In its first meeting of 2025, the Federal Reserve announced today that it will leave its benchmark interest rate unchanged. This follows three consecutive rate cuts, by half a percentage point in September and a quarter-point in both November and December.

Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market. A stock sell-off and a barrage of back-and-forth over executive

The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.

The market sputtered amid high mortgage rates, high prices, and homeowners with lower rates who have no plans to move.

The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of the year, giving themselves time to assess whether inflation is cooling and how President Donald Trump’s policies might impact the U.S. economy.

U.S. home sales haven't been this low in decades, according to data released Friday by the National Association of Realtors. "You had a perfect storm of everything coming together to undermine affordability,

Mortgage rates might drift downward in February after bumping against a ceiling in January.The 30-year fixed-rate mortgage peeked briefly above 7% in January, then promptly ducked lower. It loitered j

US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. Right ahead of the closing bell,

Listen to this article Let Trump be Trump. A campaign staffer’s now-famous motto during President Donald Trump’s 2016 bid for president nods to the mercurial nature of the real estate mogul and former reality television star — as well as a similar slogan from “The West Wing.

The average 30-year mortgage rate was 6.95% this week compared with 6.96% a week earlier, according to Freddie Mac data.

The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season.

Mortgage rates in the U.S. dropped for a second straight week. The average for 30-year loans was 6.95%, down from 6.96% last week, Freddie Mac said in a statement.