For the month, goods prices continued on their firming trend, with the 0.5% increase the largest in about a year; service costs moved in the other direction, rising just 0.2%, half the December rate. All that said, core PCE is the metric the Fed closely track; this measure removes the...
Why mortgage rates rose after falling Mortgage rates dropped after the Fed's interest rate cut announcement in September. Although rates appear to have slightly risen since dropping to a record two-year low, experts still believe they will trend down if the U.S. economy remains stable. Bankra...
Average mortgage interest rate in the UK 2010-2024, per quarter Published by Statista Research Department, Jan 28, 2025 Mortgage interest rates in the UK were on a downward trend for more than a decade before soaring in 2022. In the second quarter of 2024, the average weighted interest ...
In December 2022, the Federal Reserve made the decision to dial down the pace of interest rate hikes, cutting the fed funds rate by only 50 basis points (0.50%). This trend of dialing back has persisted into 2023, evidenced by four adjustments of 25 basis points (0.25%) in January, Ma...
Unfortunately, that's been a trend so far in 2025 and it's... Mortgage Rates Rise to Match 6 Month Highs Tue, Jan 7 2025, 3:36 PM We came into the current week knowing that rates would take cues from any clear cues in this week's economic data. In general, that means ...
While most borrowers today have mortgages with already-low rates, there are still some instances when refinancing might make sense — especially with rates expected to trend down in the next year or two. If you’re considering refinancing, think about your goals. Do you want to save money?
In this article, we break down what the current average mortgage rates are in the UK and explain what's happening in the mortgage market.
Mortgage rates look to be on a bit of a see-saw as inflationary tariffs are put into effect. I think the general trend at the moment is downward but not by much as we already had a nice drop in rates last week.Ken Johnson Walker Family Chair of Real Estate, University of Mississippi...
Reserve’s interest rate policy, employment rate, the Consumer Price Index, and the yields of 10-year treasury bonds. Mortgage rates are not directly tied to any of these factors but are indirectly influenced by their current levels and consensus predictions on how they will trend in the near...
Reserve’s interest rate policy, employment rate, the Consumer Price Index, and the yields of 10-year treasury bonds. Mortgage rates are not directly tied to any of these factors but are indirectly influenced by their current levels and consensus predictions on how they will trend in the near...