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News for: Interest Rates
Showing 457 - 464 of 464 results
May 6, 2025 6:00 PM — Interest Rates
China announces sweeping measures to ease policy in bid to shore up trade-war hit economy
China's central bank and financial regulators announced policy steps including interest rate cuts to bolster the economy amid trade worries. The measures include reducing mortgage rates for first-time homebuyers by 25 basis points. These measures may have limited impact on boosting credit demand as borrowing has been insensitive to interest rates. China is also preparing more measures to support s... more
May 5, 2025 5:00 AM — Interest Rates
When does the next Fed meeting take place?
The article discusses the recent actions of the Federal Open Market Committee (FOMC) in adjusting the federal funds rate, including a series of rate cuts in 2024. It also highlights the upcoming FOMC meeting in May 2025, where experts expect the Fed to hold the rate steady. The article suggests that home buyers should consider locking in high rates for CDs, refinancing fixed-rate loans, and timing... more
May 3, 2025 5:00 AM — Interest Rates
Trump just said there's 'no inflation' in the US. But it's still higher than what the Fed wants.
President Donald Trump has been advocating for the Federal Reserve to cut interest rates, citing improvements in the economy such as lower gas prices, groceries, energy, and mortgage rates. However, despite Trump's claims, consumer prices have still been rising and inflation remains above the Fed's target of 2%. Mortgage rates have indeed decreased, but other statistics shared by Trump, such as ga... more
May 2, 2025 2:00 PM — Interest Rates
Investor Demand for MSRs Expected to Remain Elevated
The article discusses how mortgage rates have been on the rise, reaching the highest levels in years. This increase in rates is expected to impact home buyers, making it more expensive to purchase a home. As a result, potential buyers may have to reconsider their budgets or search for more affordable housing options. The rise in mortgage rates is attributed to various factors, including inflation ... more
Apr 28, 2025 9:38 AM — Interest Rates
High-Yield Savings Rates Today: April 28, 2025 | APYs Are Expected To Stay Elevated
The article discusses the impact of President Trump's urging of the Federal Reserve Chair to lower interest rates on the stock market. However, the Chair indicated that rates will only be lowered when the economy is ready. This is good news for high-yield savings accounts, as yields may stay high for a while longer. The top yields on savings accounts currently exceed 4 percent APY. BrioDirect's hi... more
Apr 27, 2025 9:37 AM — Interest Rates
China may make a ‘retaliatory’ move that experts say will ‘hit' US homeowners 'hard.' Here's what's happening
Mortgage rates are climbing due to a sell-off in U.S. Treasury bonds, which could be exacerbated by a sell-off in China. This could lead to higher mortgage rates for homebuyers, especially those with variable-rate mortgages. Rising rates could also lead to a reduction in demand and lower housing prices, potentially causing some buyers to be priced out of the market. Lenders may also tighten lendin... more
Apr 25, 2025 3:51 AM — Interest Rates
Home costs fell in March, but will it last?
Stable interest rates in March led to an increase in housing affordability for buyers, with the median monthly payment decreasing. However, in April, mortgage rates have been on the rise, potentially impacting home sales activity. Rising home prices have led to an increase in the number of cities where starter homes cost over $1 million. Despite this, more homes are entering the market, giving buy... more
Apr 7, 2025 5:01 AM — Interest Rates
How Trump's wild tariff ride has changed mortgages
President Trump's tariff decisions are causing uncertainty in the mortgage industry, with mortgage rates increasing as a result. This has a direct impact on home buyers, as they have seen fluctuations in mortgage rates based on the president's tariff strategy. The article also discusses various legal battles and budget cuts within the industry, as well as initiatives to attract and support top tal... more
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