Later today, we'll get a sense of where mortgage interest rates are right now from the Mortgage Bankers' Association. There are a lot of factors that go into mortgage interest rates, according to Jessica Lautz, vice president of research at the National Association of Realtors. Yes, Federal Reserve policy is one part.
Economic News
The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year, as concern grows at the central bank about the health of the nation's labor market.The move is the Fed’ s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Before the meeting, investors had projected five…
TAMPA, Fla.— The Federal Reserve announced it has cut interest rates for the first time in months. The Federal Open Market Committee said that as job gains slow and inflation still rises, it is working to achieve "maximum employment" and an inflation rate of 2% in the long run. The Federal Reserve said the economic outlook is still uncertain as its growth has "actively…
U.S. stocks churned between gains and losses, but they ultimately remained near their record levels. Stocks initially rose and bond yields fell after officials at the Federal Reserve indicated they may cut interest rates several more times by the end of 2026. But they snapped back after Fed Chair Jerome Powell warned not to take the projections as gospel.
Monroe Capital LLC announced today that Chairman and CEO Ted Koenig is amplifying his perspective on Federal Reserve independence and the prudent path for interest-rate adjustments as attention to monetary policy intensifies across markets. With the Federal Reserve scheduled to issue its policy statement on September 17, 2025, market consensus points…
The Federal Reserve announced a quarter-percentage-point rate cut on Wednesday, after taking a wait-and-see approach to President Donald Trump's sweeping tariffs. The FOMC said the decision was in "light of the shift in the balance of risks. Trump's newest appointee to the FOMC, Stephen Miran, was the only member to oppose the move.
Monrovia, Liberia; September 16, 2025- The Central Bank of Liberia has assured the public that there is no shortage of Liberian dollars in the economy and that all commercial banks are required to honor customers' withdrawals on demand. Despite this reassurance, many Liberians claim that the recent decline in the U.S. dollar exchange rate has not resulted in…
The Federal Reserve: These are words heard often on the news, usually in connection with interest rates, but what does the Federal Reserve actually do? Prior to her stint at the Federal Reserve, Briggs worked as a reporter, a television/radio host, and as press secretary for a gubernatorial candidate. Briggs began her talk by answering the big question: What is the…
For the first time in nine months, the Federal Reserve on Wednesday lowered its key interest rate, a quarter-percentage point cut likely to only slightly lower borrowing costs for consumers buying items big and small. “Rate cuts are welcome news for Americans with debt, but one small reduction won’ t make much difference when bills come due,” said Matt Schulz, chief…
The following information was released by the U.S. House of Representatives Committee on Financial Services:. "For too long, the Federal Reserve has been stretched between competing objectives. I thank my friends and colleagues, Rep. Donalds and Rep. Stutzman, for leading this effort with me. "
The following information was released by the U.S. Senate Committee on Banking, Housing, and Urban Affairs:. United States Senator Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee released the following statement:. The Fed has no choice but to cut interest rates to protect American jobs, but make no mistake, that alone…
—Federal Reserve cuts key rate by a quarter-point and signals two more cuts by year end.
—The Federal Reserve is expected to cut its benchmark interest rate Wednesday for the first time in nine months. The federal funds rate, set by the Federal Reserve, is the rate at which banks borrow and lend to one another. The Fed has two goals when it sets the rate: one, to manage prices for goods and services, and two, to encourage full employment.
Markets are firmly in wait-and-see mode as the Federal Reserve concludes its September meeting today, with the outcome expected to shape sentiment across equities, bonds, and currencies into year-end. A 25 basis point rate cut is widely anticipated, but investors will be looking well beyond the headline move. The Expected Decision and Potential Dissents Markets…
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The Federal Reserve on Wednesday is expected to announce fresh rate cuts in the wake of U.S. President Donald Trump's demands to do so amid ongoing tariff worries and its impact on the American economy. On Monday, Trump's newly appointed member to the Federal Reserve Stephen Miran was confirmed by the GOP- controlled Senate in a 48-47 vote. Powell did not give…
Any pullback at this point in time will more likely than not find buyers underneath willing to get involved, as if the United States continues its tariffs against India, is most certainly going to cause more problems for India that it is the United States. Simply put, the United States does not do that much business with India that would impact its domestic economy.
With the Federal Reserve expected to deliver its first rate cut in nine months, likely 25 basis points, Las Vegas- area mortgage adviser Matt Hennessy explained that, although mortgage rates don "t move in lockstep with Fed decisions, they have been steadily trending lower in the second half of 2025.. Hennessy, a Las Vegas native, has etched out a career of more than 25…
CHICAGO: The Border Patrol agent who led the Los Angeles immigration crackdown reached Chicago on Tuesday, potentially signaling a new, more aggressive phase to an enforcement surge announced last week in the third-largest U.S. city. FEDERAL RESERVE: After a late-night vote and last-minute ruling, the Federal Reserve began a key meeting on interest rate…
—U.S. stocks churned between gains and losses on Wednesday but ultimately remained near their record levels. The swings came after the Federal Reserve cut its main interest rate for the first time this year. That move was no surprise for Wall Street, which was widely expecting it.
