Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability ...

Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...

President Joe Biden said the Federal Reserve‘s rate cut is “important” but only the first step during a speech before the ...

In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest ...

The Fed announced the first interest rate cut since the onset of the Covid-19 pandemic in 2020. And it was a big one. Here's what it means for you.

On the campaign trail, former President Donald Trump has pointed to the Department of Education as a symbol of federal ...

Ultimately, it is going to be 3% that is what the dot plots say but they are all over the place in terms of the median is 3, ...

Today's aggressive rate cut, doubling the widely expected 25 bps reduction, signals deepening concerns about the health of ...

Plus: Lebanon is on edge after a wave of handheld device detonations. The FBI reveals details of a Trump campaign hack. It's ...

Plus, Volkswagen pauses production, furloughs employees over ID 4 issue, and GM EV owners can now charge at Tesla Superchargers ...

WASHINGTON (WNDU) - As you may have heard, the feds lowered interest rates this week by a half percent. It’s the first cut ...