Mortgage rates inch up to a 3 month high ahead of Fed meeting

Mortgage rates increase for the fifth straight week — but there’s good news

The 30-year mortgage rate is averaging 6.72%, Freddie Mac said in its latest weekly survey on Thursday.

Business - MarketWatch - 6 days ago

Average rate on a 30-year mortgage in the US rises for fifth straight week

The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August

Weekly mortgage demand tanks 11% as interest rates surge higher

Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.

Business - CNBC - 6 hours ago

Mortgage rates surge higher on Trump victory, causing housing stocks to fall

Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.

Business - CNBC - 1 hour ago

Why you should open a CD before the November Fed meeting

The benefits of opening a CD could soon be waning. Here's why you should open one before the November Fed meeting.

Meet Michelle Bowman, the Fed Official Cited by JD Vance

Michelle Bowman, a Trump-appointed Fed official recently cited by JD Vance, has been gaining prominence.

Business - The New York Times - October 15

Why you should open a $10,000 CD before the November Fed meeting

For many savers, it makes sense to deposit $10,000 into a CD before the next Federal Reserve meeting. Here's why.

Bond-market ‘vigilantes’ appear to be in ‘driver’s seat’ before election, Fed meeting

Ahead of U.S. Election Day and the Federal Reserve’s decision on interest rates, “bond vigilantes” appeared to be in “the driver’s seat” for the market, according to Yardeni Research.

Business - MarketWatch - Yesterday

Fed’s Waller calls for rate cut caution after ‘disappointing’ data

Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcome

World - Financial Times - October 15

Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.

Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”

Business - The New York Times - October 15

Top Trump economic adviser says big Fed rate cut was justified

Kevin Hassett is contender to replace Jay Powell as US central bank chair if Republican wins election

Business - Financial Times - October 18

The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut

Strong economic data and a still-hot economy has made some experts wonder whether the central bank made the right call with its jumbo rate cut.

Business - Inc. - October 18

Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.

Business - CNBC - 6 days ago

Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

Inflation increased slightly in September and moved closer to the Federal Reserve’s target, according to a Commerce Department report Thursday.

New U.S. economy data before next Fed interest rate decision

The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.

Fed poised to look past US election uncertainty with quarter-point rate cut

Central bank expected to stay the course despite a distorted jobs report and unclear path for economic policy

Business - Financial Times - 3 days ago

Will gold's price fall after this week's Fed rate cut?

The Fed rate cut could have a big impact on gold prices this week, but that impact may not be what you'd expect.

Why you should open a CD even as the Fed continues to cut rates

An additional Federal Reserve rate cut is expected to be issued this week. Here's why you should open a CD anyway.

Here's what to expect with the Fed's rate cut decision on Thursday

The Federal Reserve will make a rate cut decision on November 7. Here's what economists expect.

Fed May Cut Rates in Response to Tight Credit Conditions

This week, the central bank will likely announce reduced interest rates as low demand for loans continues.

Business - Inc. - 57 minutes ago

Should you lock in a mortgage rate after the November rate cut? Experts weigh in

Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.

Biden meets with world leaders ahead of the election

President Biden met with world leaders in Germany on Friday. The leaders now wondering what their relationship with the United States will look like after the upcoming election. NBC’s Aaron ...

Politics - NBC News - October 19

Controversial taunting call sets up go-ahead first-half TD in No. 4 Ohio State's win over No. 3 Penn State

PSU's Elliot Washington II was called for taunting after stepping over OSU's Carnell Tate.

Sports - Yahoo Sports - 4 days ago

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.

Business - CNBC - 5 days ago

Latest in Mortgage rates inch up to a 3 month high ahead of Fed meeting

Mortgage rates increase for the fifth straight week — but there’s good news

Average rate on a 30-year mortgage in the US rises for fifth straight week

Weekly mortgage demand tanks 11% as interest rates surge higher

Mortgage rates surge higher on Trump victory, causing housing stocks to fall

Why you should open a CD before the November Fed meeting

Meet Michelle Bowman, the Fed Official Cited by JD Vance

Why you should open a $10,000 CD before the November Fed meeting

Bond-market ‘vigilantes’ appear to be in ‘driver’s seat’ before election, Fed meeting

Fed’s Waller calls for rate cut caution after ‘disappointing’ data

Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.

Top Trump economic adviser says big Fed rate cut was justified

The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut

Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

New U.S. economy data before next Fed interest rate decision

Fed poised to look past US election uncertainty with quarter-point rate cut

Will gold's price fall after this week's Fed rate cut?

Why you should open a CD even as the Fed continues to cut rates

Here's what to expect with the Fed's rate cut decision on Thursday

Fed May Cut Rates in Response to Tight Credit Conditions

Should you lock in a mortgage rate after the November rate cut? Experts weigh in

Biden meets with world leaders ahead of the election

Controversial taunting call sets up go-ahead first-half TD in No. 4 Ohio State's win over No. 3 Penn State

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

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