The average rate on a 30-year U.S. mortgage has fallen to its lowest level in nearly 10 months. The average rate dropped to 6 ...

Fed cuts would immediately make borrowing cheaper on credit cards and auto loans, since those products are based on the short ...

The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The ...

The average rate on 30-year fixed home loans increased to 6.86% for the week ending May 22, up from 6.81% last week, according to Freddie Mac. Rates averaged 6.94% during the same period in 2024.

According to St. Germain, the Fed is likely to prioritize its dual mandate of keeping inflation in check, even with the ...

The Federal Reserve held its benchmark interest rate steady again on Wednesday, leaving the federal funds rate locked in the same target range of 4.25% to 4.5% where it’s been since December. No ...

Average mortgage rates are relatively steady but elevated as of Wednesday, May 21, 2025, after a recent rate spike linked not only to last week's U.S. credit downgrade, which saw Moody's ...

July 7, 2025 / 4:33 PM EDT / CBS News A recent decline in mortgage interest rates may have buyers questioning the possibility of additional rate drops this July. Getty Images ...

Experts have tipped a flurry of rate cuts in the coming months, with the Reserve Bank of Australia expected to slash the cash ...