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News stories about Interest rates

Jan 30, 2019  16:20 ET
Fed keeps rates unchanged, preaches patience
Federal Reserve policymakers held the line on interest rates as expected on Wednesday, and further signaled that they would take a less aggressive stance in 2019. Fed Chairman Jerome Pow...
Jan 11, 2019  10:05 ET
Mortgage rates hit nine-month low
Mortgage rates fell for the seventh consecutive week and hit a nine-month low this week, Freddie Mac reported. As of Thursday, the 30-year fixed rate averaged 4.45 percent, down six basi...
Jan 3, 2019  14:40 ET
Mortgage rates dip to begin 2019
Mortgage rates began the year lower, according to Freddie Mac. As of Thursday, the 30-year fixed rate averaged 4.51 percent, down four basis points. A year ago, the rate averaged 3.95 pe...
Jan 3, 2019  9:20 ET
Mortgage applications fall during holiday
Mortgage applications were down during the Christmas holiday week, the Mortgage Bankers Association (MBA) reported. For the week ending Dec. 28, MBA’s adjusted applications index decline...
Dec 19, 2018  14:10 ET
Fed hikes rates at December meeting
Federal Reserve policymakers voted to raise interest rates for the fourth time in 2018 at their December meeting, but signaled they will be less aggressive next year, with likely just two rate increa...
Sep 26, 2018  14:10 ET
The Fed boosts interest rates again
Federal Reserve policymakers raised interest rates for the third time this year, and also signaled that the end of the Fed's longstanding accommodative monetary policy was at hand.  As w...
Jun 28, 2018  16:45 ET
Key mortgage rate falls
The key mortgage rate tick down over the week for the fourth time in five weeks, Freddie Mac reported. As of Thursday, the 30-year fixed rate averaged 4.55 percent, down two basis points...
May 24, 2018  11:45 ET
Mortgage rates continue upward swing
Key mortgage rates moved up again this week, continuing the most sustained increase to start the year in more than 40 years, Freddie Mac reported. “Through May, rates have risen in 15 out of th...
May 17, 2018  10:20 ET
Mortgage rates hit seven-year high
The 30-year fixed rate rose this week to the highest level in seven years, Freddie Mac reported. Through Wednesday, the rate averaged 4.61 percent, up six basis points over the prior wee...
Apr 5, 2018  12:25 ET
Rates move down on trade fears
Key mortgage rates fell for the second consecutive week in the wake of the volatility in the stock market.   Through Wednesday, the 30-year fixed rate averaged 4.4 percent, down four basi...
Mar 20, 2018  16:00 ET
Analysts: Four Fed rate hikes are possible in 2018
As Federal Reserve policymakers met Tuesday for the first day of their March meeting, most housing analysts have already predicted what they will do: Raise rates for the first time this year. The m...
Mar 7, 2018  12:55 ET
Housing affordability hits nine-year low
The home-purchase market sunk to its least affordable point since 2009 to begin the year, Black Knight reported this week. Although the market remains more affordable than the long-run a...
Mar 1, 2018  14:10 ET
Fed Chair Powell debuts before Congress
In his public debut this week, Jerome Powell, the new chairman of the Federal Reserve, was upbeat about the economy, indicating the central bank was sticking with the plan of slowly raising the benchm...
Feb 6, 2018  17:10 ET
Stock slides unlikely to color mortgage outlook
The stock market’s roller-coaster ride this week has been blamed partially on investor fears that interest rates are poised to rise. Housing economists, however, generally haven’t budged off their for...
Dec 15, 2017  17:00 ET
Fannie economist: Fed to stay cautious next year
Some housing economists believe that the Federal Reserve could hike interest rates more aggressively next year in response to the Republican tax overhaul, which is moving on a fast-track toward appr...

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