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News for: Interest Rates
Showing 289 - 312 of 464 results
Sep 5, 2025 1:23 PM
— Interest Rates
Why new unemployment data could cause mortgage rates to fall further
The article discusses how the recent increase in unemployment rate, combined with the possibility of an interest rate cut by the Federal Reserve, could lead to further decreases in mortgage rates. Lower mortgage rates may be on the horizon for buyers and homeowners due to potential actions by the central bank.
Sep 5, 2025 8:23 AM
— Interest Rates
Mortgage Rates Plummet Back to Fall 2024 Levels
The monthly jobs report came in lower than expected, causing a reaction in the bond market and resulting in a drop in top tier 30yr fixed mortgage rates from 6.45% to 6.29%.
Sep 5, 2025 6:23 AM
— Interest Rates
Another Weak Jobs Report. Another Bond Rally
The Non-Farm Payrolls report came in weaker than expected with negative revisions to previous months. Despite this, the unemployment rate suggests a softer labor market, leading to only a small drop in yields. Bond markets had already rallied in the days leading up to the report.
Sep 4, 2025 12:27 PM
— Interest Rates
Average rate on a 30-year mortgage drops to 6.5%, lowest level since last October
The average rate on a 30-year U.S. mortgage fell to 6.5% from 6.56% last week, giving prospective homebuyers more purchasing power. Borrowing costs on 15-year fixed-rate mortgages also decreased. Mortgage rates are influenced by factors like the Fed's interest rate policy decisions and bond market expectations. Rates have been declining due to expectations of the Fed cutting its benchmark short-te... more
Sep 4, 2025 12:24 PM
— Interest Rates
U.S. homeownership falls for first time since 2016
The article discusses a decline in the number of American households who are homeowners, likely due to high home prices and elevated interest rates. However, new residential construction increased, and mortgage rates dropped recently, encouraging homeowners to refinance. The Treasury Secretary mentioned the possibility of declaring a national housing emergency.
Sep 4, 2025 12:23 PM
— Interest Rates
Mortgage Rates Hit Another 2025 Low Ahead of a Potentially Volatile Friday
The last jobs report contributed to lowering the average 30yr fixed rate due to its weaker than expected results. The market is anticipating a Fed rate cut in the next meeting, keeping rates at recent lows. Today's data was in line with expectations, but traders are hedging against the possibility of labor market deterioration. Average 30yr fixed rates moved slightly lower to a new low for 2025.
Sep 3, 2025 1:30 PM
— Interest Rates
Mortgage application activity decreases despite lower rates
Despite the lowest interest rates in months, mortgage application volume declined for the third straight week leading up to Labor Day. The drop in refinance applications outweighed the increase in purchase volume as conventional rates rose week-over-week. The 30-year conforming fixed rate mortgage reached its lowest point since October 17th, partially due to bond traders pricing in a reduction in ... more
Sep 3, 2025 6:25 AM
— Interest Rates
Wall Street Prime Rate | WSJ Current Prime Rate Index
The article explains that The Wall Street Journal surveys large banks to set the consensus prime rate, which is the rate at which banks lend money to their most-favored customers. The prime rate will move up or down in line with changes by the Federal Reserve Board. Banks use the prime rate to set rates on consumer loan products like credit cards or auto loans.
Sep 2, 2025 1:25 PM
— Interest Rates
How low will mortgage rates fall with a September Fed rate cut? Here's what to know.
In September 2025, there is anticipation for a new interest rate reduction by the Federal Reserve due to concerns over unemployment and inflation. While this might impact various products and loans, the focus is on the mortgage and mortgage refinance climate. However, the impact on mortgage rates may be minimal at first, with only a 25 basis point cut expected, leading to rates in the range of 4.0... more
Sep 1, 2025 2:24 PM
— Interest Rates
High-Yield Savings Rates Today: September 1, 2025 | You Can Still Earn Up To 4.35% APY
Market watchers eagerly wait to see if the Federal Reserve will lower its benchmark rate at the upcoming meeting, which could lead to lower rates on loans. Savers may not benefit from a rate cut as it could result in declines in savings account interest rates. The top savings account APY is currently 4.35 percent. The Federal Reserve has not changed rates at its previous meetings but may consider ... more
Aug 29, 2025 3:23 PM
— Interest Rates
Trump says Fed rate cuts will make a solid US economy even better. Is he right?
President Donald Trump is trying to reshape the makeup of the Federal Reserve to push for aggressive rate cuts, believing that high mortgage rates are pricing out Americans from buying homes. While experts say lower rates may be necessary, cutting rates too quickly could lead to inflation and increased mortgage prices. The Fed is considering rate cuts due to weak labor market conditions, but Trump... more
Aug 29, 2025 12:14 PM
— Interest Rates
How Trump's Push To Remake The Fed Could Backfire On Your Wallet
President Trump is attempting to remove Fed governor Lisa Cook from her position due to allegations of fraud, despite Cook filing a lawsuit against the attempt. Political interference in the Fed could lead to higher interest rates and inflation, impacting consumers negatively. Trump's efforts to control the Fed could weaken its independence and harm the economy.
Aug 29, 2025 9:26 AM
— Interest Rates
PCE Inflation Offers No Surprises
The PCE inflation report is highly regarded by policymakers in the US and is easier to forecast compared to CPI. The latest PCE report showed no deviations from expectations, with all monthly and annual numbers matching forecasts. One interesting development is the 'supercore' reading, which was slightly lower in PCE compared to CPI, indicating slightly better inflation numbers that may influence ... more
Aug 29, 2025 3:30 AM
— Interest Rates
Mortgage rates hit 10-month low as Powell hints at Fed cut
Jerome Powell's indication of a short-term rate cut in September drove mortgage rates down slightly. Despite some fluctuation, rates generally remained steady throughout the week. Zillow forecasted that further rate declines are unlikely and that affordability remains a concern for buyers. The impact of Powell's comments on the housing market is expected to be gradual.
Aug 29, 2025 3:27 AM
— Interest Rates
Fairly Steady After Glut of Low-Consequence Data
Today's economic calendar looks robust on paper with quarterly GDP results and important inflation index like PCE prices, but the data released today is not capturing recent July inflation data. Jobless Claims data is not significant today. Yields remain within post-NFP range but show a friendlier trend after last week's Jackson Hole speech.
Aug 29, 2025 3:25 AM
— Interest Rates
What happens if the Fed slashes rates to 1% like Trump wants?
President Trump desires lower interest rates and wants the Federal Reserve to cut the federal funds rate to 1%. If this were to happen, government bond yields would drop, leading to lower interest rates across various types of credit such as auto loans and business loans. However, this could also result in higher inflation and ultimately cause mortgage rates to go up, making it more expensive for ... more
Aug 27, 2025 3:24 AM
— Interest Rates
Are You Losing Money In Your High-Yield Savings Account?
Many savers are finding that the yields on their high-yield savings accounts have decreased significantly over the past few years, impacting their earnings. This is due to banks adjusting their rates based on the federal funds rate. Savers are advised to regularly check their rates and consider alternatives like CDs, T-bills, or brokerage-linked accounts to maximize returns. It is recommended to m... more
Aug 26, 2025 3:28 AM
— Interest Rates
High-yield savings rates today: August 25, 2025 | Savers enjoy yields surpassing 4%, but likely not for long
High-yield savings account interest rates have been strong due to the Federal Reserve's tighter monetary policy. However, experts anticipate a rate cut in the near future, which could lower savings yields. The Fed's decisions directly impact how much individuals can earn on their savings accounts, and economists predict at least one rate cut by the end of 2025. Savers should take advantage of the ... more
Aug 25, 2025 6:23 PM
— Interest Rates
Trump fires Fed governor from Michigan, opening new front in fight for control over central bank
President Trump fired Federal Reserve Governor Lisa Cook due to allegations of mortgage fraud made by a Trump appointee. Cook was accused of claiming two primary residences to receive better mortgage terms. The firing may lead to a legal battle and can disrupt financial markets, potentially causing interest rates to rise. Trump's actions are seen as an attempt to appoint a loyalist who would suppo... more
Aug 25, 2025 12:24 PM
— Interest Rates
Mortgage Rates Edge Slightly Higher From Long-Term Lows
After Fed Chair Powell's speech at Jackson Hole last week, rates fell to their lowest levels since October 3rd, 2024, hinting at a potential September rate cut. However, rates mildly corrected today, with conventional 30yr fixed rates moving back up slightly while still near 10-month lows. Mortgage rates are more influenced by Fed rate expectations in the marketplace rather than actual Fed Funds R... more
Aug 25, 2025 4:23 AM
— Interest Rates
Ask an Advisor: As Interest Rates Fall, Is There a Better Way to Invest My $250K That's '100% Safe?’
A 66-year-old individual is looking for a 100% safe investment option as interest rates decline. The article suggests that interest-bearing investments are the safest option, but the tradeoff is lower returns tied to prevailing interest rates. It recommends working with a financial advisor to evaluate risk tolerance and align investment portfolios accordingly. It also discusses the tradeoff betwee... more
Aug 22, 2025 2:24 PM
— Interest Rates
Jackson Hole Speech Delivers
Powell's speech at Jackson Hole conference hinted at a potential rate cut in September due to concerns about full employment and transitory inflation. This led to a rally in bonds with MBS and 10yr yields decreasing.
Aug 22, 2025 2:23 PM
— Interest Rates
Federal Reserve set to cut interest rates – but still Trump won’t be happy
The Federal Reserve is considering cutting interest rates again in the fall, potentially not returning to pre-pandemic levels. Higher rates could lead to more expensive loans like mortgages, further impacting struggling Americans trying to purchase homes. The Fed is trying to find a balance between rates too high that could lead to unemployment and rates too low that could cause inflation. Trump's... more
Aug 22, 2025 12:23 PM
— Interest Rates
Lowest Rates of The Year (Barely) After Powell Speech
Fed Chair Powell's speech at the Jackson Hole Symposium suggested a potential rate cut in the near future due to weak jobs numbers, leading to a significant drop in mortgage rates - the biggest since August 1st.
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The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 800 lenders. LoanGlass does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 800 lenders. LoanGlass does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.