News

Mortgage Interest Rates Today: Mortgage Rates Drop to Their Lowest in 10 Months—Giving Hope to Homebuyers

The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.

Bessent Says Interest Rates Should Fall by at Least 1.5 Percentage Points Over Time

Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...

Get the Facts: How the Fed's interest rates impact your money

The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The ...

Donut shop offers insight into upcoming interest rate decision in U.S.

Chicago Federal Reserve President Austan Goolsbee visited Mel-O-Cream Donuts in Illinois to assess the economic impact of the ...

Dollar extends weakness as anticipation mounts of Fed interest rate cut

The dollar fell for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of a ...

Fed's current monetary policy stance is 'exactly where we want to be,' official says

Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...

Stock market today: Dow, S&P 500, Nasdaq futures rise as Fed rate cut bets surge after inflation data

US stock futures wavered amid increasing expectations that the Federal Reserve will cut interest rates at its next meeting, ...

TSX climbs to record peak on Fed rate cut hopes

Canada's main stock index scaled an all-time high on Wednesday, bolstered by ongoing optimism surrounding a September U.S.