The Federal Reserve's latest rate cut is finally nudging some borrowing costs lower, but the relief is arriving unevenly.

It was a complicated day for mortgage rates. Officially, at the time of this article, the average top tier 30yr fixed rate is a hair lower than it was yesterday. But rates are based on bonds and bonds ...

WASHINGTON — A policy divide within the central bank and a lack of federal government data may put another interest rate cut out of reach this year, Federal Reserve Chair Jerome Powell said on ...

Mortgage rates have finally inched lower again this week, offering a small but welcome relief to borrowers across the United States. The latest figures show that the average 30-year fixed mortgage ...

The average rate on the 30-year fixed mortgage rose this week to 6.22%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.19%.

Mortgage rates went into the weekend with a small cushion thanks to movement in the bond market on Friday. Specifically, bonds improved after mortgage rates came out for the day. If the improvement ...

Another Fed meeting, another rate cut. And more people are racing to lock in certificates of deposit (CDs) before savings rates drop even further. I get the logic. CDs are great for some situations ...

Federal Reserve Chair Jerome Powell poured cold water on hopes for a holiday rate cut, dialing back expectations as the labor market cools and inflation persists. Powell said a December cut is far ...

This week, the Fed cut interest rates by 0.25% -- dropping the benchmark rate to its lowest level in three years. If you're holding cash in a high-yield savings account (HYSA) or considering CDs, the ...

September's jobs report showed 119,000 new jobs, beating expectations, but unemployment rose to 4.4%, signaling a mixed labor market. Jobless claims data indicate hiring remains resilient, though ...

This is read by an automated voice. Please report any issues or inconsistencies here. Federal Reserve cuts rates to about 3.6% but signals a pause on future reductions, defying President Trump’s ...