The average 30-year fixed mortgage rate was 6.326% this week, down slightly from the week before, according to U.S. News data. Some experts predict mortgage rates will fall below 6% by the end of 2026 ...
The Bureau of Labor Statistics released the March consumer price index report earlier Friday. Here are the numbers at a glance: Overall YoY: +3.3%, higher than February's rate of +2.4%. Overall MoM: ...
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Interest rates trended downward in mid-2025 after several rates of extreme rate fluctuations. The pattern continued into late February 2026 when rates fell below 6%, hitting their lowest point in over ...
As the war in Iran rages on, mortgage rates are one casualty. The housing market got a bit of a boost earlier this year when the 30-year fixed-rate mortgage dipped below 6% for the first time in years ...
Global bond markets extended one of their biggest selloffs in a year on Friday, taking benchmark Treasury bonds sharply higher and weighing on stocks in markets around the world, with investors ...
If the average on the 30-year fixed mortgage moved to 6%, 5.5 million current homeowners would be able to benefit from a refinance. About 20% of borrowers have mortgages with a rate over 6%. A ...
The Federal Reserve on Wednesday announced it will leave interest rates unchanged, breaking a streak of three straight rate cuts amid uncertainty over the labor market and inflation. Fed policymakers ...
Bank of America and Citigroup are reportedly considering offering credit cards with a 10% interest rate in an effort to appease President Trump, who recently demanded a cap at that level for one year.
LONDON, Jan 15 (Reuters) - The rate of senior loan writedowns by private credit funds has tripled since 2022 as higher interest rates have pressured the riskier companies that borrow from these shadow ...
The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 72.5 cents per mile driven, up 2.5 cents from 2025. The increased ...
Minnesota football's nation-leading bowl win streak will extend into 2026. In what was a largely defensive game, the Golden Gophers won offensively with a walk-off, 12-yard touchdown pass from Drake ...