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Take these 12 steps as the Federal Reserve keeps interest rates high
Bankrate via Yahoo Finance· 5 days agoEven modest rate reductions can translate to major savings. For instance, financing $500,000 on a 30...
Mortgage rates suffer blow in housing market update
Newsweek· 5 days agoIn March, the central bank had forecast three rate cuts this year. This year, policymakers are projecting interest rates of 5.1 percent ...
Inflation and the housing market: Decoding the latest numbers
Bankrate via AOL· 5 days agoThat negative attitude is likely tied to today’s mortgage rates, which have eased a bit since...
Consumers want a break on prices and interest rates but Fed keeps rates high
Gannett via AOL· 5 days agoThe average rate for all credit cards is now 20.68%, according to Bankrate.com data. By contrast,...
Home equity is near a record high. Tapping it may be tricky due to high interest rate
NBC Universal via AOL· 7 days agoThe average HELOC has a 9.2% interest rate, according to Bankrate data as of June 6. Rates are...
The Federal Reserve holds interest rates steady — here's what that means for your money
NBC Philadelphia· 5 days agoThe Federal Reserve held rates steady at the end of its two-day meeting Wednesday, once again...
Home affordability is slipping further away for first-time buyers
Deseret News via Yahoo Finance· 3 days agoRising home prices and mortgage rates place Salt Lake City high on the list of unaffordable metros,...
Fed holds on rate change for now. Here’s what it means for you
Deseret News via Yahoo Finance· 4 days agoFed Chairman Jerome Powell says U.S. economy is heading in the right direction but the monetary body...
The Federal Reserve’s latest dot plot, explained – and what it says about interest rates
Bankrate via Yahoo Finance· 5 days agoTake mortgage rates, for example. The average 30-year fixed-rate mortgage was 3.28 percent when ...
The Fed indicated rates will remain higher for longer. What does that mean for you?
McComb Enterprise-Journal· 4 days ago30, 2023, in Loveland, Colo. The Federal Reserve’s decision Wednesday, May 1, 2024 to keep its benchmark rate at a two-decade high should have ripple effects ...