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.
Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again on December 18 to 4.25% to 4.5%, according to fixed income markets.
Fed's Musalem expects more rate cuts, keeping options open on December meeting
St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will be able to continue to cut interest rates but warned the pace of future actions has grown less clear.
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.
Will Fed's rate cuts signal lower car loan rates ahead?
With car prices and loan rates high, buyers hope federal interest rate cuts will lower car loan payments, easing financial strain.
Why Powell and the Fed should pause interest-rate cuts in December
One key reason given by Fed officials for continuing to lower rates is that they are now “restrictive,” or so high that t
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,
Jobs Report Nudges Fed Toward a Cut, But Inflation Test Remains
The latest snapshot of the US labor market nudged the Federal Reserve closer to lowering interest rates later this month, but didn’t quite seal the deal with a key inflation report looming.
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,
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.
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.
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.
Fed's Bowman, worried by inflation, calls for caution on rate cuts
Federal Reserve Governor Michelle Bowman said on Friday that inflation risks to the economy remain real and labor market data ...
High Interest Rates Could Push Fed Chief Powell into Clash with Trump
Fed chief Jerome Powell may clash with President-elect Donald Trump over high borrowing costs, according to analysts.