Browsing: rates

I feel like I haven’t written a word about mortgage rates since the government shutdown began.Part of that is because once the government closed shop, we…

High-yield savings account and one-year CD rates were unchanged from yesterday. Top accounts remain competitive.The average high-yield savings APY is 3.89% (unchanged from yesterday).The average 1-year…

Susan Collins, president and chief executive officer of the Federal Reserve Bank of Boston, during a Bloomberg Television interview at the Kansas City Federal Reserve’s Jackson…

If you recall during the campaigning leading up to the 2024 election, Donald Trump promised to return mortgage rates to 3%, or even lower.To anyone with…

Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U.S. interest rates lower.In a speech delivered for an audience…

Today, mortgage rates slid back to where they were last week.The average interest rate on a 30-year, fixed-rate mortgage dropped to 6.14% APR, according to rates…

One mortgage lender I’ve seen advertising a whole lot lately goes by the name “Mutual of Omaha Mortgage.”I believe they originally focused on reverse mortgage lending,…

Well, it happened again. The Fed cut rates and mortgage rates surged higher.Not the first time and surely won’t be the last.I warned this could happen,…

Well, it’s Fed Day again. That means we’re going to get another decision from the Federal Reserve today.At last glance, the odds of another 25-basis point…

Mortgage rates fell for the fourth consecutive week, finally nearing 6% for the first time since September 2024. Lenders and analysts have been anticipating that the…