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Fed holds interest rates steady, gives no sign it will cut soon as inflation fight stalls
USA TODAY via Yahoo Finance· 14 hours agoThe Fed bought the securities to push down long-term interest rates as the economy teetered during...
FOMC holds rates in place and will slow balance sheet drawdown
Reuters via Yahoo Finance· 8 hours agoThe Fed said that starting on June 1 it was reducing the cap on Treasury securities it allows to...
Can you get a reverse mortgage if you're younger than 62?
CBS News· 2 days agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
No Rate Cuts Anytime Soon
InvestorPlace· 3 hours agoToday, as was widely expected, the Federal Reserve held interest rates unchanged at the target level of 5.25% – 5.50%. While I usually watch the market...
Today's Fed meeting could signal that lower inflation is needed before more rate cuts
Eyewitness News Memphis· 13 hours agoAfter three straight hotter-than-expected inflation reports, Federal Reserve officials have turned...
High interest rates probably aren’t going away anytime soon
Vox· 15 hours agoAll eyes are on the Fed’s May meeting today, where Fed chair Jerome Powell will make an announcement...
Fed Says Inflation Progress Has Stalled and Extends Wait-and-See Rate Stance
The Wall Street Journal· 5 hours agoThe 30-year fixed-rate mortgage stood at 7.17% last week, up from 6.61% at the end of last year,...
Get the lowest HELOC rates available in April 2024
CNN.com· 3 days agoIf you’re among homeowners looking to tap home equity, you may be closely watching home equity line of credit (HELOC) rates (and mortgage refinancing...
House prices fall again as mortgage rates spike
Evening Standard via Yahoo Finance· 15 hours agoAs a result, average fixed mortgage rates have been steadily rising since they bottomed out early in the year when lenders...offered deals below 4%...
Federal Reserve holds rates steady. Here's the financial impact.
CBS News· 8 hours agoFederal Reserve officials said they are leaving their benchmark rate untouched, noting that progress...