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News for: Interest Rates
Showing 313 - 336 of 398 results
Jun 24, 2025 8:00 AM
— Interest Rates
Rally Continues as Powell Shows a Path to Rate Cuts
Federal Reserve Chairman Powell's remarks during congressional testimony suggest a potential for rate cuts in the near future if data on tariffs does not show up in June.
Jun 24, 2025 3:00 AM
— Interest Rates
High-yield savings rates today: June 23, 2025 | Best APY remains 4.30% after Fed’s latest rate decision
Federal Reserve officials have decided to keep interest rates steady at a range of 4.25-4.5 percent, which has caused high-yield savings account rates to somewhat stabilize. Several banks are offering competitive rates for high-yield savings accounts. The Fed's rate decision, along with projected rate cuts, could continue to impact interest rates on savings accounts. Savers are benefiting from rat... more
Jun 23, 2025 1:00 PM
— Interest Rates
High rates, prices keep existing home sales muted
Existing home sales in May were slightly stronger than expected but still slower than last year's pace. Median existing home sales price reached a new record high of $422,800. NAR Chief Economist Lawrence Yun stated that lower mortgage rates are needed to boost sales and economic growth. Fannie Mae adjusted its forecast for existing home sales to 4.14 million and predicted 30-year mortgage rates t... more
Jun 23, 2025 12:00 PM
— Interest Rates
Mortgage Rates Lowest Since May 1st
Mortgage rates ended the week at their best levels since May 1st, with a small improvement marking it official. Bond market trading levels played a significant role in these rates, with several factors impacting them such as U.S. involvement in conflicts between Israel and Iran and comments by Fed Vice Chair Bowman hinting at potential rate cuts in July.
Jun 23, 2025 3:04 AM
— Interest Rates
Mortgage pros share tips for riding out volatility
Mortgage lenders are currently experiencing unprecedented levels of volatility driven by geopolitical tensions, trade policy shifts, and global headlines. Despite this, the 30-year fixed-rate mortgage has remained relatively stable since a post-tariff spike. While Agency mortgage-backed securities have slipped since April, the rates are still lower compared to last year. The 30-year FRM has stayed... more
Jun 21, 2025 5:02 AM
— Interest Rates
Underwhelming (But Friendly) Conclusion
This week did not offer much excitement in the mortgage market as rates remained near the lower end of recent ranges. Bond yields initially looked like they may rise, but reversed course after dovish comments from Fed's Waller and a beneficial European close. Overall, rates were moderately weaker overnight, bounced back slightly after morning data, and ended the day in modestly stronger territory.
Jun 19, 2025 6:00 PM
— Interest Rates
China keeps key lending rates steady after May cut as trade deal with U.S. eases growth worries
China kept its benchmark lending rates unchanged after recent monetary easing measures and a trade deal with the U.S. eased growth concerns. The 1-year LPR stayed at 3.0% and 5-year LPR at 3.5%. The trade truce has allowed Beijing to support its currency and reduce pressure on foreign exchange. Chinese policymakers are satisfied with current monetary policy outcomes.
Jun 18, 2025 9:00 AM
— Interest Rates
What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
The article discusses how the central bank's interest rate decisions impact various financial products such as car loans, credit cards, mortgages, savings accounts, and student loans.
Jun 18, 2025 8:02 AM
— Interest Rates
Once Again: Today is Not About a Fed Rate Cut
The Federal Reserve is not expected to cut rates, as the labor market is strong and there is no significant inflation. The market is confident in the Fed's course of action, with focus now on the dot plot and press conference.
Jun 18, 2025 4:00 AM
— Interest Rates
Mortgage demand drops, even as rates fall to the lowest since April
Weak consumer sentiment is impacting the housing market, with a 3% decrease in mortgage applications to purchase a home last week. The average contract interest rate for 30-year fixed-rate mortgages also decreased. Refinance activity declined for both conventional and government borrowers, but VA applications increased. Mortgage rates have not moved much, but there may be more reaction after the F... more
Jun 18, 2025 3:00 AM
— Interest Rates
High-yield savings rates today: June 16, 2025 | Many banks are still offering a top yield of 4.30% APY
The annual inflation rate increased to 2.4 percent in May, potentially leading the Federal Reserve to hold off on cutting its benchmark federal funds rate. High-yield savings accounts offer a safe way to earn interest, with top yields remaining at 4.30% APY as of mid-June. With inflation on the rise, experts expect the Fed to keep interest rates steady, providing more time to assess the impact of ... more
Jun 17, 2025 10:24 AM
— Interest Rates
No Fed rate cut until September at earliest, economists say
Economists surveyed by Wolters Kluwer do not expect the Federal Reserve to cut short-term rates at its upcoming meeting, and only a small percentage of them expect any action to be taken in July. Treasuries slumped after US job and wage growth led to reduced expectations of a rate cut by the Federal Reserve. Despite positive economic data, concerns about the economy's direction persist among consu... more
Jun 17, 2025 8:23 AM
— Interest Rates
The Fed is set to make its next rate decision on Wednesday. Here's what to expect.
The Federal Reserve Bank is expected to keep its benchmark rate steady at 4.25% to 4.5% amidst uncertainty about the impact of President Trump's economic policies, especially his tariffs. The decision is anticipated to be unanimous, with a 97.5% probability of maintaining the current range. While the decision is good news for savers, borrowers can expect high credit card rates, auto loans, and mor... more
Jun 16, 2025 8:00 AM
— Interest Rates
Federal Reserve is likely to hold interest rates steady this week. Here's what that means for your money
Despite political pressure against the Federal Reserve Chair Jerome Powell, the Federal Reserve is expected to hold interest rates steady. Consumers are struggling with high prices and borrowing costs, with credit card rates remaining high even with the Fed on the sidelines. Mortgage rates have not moved much and remain near 6.9%, impacting potential buyers. Auto loan rates are rising due to incre... more
Jun 15, 2025 6:00 AM
— Interest Rates
'It makes sense to be on hold': Why Wall Street strategists think Fed rate cuts aren't coming anytime soon
The article discusses how recent economic data, including inflation moderation and rebounding consumer sentiment, support the Federal Reserve's path towards easing interest rates. However, there is uncertainty regarding the scope and impact of President Trump's tariffs, which could affect the Fed's decision on rate cuts. Market observers are increasingly confident that rate relief is imminent, wit... more
Jun 11, 2025 1:00 PM
— Interest Rates
Mortgage Rates Fall as Inflation Data Comes in Soft
After a calm start to the week, on Wednesday there was increased volatility in the bond market following the release of lower-than-expected inflation data. This led to an improvement in bonds and subsequently lower mortgage rates for consumers. The 10-year Treasury auction also took place, adding some benefit to the market. Mortgage rates are currently back in line with levels seen on June 5th.
Jun 11, 2025 7:01 AM
— Interest Rates
CPI Comes in Low Enough to Help
Today's CPI data showed a monthly core number of 0.1 vs 0.3, leading to a limited response in the market. Despite the lower inflation numbers, Fed Funds Futures did not react much and 10-year yields only dropped slightly before bouncing back.
Jun 10, 2025 1:00 PM
— Interest Rates
Multifamily Delinquencies Are Now Higher than During the Great Recession
Fannie Mae and Freddie Mac report a rise in serious delinquencies in multifamily mortgages in April. Delinquency rates have been increasing since the end of 2022, reaching multiyear highs. The Mortgage Bankers Association also reported an increase in commercial mortgage delinquencies, especially in CMBS. The rise in multifamily delinquencies is likely due to increasing interest rates, making it ha... more
Jun 10, 2025 7:01 AM
— Interest Rates
The Housing Market Just Flipped – Sellers Panicking!
The article discusses the potential impact of rising interest rates on the housing market and mortgage lending. It highlights how higher interest rates can lead to increased mortgage costs for borrowers and potentially slow down the housing market.
Jun 9, 2025 8:00 AM
— Interest Rates
Best CD Rates Today: June 9, 2025 | Top APY Holds Steady At 4.49%
A certificate of deposit (CD) is a savings account with a fixed interest rate for a specific term. The top CD rates have remained steady in June, and upcoming Federal Reserve decisions may provide more stability. Opening a CD requires personal information and funding with at least the minimum balance. CD rates are influenced by Federal Fund rate changes.
Jun 8, 2025 7:00 PM
— Interest Rates
Economist's jumbo $128 RBA interest rate prediction in weeks: 'No need to wait'
Top economists are calling on the Reserve Bank of Australia to deliver a jumbo cash rate cut in July due to weak economic growth and cautious consumer spending. The proposed 35 basis point rate cut would provide additional savings for mortgage holders compared to previous cuts. Economists believe that a larger rate cut is necessary to move the cash rate to a more neutral level and support the econ... more
Jun 5, 2025 3:00 PM
— Interest Rates
How the Trump/Musk dispute could influence mortgage rates
President Trump and Elon Musk's conflict could impact mortgage rates in the future, with minor upticks already seen in response to economic data. Musk's influence on the proposed tax bill and trade talks may have implications for mortgage rates. The Trump administration is pressuring Powell to lower interest rates.
Jun 4, 2025 3:24 PM
— Interest Rates
Big Bond Rally After ADP and ISM
Weak economic data, including ADP Employment and ISM Services reports, led to improvements in rates and yields. The market reacted positively to the data, with MBS and 10yr yields experiencing gains. However, if the upcoming jobs report does not agree with the ISM data, bonds may have to give back some of the gains.
Jun 3, 2025 1:00 PM
— Interest Rates
Uneventful Day For Mortgage Rates
Economic reports, like the Job Openings and Labor Turnover Survey (JOLTS), have the potential to influence mortgage rates. Despite some volatility, the mixed message from the JOLTS report ultimately led to rates staying in line with the previous day's levels.
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The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 750 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 750 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.