A split Fed cuts interest rates
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The rate on a 30-year fixed refinance declined to 6.32% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.37%. For 20-year mortgage refinances,
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. courtneyk / Getty Images Each I bond's rate adjusts every six months. That means about one in six current I bond holders will see their ...
The unexpectedly low mortgage rates of the pandemic era, a fleeting economic silver lining, are unlikely to make a comeback—and for good reason. Economists warn that such rock-bottom rates, while seemingly advantageous for homebuyers, could spell trouble ...
WASHINGTON >> The Federal Reserve cut interest rates by half of a percentage point today, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that followed growing unease about the ...
Mortgage Research Center. Rates averaged 5.28% for a 15-year financed mortgage and 6.06% for a 20-year financed mortgage. Related: Compare Current Refinance Rates 30-Year Refinance Rates Drop 2.12%
Treasury Secretary Scott Bessent said Wednesday that short-term interest rates should be between 1.5 percentage points and 1.75 percentage points lower than their current level, keeping up the Trump administration’s pressure campaign on the Federal Reserve.
As mortgage rates surge, securing a lower rate may seem out of reach—especially in the 5 percent range. Fortunately, there are a few options for homebuyers looking to eke out a favorable rate. The average rate for a 30-year mortgage reached a six-month ...
Carrie Pallardy has more than nine years of experience writing about a range of topics, including healthcare and cybersecurity. Her expertise includes personal finance, insurance, real estate, and investing. She has a bachelor's degree from University of ...
The Georgia Department of Labor (GDOL) announced today that Georgia’s September 2025 unemployment rate was 3.4%, unchanged from August. The unemployment rate is one percentage point lower than ... mor
Virginia’s job market continues to demonstrate sustained strength, with more than 270,000 jobs added since this administration began.
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