Tag Archives: Rate

The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly 10 months, giving prospective homebuyers a sorely needed boost in purchasing power that could help inject life into a stagnant housing market. The long-term rate fell to 6.58% from 6.63% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate …

Syracuse, N.Y. — Your National Grid bill is going up about 10% next month and will keep rising. Within three years, the cost of electricity and gas will increase by about $600 a year for the average household in Upstate New York. The state Public Service Commission voted unanimously today to approve new electric and gas rates for National Grid’s …

Stocks retreat after hot US inflation data shakes Fed rate cut hopes  Reuters Why hotter-than-expected wholesale prices make the Fed’s September rate cut decision harder  Yahoo Finance PPI report shows biggest surge in three years. Here’s what that says about inflation.  CBS News Businesses have been eating Trump’s tariffs. That’s starting to change  CNN Wholesale prices rose 0.9% in July, much more than expected  CNBC …

Bessent Calls for Big Rate Cuts. Futures Markets Aren’t Buying It.  Barron’s Fed Faces High Bar for Big Cuts Despite White House Pressure  The New York Times Bessent Says He’s Not Pushing Fed Cuts, Just Highlighting Models  Bloomberg.com Is the Fed ready to cut interest rates? Experts weigh in  ABC News Fed cut seen near certain after inflation data, Bessent comments  Reuters Source link

The Stock Market Is Betting on Big Tech and Rate Cuts, Not the Economy  Barron’sView Full Coverage on Google News Source link

US 30-Year Mortgage Rate Declines by Most Since February  Bloomberg.com Weekly mortgage refinancing demand shoots 23% higher, with riskier loans making a comeback  CNBC Homeowners rush to refinance as mortgage-rate plunge opens ‘window of opportunity’  MarketWatch Current mortgage rates report for Aug. 13, 2025: Rates drop again  Fortune When will mortgage rates go down? Predictions about mortgage rates in 2025 and 2026.  Yahoo Finance Source …

Why a jumbo Fed rate cut in September would ‘come across as panicky’  MarketWatch Fed cut seen near certain after inflation data, Bessent comments  Reuters Bessent Urges Fed to Lower Rates by 150 Basis Points or More  Bloomberg.com Is the Fed ready to cut interest rates? Experts weigh in  ABC News US treasury secretary Scott Bessent calls for half-point interest rate cut at next …

(Reuters) -Chicago Federal Reserve President Austan Goolsbee said on Wednesday the U.S. central bank is grappling with understanding whether tariffs will push up inflation just temporarily or more persistently, which would inform its decision on when to cut interest rates. “As we go into the fall, these are going to be some live meetings and we’re going to have to …

S&P 500, Nasdaq hit new closing highs on rate cut hopes  ReutersView Full Coverage on Google News Source link

S&P 500, Nasdaq hover near record highs on September rate cut hopes  Reuters Stock market today: Dow pops, S&P 500 and Nasdaq waver as Fed rate cut bets surge  Yahoo Finance World stocks hit new peak, US bond prices rise as markets position for Fed rate cut  Reuters Wall Street drifts around its records following a worldwide rally  AP News Wall Street goes full …