Tag: interest rates
The Fed leaves interest rate unchanged; hike expected in September
WASHINGTON (AP) – The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation and a spike in energy prices caused...
Former Federal Reserve Chairman Alan Greenspan dies at 100
WASHINGTON (AP) – Alan Greenspan, the jazz-playing U.S. Federal Reserve chair who was celebrated for engineering a decade of prosperity but later shared...
Federal Reserve keeps rates steady, officials divided on hikes this year
WASHINGTON (AP) – The Federal Reserve kept its key rate unchanged Wednesday yet almost half the central bank’s policymakers said they could support a...
All eyes turn to Fed chair Kevin Warsh and his first...
WASHINGTON (AP) – Ever since Kevin Warsh was nominated by President Donald Trump in late January to lead the Federal Reserve, a question has lingered: Will he...
Average U.S. long-term mortgage rate rises to 6.52%
The average long-term U.S. mortgage rate ticked up this week to just below its high for the year, the latest sign that borrowing costs...
Federal Reserve keeps key interest rate unchanged
WASHINGTON (AP) – The Federal Reserve left its benchmark interest rate unchanged for the third straight meeting but signaled it could still cut rates...
Average U.S. long-term mortgage rate eases to 6.3%, its second weekly...
The average long-term U.S. mortgage rate declined again this week, easing borrowing costs for prospective homebuyers during what is typically the housing market’s busiest...
More Federal Reserve officials see possible rate hikes this year, minutes show
WASHINGTON (AP) – The number of Federal Reserve policymakers willing to consider an interest rate hike this year rose between the January and March...
Average U.S. long-term mortgage rate climbs to highest level in nearly...
The average long-term U.S. mortgage rate climbed for the fifth straight week, reaching its highest level in nearly seven months, another setback for home...
Mortage rate climbs to highest level in more than 6 months
MCLEAN, Va. (AP) – The average long-term U.S. mortgage rate climbed this week to its highest level in more than six months, driving up...
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