut in September due to concerns about full employment and transitory inflation. This led to a rally in bonds with MBS and 10yr yields decreasing.
Aug 22, 2025 2:23 PM
— Interest Rates
Federal Reserve set to cut interest rates – but still Trump won’t be happy
The Federal Reserve is considering cutting interest rates again in the fall, potentially not returning to pre-pandemic levels. Higher rates could lead to more expensive loans like mortgages, further impacting struggling Americans trying to purchase homes. The Fed is trying to find a balance between rates too high that could lead to unemployment and rates too low that could cause inflation. Trump's... more
Aug 22, 2025 12:23 PM
— Interest Rates
Lowest Rates of The Year (Barely) After Powell Speech
Fed Chair Powell's speech at the Jackson Hole Symposium suggested a potential rate cut in the near future due to weak jobs numbers, leading to a significant drop in mortgage rates - the biggest since August 1st.
Aug 22, 2025 11:23 AM
— Interest Rates
Mortgage rates fall, real estate stocks jump after Fed speech
Federal Reserve Chair Jerome Powell hinted at the possibility of cutting short-term interest rates, leading to a stock market rally and a decrease in mortgage rates. This potential rate cut could benefit the housing market by keeping mortgage rates low in the short term and reducing anxiety among buyers and sellers in the long term. The lower rates could revive buyer interest, improve affordabilit... more
Aug 22, 2025 9:23 AM
— Interest Rates
NBC News
Powell opens door to potential rate cut in speech highlighting rising economic risks
Stocks surged on the remarks as investors anticipated the Fed was now more likely to lower its key borrowing rate at its next meeting in...
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21 hours ago
Federal Reserve Chair Jerome Powell indicated a potential rate cut due to rising employment risks and lower hiring rates caused by Trump's immigration policies. This could lead to a decrease in the Fed's benchmark interest rate, stimulating economic activity. Internal divisions within the Fed exist regarding the future direction of monetary policy. President Trump has been pushing for rate cuts, b... more
Aug 22, 2025 8:23 AM
— Interest Rates
Bonds Cheer Powell Pivot
Fed Chair Powell hinted at the possibility of adjusting policy in light of a weaker jobs report and downplayed tariff-driven inflation as a lasting dynamic. Bonds rallied instantly with short-term yields leading the way and September rate cut odds back to over 90%. 10yr yields are back in the middle of their August range and MBS are near 2025's highs.
Aug 22, 2025 8:23 AM
— Interest Rates
Mortgage rates fall after Powell admits fear of labor market softening
Jerome Powell spoke at the Economic Symposium in Jackson Hole, Wyoming, prioritizing labor over inflation due to concerning labor market data. The 10-year yield fell after his speech, potentially leading to lower mortgage rates. If job growth increases, the focus may shift back to inflation.
Aug 20, 2025 1:24 PM
— Interest Rates
Almost No Reaction to Fed Minutes
The Fed Minutes indicated inflation risks outweighing employment risks, with many Fed members viewing tariff inflation risks as a process that could take months to unfold. Markets are still waiting for labor market data to deteriorate before expecting any major rate relief. Fed rate cuts in September are still likely despite some volatility in Fed Funds Futures mid-day.
Aug 20, 2025 9:23 AM
— Interest Rates
Trump calls on Federal Reserve official to resign after ally accuses her of mortgage fraud
President Trump called on Federal Reserve governor Lisa Cook to resign after allegations of committing mortgage fraud. The administration has accused Cook of claiming two homes as principal residences to obtain better mortgage lending terms. Trump has demanded lower interest rates from the Fed to reduce government borrowing costs and boost the housing market. The Fed declined to comment on the acc... more
Aug 20, 2025 7:23 AM
— Interest Rates
Trump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too
President Trump is pressuring the Fed to lower the base interest rate to help consumers financially and kickstart the housing market. Lower interest rates could benefit homeowners, relieve tension in the housing market, provide relief for financially vulnerable demographics, and potentially impact mortgage rates. However, the connection between borrowing costs and the short-term interest rate is c... more
Aug 20, 2025 6:23 AM
— Interest Rates
Trump hits Federal Reserve Chair Powell over housing industry in latest attack, blasting mortgage rates
President Trump criticized Federal Reserve Chair Jerome Powell for not cutting interest rates, claiming it was hurting the housing industry. He also attacked Federal Reserve Governor Lisa Cook over alleged mortgage fraud. Meanwhile, inflation increased in July, potentially impacting the Federal Reserve's decision-making process regarding interest rates. The Bureau of Labor Statistics reported an i... more
Aug 18, 2025 3:23 PM
— Interest Rates
You can earn up to 5.00% APY in a high-yield savings account on Aug. 18, 2025
The article discusses high-yield savings accounts offering APYs well above average rates, with some banks still offering around 5.00%. It explains how the Fed's decisions on interest rates impact savings rates, with banks tending to follow the lead of the federal funds rate. The article also highlights the benefits of high-yield savings accounts, which typically have higher rates, no minimum balan... more
Aug 18, 2025 12:23 PM
— Interest Rates
Best High-Yield Savings Rates Today | Leading APYs Still Surpass 4%
The Federal Reserve has maintained its benchmark rate in a target range of 4.25-4.5 percent this year, resulting in high-yield savings account rates above 4 percent APY. Traders predict a rate cut in September, potentially lowering rates. Banks often adjust their rates in response to Fed changes. While CD rates remain high, there are early withdrawal penalties. It is recommended to have a healthy ... more
Aug 18, 2025 5:26 AM
— Interest Rates
Federal Funds Rate History: 1980 Through The Present
Bankrate points out that the current U.S. central bank's key borrowing benchmark is in a target range of 4.25-4.5 percent, lower than during the pandemic but still high. Fed's historical rate moves and policies, including manufacturing a recession in the 1980s to combat inflation and Greenspan's management through the dot-com and housing bubbles, are discussed. Quantitative easing was introduced d... 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.