MarketWatch14d
The Fed’s rate cuts were supposed to make borrowing cheaper. So why is it harder than ever to buy a house?
The Federal Reserve cut its benchmark interest rate for the third time this year on Wednesday as its effort to control inflation continued. Though rate cuts have made the cost of borrowing ...
The Indian Express16d
As rupee hits new lows, real effective exchange rate soars to an all-time high
The rupee is hitting fresh lows against the US dollar each day, yet its exchange rate has scaled an all-time-high in “real effective” terms. The real effective exchange rate (REER) index of the rupee ...
USA Today17d
Mortgage rates end 2024 on a high note – unfortunately for the housing market
Mortgage rates ended 2024 with a bang – but not the kind that’s good for borrowers. And for anyone in the market for a home – or a refinance – 2025 may not be much kinder. In the week ...
Associated Press17d
Average rate on a 30-year mortgage climbs to 6.85%, highest since July, as bond yields keep rising
Monday, Dec. 16, 2024. (AP Photo/Nam Y. Huh) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] WASHINGTON (AP) — The average rate on a 30-year mortgage in the U.S. rose for the ...
Investopedia17d
What's the Outlook for Interest Rates in 2025?
Investopedia / Photo Illustration by Alice Morgan / Getty Images The Federal Reserve expects to cut its influential federal funds rate at a slower pace in the new year than previously anticipated.
Associated Press17d
Turkey’s central bank lowers key interest rate to 47.5%
Copyright 2025 The Associated Press. All Rights Reserved. A man carries goods at Eminonu commercial area, in Istanbul, Turkey, Thursday, Dec. 26, 2024 as Turkey’s ...
ABC News17d
Average rate on a 30-year mortgage climbs to 6.85%, highest since July
The average rate on a 30-year mortgage is now the highest it’s been since the week of July 11, when it was at 6.89%. It dipped as low as 6.08% in September — a 2-year low — and as high as 7. ...
Boston.com18d
Average rate on a 30-year mortgage climbs to highest point since July
WASHINGTON (AP) — The average rate on a 30-year mortgage in the United States rose for the third straight week to its highest level since mid-July, reflecting a recent jump in the bond yields ...
The Australian Financial Review19d
Soft wages, growth revive chances of first RBA rate cut in February
The Reserve Bank of Australia has signalled it could be ready to cut interest rates as soon as February if inflation and unemployment data meet or come in softer than expectations, bolstering the ...
FXStreet23d
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Wall Street Journal23d
The Fed Cut Rates. Mortgage Costs Went Up.
Hopes were high that the Federal Reserve could make homes more affordable by cutting interest rates. So far, mortgage rates are rising instead. Average 30-year mortgages have climbed to around 6.7 ...
Investopedia24d
The Fed Has Lowered Rates Again. Does That Mean 2025 Mortgage Rates Will Fall?
VioletaStoimenova / Getty Images The Federal Reserve on Wednesday announced its third consecutive rate cut, lowering its benchmark interest rate another quarter point. But the Fed's rate is just ...