Today's Mortgage Rates | Rates Should Continue to Ease as Fed Cuts Look More Likely
These are today's mortgage and refinance rates. Mortgage rates are down this month, and they should drop further next year as the Fed lowers rates.
Will fed's rate cuts signal lower car loan rates ahead?
With car prices and loan rates high, buyers hope Fed rate cuts will lower car loan payments, easing financial strain.
Fed’s Musalem Says Time to Pause Rate Cuts May Be Near
Federal Reserve Bank of St. Louis President Alberto Musalem said it may be time for policymakers to slow the pace of interest-rate cuts amid higher than desired inflation and declining concerns over the labor market.
The Fed might not cut interest rates at all in 2025, Deutsche Bank economist says
"Unemployment is going to come down, growth is going to come up, inflation is going to come up," Deutsche Bank's chief US economist said.
Why Powell and the Fed should pause interest-rate cuts in December
Tim Duy, chief economist at SGH Macro Advisors, said this expectation was solidified by comments from influential Fed Governor Christopher Waller that he was leaning in favor of a December cut, as well as the “lack of pushback” from other Fed officials.
Fed seen poised to cut rates this month, debate 2025 pause
By Howard Schneider and Ann Saphir CHICAGO/PALO ALTO, California (Reuters) - Federal Reserve officials appear on track to cut interest rates this month after data showed the U.S. labor market remained strong but continued to cool in November,
Jobs report shows hiring surge as Fed weighs interest rate cut
U.S. hiring surged in November, bouncing back from a dismal performance in the previous month and returning to strong growth. Employers added 227,000 workers last month, exceeding economist expectations of 214,
November jobs report: Gain of 227,000 keeps Fed on track to cut interest rates
The 227,000 increase in new jobs in November was inflated by workers returning to their jobs after a pair of major hurricanes and a strike at Boeing. Just how much? Some 30,000 of the "new" jobs were likely Boeing employees.
US jobs data cements Fed rate cut this month as debate turns to 2025 outlook
By Howard Schneider, Ann Saphir CHICAGO/PALO ALTO, California (Reuters) -Federal Reserve officials appear more likely to cut interest rates this month after data showed the U.S. labor market remained strong but continued to cool in November,
U.S. jobs data cements Federal Reserve rate cut this month
Federal Reserve officials appear more likely to cut interest rates this month after data showed the U.S. labor market remained strong but continued to cool in November, with a deeper debate to come next year over whether to pause further reductions in borrowing costs.
Jobs report stokes more bets on December Fed interest rate cut
The Bureau of Labor Statistics said 227,000 new jobs were created last month, a tally that topped Wall Street's 202,000 forecast and was well ahead of the upwardly-revised 36,000 reading from October,
Fed Officials Flag Inflation Concerns Ahead of Meeting on Rates
A string of up-and-down inflation readings in the second half of 2024 have Federal Reserve officials feeling less confident ...
USA Today1d
Fed minutes may show start of debate over how far to go on rate cuts
Capitalize on high interest rates: Best current CD rates Public commentary since ... If so, it may imply fewer Fed rate ...
The Fed shouldn't cut rates as inflation is rising, markets are too frothy, JPMorgan Asset Management bond expert says
Traders see an 88% chance the Fed will cut rates another quarter-point in December, according to CME FedWatch.
Why you should open a long-term CD before the December Fed meeting
The final Federal Reserve meeting of 2024 is set for 17. Here's why you should open a long-term CD before then.
Fed's Goolsbee hopes neutral can be in sight by late next year
Chicago Federal Reserve president Austan Goolsbee said that economic conditions will determine how fast the Federal Reserve ...
CNET on MSN1d
2025 Mortgage Predictions: Low Rates Aren't Likely to Return Under Trump
It would be nearly impossible for mortgage rates to fall as low as 3% with Trump's proposed economic policies.
HELOC interest rates fall to new 2024 low: Why you shouldn't wait to apply
With HELOC rates dropping to a 2024 low, it may not make sense for borrowers to wait longer to apply. Here's why.
Powell says Fed can afford to be a little more cautious
U.S. Federal Reserve Chair Jerome Powell on Wednesday said the economy is stronger now than the central bank had expected in ...
Fed's Powell says Trump's plans for tariffs, immigration won't impact interest rate move
Fed chief Jerome Powell said President-elect Donald Trump's tariff threats won't affect an interest rate decision this month.