News

A recovery in the currently subdued U.S. residential construction market will inevitably take longer due to interest rates ...
Federal Reserve Chair Jerome Powell had the economy on course for a soft landing. The president’s trade war threatens that.
The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need ...
The Federal Reserve held interest rates steady on Wednesday, just weeks after President Donald Trump intensified calls for ...
The Bank of England has voted to cut interest rates by 0.5 basis points, which will be welcome news to those with a mortgage.
The Bank of England cut its main interest rate by 0.25 percentage points to 4.25% on Thursday, though with an unexpected ...
Raising or lowering the federal funds rate -- the overnight interest rate between banks -- creates a domino effect. Credit ...
While mortgage rates have fallen, they remain well above the rates enjoyed by most current homeowners, who may be reluctant ...