After climbing an eighth of a point the previous day, rates on 30-year mortgages held steady Wednesday. But 15-year and jumbo 30-year rates eased lower.
Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) ...
October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting ...
The number of Americans applying for unemployment benefits fell to their lowest level in six months last week.
Mortgage rates, while still elevated, have fallen into the 6% to 7% range and should continue easing at a slow pace. But the ...
The producer price index — which tracks inflation before it hits consumers — rose 0.2% from September to October, up from a 0 ...
Traders remain confident that another quarter-point rate cut is coming in December, even if they are less sure about what will happen in the first half of 2025. The market is pricing in an 82% chance ...
This week Steve Grzanich is with Thought Leader Doug McClure (Senior Vice President and Team Leader, Commercial Banking ...
When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a ...
Atlanta housing market has picked up, in spite of higher interest rates, which makes the cost of buying a home more expensive for borrowers.
Wednesday's data showed consumer price pressures remain stubbornly above the Federal Reserve's target rate of 2%. And yet ...
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