The Fed Raises Rates, Signals Two More Hikes in 2019
As projected, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target range by another 25 basis points to between 2.25 and 2.5 percent, while signaling…
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As projected, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target range by another 25 basis points to between 2.25 and 2.5 percent, while signaling…
According to UBS Wealth Management’s Global Real Estate Bubble Index, the residential real estate market in San Francisco is increasingly overvalued and approaching bubble territory, while New York and Boston…
Having slipped below 4 percent two weeks ago, the average rate for the benchmark 30-year mortgage dropped to 3.81 percent over the past week “as concern about a global slowdown…
For the first time in five months and following a post rate hike slip, the average rate for the benchmark 30-year mortgage is back above 4 percent having ticked up…
As predicted, the Federal Reserve has just raised interest rates for the first time since 2006, upping the target federal funds rate by 0.25 percent and signaling expectations for another…
While emphasizing that “no decision had been made,” the minutes for the Fed’s Open Market Committee meeting last month included new language to specifically highlight that a Federal Funds rate…
While mortgage rates ticked-up a few basis points over the past week, the average rate for a 30-year mortgage (3.82 percent) remains below four percent for the twelfth week in…
As of this morning, an analysis of the futures market put the probability of the Fed raising interest rates by the end of the year at 35 percent. But this…
According to an analysis of the futures market by the CME Group, the probability that the Fed will hike interest rates tomorrow currently stands at 23 percent with the probability…
Having ticked up to 4.09 percent two weeks ago, the highest rate so far this year, the average rate for a 30-year mortgage has dropped to 3.98 percent, versus 4.12…