With Prices Stubbornly High in March, Rates Likely Won’t Lower Soon
In a Consumer Price Index (CPI) report April 10, those hoping mortgage rates would soon decline once the Fed lowered ...
Tag: Fed
Mortgage Rates Dip for Second Straight Week
The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.88% to an average of ...
Prices Ticked Up in February Overall, Justifying Fed’s Caution on Lowering Rates
The Consumer Price Index (CPI) increased 0.4% in February on a seasonally adjusted basis, after rising 0.3% in January, the ...
Mortgage Rates Continue to Edge Near 7%
The 30-year fixed-rate mortgage (FRM) increased slightly this week, from last week’s average of 6.9% to an average of 6.94% ...
Mortgage Rates Near 7%
Nearing a return to 7% territory, the 30-year-fixed-rate mortgage continued its ascent this week, up to 6.9% from last week’s ...
Fed Requires ‘Continuing Evidence’ of Inflation Decrease Before a Rate Cut
As expected, the Federal Reserve indicated that rate cuts aren’t in proximity unless there is “continuing evidence” revealing inflation is ...
Fed Governor Offers Optimistic View of Rate Cuts, Economy in 2024
In a speech sponsored by the think tank Brookings Institution, Federal Reserve Governor Chris Waller said he feels more confident ...
Consumer Price Index Continues Slow Rise in December
Inflation saw another small rise in December, continuing the 0.1% rise seen in November. Following the two recent consecutive pauses ...
The Fed Continues to Keep Interest Rates Steady
Interest rates will remain unchanged for the second month in a row, according to the latest press conference from the ...
Consumer Price Index Sees Small Rise in November
Inflation saw a small rise again in November, following no changes in October. After the recent pause in rate hikes ...
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