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The average 30-year fixed rate mortgage was 6.46% yesterday, a decrease of 0.1% since the day before. The 15-year fixed mortgage rate stood at 5.43%, down by 0.08%. The 30-year FHA mortgage averaged 5 ...
Why is crypto going up today? We explain why Bitcoin and altcoins are in a strong bull run today, including Fed cut hopes.
Bitcoin price breaks above $123,000, setting a new all-time high as traders anticipate a 25 bps Fed rate cut in September.
Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...
Chicago Fed President Austan Goolsbee called a jump in the prices of some services “the most concerning thing” in Tuesday’s consumer price index report for July. Policymakers should “reserve judgment” ...
Mortgage rates reached a new 2025 low on Wednesday, despite core inflation running at 3.1% year over year, according to the ...
Bitcoin notched a new all-time high of $123,231 on Wednesday after US CPI inflation came in at 2.7% year-on-year for July, ...
Politics aside, most Fed officials agree that rates will fall this year, with the median "dot plot" in the Fed's June Summary ...
The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...
Two Fed officials on Wednesday suggested the central bank can be patient in lowering rates. Markets see a rate cut in ...
While some cities in the United States continue to battle rising prices, Hawaiʻi's own Honolulu stands out for keeping ...
The inflation report led to a 3-bps drop in the 10-year Treasury yield to 4.255% and a 1-bp drop in the 2-year Treasury yield to 3.711%.