Latest in Rate Underscores Vast
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The average rate on a 30-year mortgage in the US slips to 6.78%
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climbTop stories - ABC News - 18 hours ago -
Hochul Brings Back NYC Congestion Pricing Plan at $9 Rate Instead of $15
The governor is renewing plans to start the tolling program, but at discounted rates. Ms. Hochul said it will generate $15 billion for mass transit.Top stories - The New York Times - 10 hours ago -
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.Business - MarketWatch - 13 hours ago -
Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.Business - The New York Times - 14 hours ago -
Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.Business - CNBC - 14 hours ago -
Fed Expected to Cut Rates Carefully Amid Inflation Pressures
Inflation is nearing the Fed’s 2 percent goal, but rate cuts will be cautious.Business - Inc. - 13 hours ago -
How much does a $25,000 HELOC cost monthly now that rates were cut?
A $25,000 HELOC comes with inexpensive monthly payments right now, and they could become even cheaper in the months to come.Top stories - CBS News - October 16