Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve policymakers to puzzle over the need for more interest rate cuts in a strong economy.
Even though their mortgage rate is low, they want to pay it off early so they can retire without the monthly expense.
Last year, the path to lower mortgage rates seemed relatively straightforward: Official inflation would go down, the Federal ...
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," ...
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the ...
Unfortunately, if you’re among the half of credit cardholders who carry debt from month to month, you’re unlikely to catch ...
Global economic conditions and geopolitical events can also influence mortgage rates through their impact on the bond market.
Since summer 2023, you could earn more with a high-yield savings account than the best money market account. But that changed ...
The cost to buy a new car goes beyond the sticker, experts said. As average transaction prices come down, monthly payments go ...
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