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Markets moved from pricing 2 to 3 rate cuts in 2026 to pricing a hike, and mortgage rates have tracked that shift. Labor data is running above the Fed break-even point while elevated oil complicates ...
The average rate on a 30-year mortgage rose amid growing concerns over inflation and as the war with Iran showed no sign of ending. Source: Freddie Mac. The New York Times By Emmett Lindner The ...
The average rate on the 30-year fixed loan rose 7 basis points Tuesday to 6.75%. Sales of pending homes rose in April both month over month and compared with a year ago, according to a report Tuesday ...
In a shift, traders are now betting the Federal Reserve’s next move will be a rate hike, even as new Chair Kevin Warsh and President Donald Trump have signaled support for lower borrowing costs. While ...
For most of 2026, Wall Street treated Federal Reserve rate cuts as inevitable. The only debate was whether investors would get two cuts or three. Bond traders, stock investors, and mortgage borrowers ...
Malaysia held its benchmark interest rate steady for a fifth straight meeting, despite heightened risks to growth from the prolonged conflict in the Middle East. Bank Negara Malaysia held the ...
Mortgage spreads closed at 1.93% last week, helping keep 2026 mortgage rates under 6.64% and near 6.44%. If the worst spread levels of 2023 returned, rates would be about 7.62% at today’s 10-year ...
The Iran war is impacting near-term Federal Reserve interest-rate bets. Experts cite stagflation concerns and complex labor markets affecting future monetary policy. New Fed leadership this spring may ...
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Birth rates among mothers in their 20s have declined, a new report from ...
A new analysis finds that a 10% credit card interest rate cap would shrink access to credit, affecting well over 100 million American cardholders in the process. Some Republican and Democratic ...
The bad news is that the average top-tier 30yr fixed rate remains over 6.5% after being under 6% just a month ago. The good news is that rates recovered nicely over the weekend. By Friday afternoon, ...
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