Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve policymakers to puzzle over the need for more interest rate cuts in a strong economy.
Last year, the path to lower mortgage rates seemed relatively straightforward: Official inflation would go down, the Federal ...
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," ...
Unfortunately, if you’re among the half of credit cardholders who carry debt from month to month, you’re unlikely to catch ...
Since summer 2023, you could earn more with a high-yield savings account than the best money market account. But that changed ...
The Fed's latest meeting minutes showed concern that inflation could remain sticky, partly because of Trump's trade policy.
If you want to avoid uncertainty and preserve the rate in your mortgage loan offer, get a mortgage interest rate lock. Interest rate locks can offer peace of mind to borrowers, but they are ...
Even though their mortgage rate is low, they want to pay it off early so they can retire without the monthly expense.
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