The average interest rate on a 30-year, fixed-rate mortgage rose to 6.08% APR, according to rates provided to NerdWallet by Zillow. This is 16 basis points higher than yesterday and nine basis points ...
The Fed cut rates for the second time this year amid dissent among committee members and a government shutdown that has left key economic data unavailable.
The Federal Reserve announced a 25-basis-point cut to the federal funds rate at the conclusion of its meeting on Wednesday, Oct. 29. The bankers had shifted into rate-cutting mode back in September ...