Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...
Fed Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the ...
Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook ...