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Fed Meeting Update: Interest Rates Will Stay High Until Inflation Cools
CNET· 6 days agoThe Fed on Wednesday decided to hold the federal funds rate at a target range of 5.25% to 5.50% for...
Fed holds rates steady once again: What it means for car, home buyers
Gannett via AOL· 7 days agoMark Zandi, chief economist for Moody's, now expects one interest rate cut in December — down from a...
Fed’s Kashkari Says Rates Likely on Hold for ‘Extended Period’
Bloomberg via Yahoo Finance· 19 hours ago(Bloomberg) -- Federal Reserve Bank of Minneapolis President Neel Kashkari said it’s likely the...
Average long-term US mortgage rate climbs for fourth straight week to highest level since November
The Salem News· 5 days agoMortgage rates are influenced by several factors, including how the bond market reacts to the Fed's interest rate policy and the moves ...
Key takeaways from the latest Fed meeting
CNN Business via AOL· 7 days agoThe Federal Reserve kept interest rates at their current levels Wednesday, as hotter-than-expected inflation data continues to push back the timing of...
Heard on the Street: Rocket Manages Lending Lift Despite Soaring Mortgage Rates
The Wall Street Journal· 5 days agoMortgage originator Rocket Cos. is managing to squeeze out growth despite a tough housing market. In...
‘Don’t Panic’: 5 Tips to Help Homebuyers Cope With 7% Mortgage Rates
The State· 7 days agoMortgage rates should eventually decrease, but the drop will probably come later than most expected. Higher interest rates are increasing pressure on homebuyers ...
Expect Higher Interest Rates Through the End of 2024. Fed Blames 'Lack of Progress' on Inflation
CNET· 6 days agoThe Fed on Wednesday decided to hold the federal funds rate at a target range of 5.25% to 5.50% for...
What will happen to home prices if mortgage rates stay high? Experts weigh in
CBS News· 2 days agoThe Federal Reserve continues to battle inflation, which has topped 3% for the first three months of 2024. With inflation moving in the wrong direction, mortgage rates have ...
Sweden’s Central Bank Cuts Key Rate as Europe Moves Ahead of the Fed
The Wall Street Journal· 4 hours agoThe Riksbank cut its key rate to 3.75% from 4%, in line with forecasts, becoming only the second...