Mortgage rates are surging, foiling homebuyers’ best-laid plans
Surging mortgage rates are threatening to wash out the spring homebuying season. The rate on a conventional 30-year home loan rose to 6.46%, its highest...
How the Iran war could crush the U.S. housing recovery, and it’s not just about mortgage rates
The immediate impact of the war with Iran on the U.S. housing market has been a sharp rise in mortgage rates. One day before the...
Fed cuts interest rates by a quarter point amid apparent split over US economy
Divisive vote to lower rates highlights uncertainty in the Fed as economy absorbs major shakeups, including tariffs The US Federal Reserve announced on Wednesday that it was...
U.S. Fed leaves interest rates unchanged amid surging Treasury yields
The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25-5.5 percent, as yields on long-term U.S. Treasury bonds have...
Interest Rates Hike Dramatically In The US Economy May Sink Into The Mire of Recession
On the 2nd of this month, the Fed raised interest rates by 75 basis points again to fight inflation. This is not only the sixth interest...