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'The 30-year fixed-rate mortgage is a uniquely American construct,' analyst says. Here's why
CNBC· 5 hours ago"The 30-year fixed-rate mortgage is a uniquely American construct," said Greg McBride, chief...
Will mortgage interest rates fall in May?
CBS News· 6 days agoWhile mortgage rates were hovering under 3% in early 2021, the resulting uptick in inflation sent the Federal Reserve on an aggressive rate hike campaign...
Why you should invest in gold with interest rates paused
CBS News· 6 days agoInterest rates have been on a wild ride over the last couple of years as the Federal Reserve has...
The Fed once again holds interest rates steady — with cuts expected later this year
Business Insider via Yahoo Finance· 6 days ago"We will not always get it right — no one does. But...term — and nothing else." Regardless of...
Fed’s Barkin Says Full Impact of High Interest Rates Yet to Come
Bloomberg· 1 day agoFederal Reserve Bank of Richmond President Thomas Barkin said he expects high interest rates to slow...
Mortgage Rates Increase for Prospective Buyers: Current Mortgage Rates for May 6, 2024
CNET· 1 day agoA few major mortgage rates increased. Here's what to expect if you're in the market for a home loan.
US employers scaled back hiring in April. How that could let the Fed cut interest rates
San Francisco Chronicle· 4 days agoThe nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in...
Mortgage Rates Aren't the Only Hurdle for Homebuyers. There Aren't Enough Houses
CNET· 5 hours agoDepending on who you ask, the biggest obstacle for homebuyers is either mortgage rates, home prices...
Powell Unfazed By Sticky Inflation, but Rate Cuts Are Far Off
Morningstar· 6 days agoFed chair says policy is still restrictive, even as price pressures rose in the first quarter. ...
A soft landing will be tough to achieve, and inflation has hit lower-income Americans hard, Citi CEO...
Business Insider· 4 hours ago"It's hard to get a soft landing," Citi's CEO Jane Fraser told CNBC on Monday. "We're hopeful, but...