Sen. Ruben Gallego pressed Kevin Warsh again about whether President Trump asked him to commit to lowering interest rates if he was nominated to lead the Federal Reserve. Warsh reiterated that the president never asked him to “commit to any such thing.” Source link
Sen. Chris Van Hollen, a Maryland Democrat, voiced his concerns about Kevin Warsh’s shifting stance on interest rates over the years. Van Hollen asked Warsh why he was in favor of lowering interest rates while inflation remained high. Source link
Mortgage rates have gradually improved in recent days for both buyers and owners hoping to refinance. Skryagin Igor/garrykosoff/Getty Images Mortgage interest rates in March surged by more than half a percentage point, on average, even with the Federal Reserve electing to keep its rate policy unchanged in the month. But with a series of disappointing … Read more
Transferring $5,000 out of a traditional savings account and into a high-rate alternative could make sense for many savers now. Getty Images/iStockphoto If you’ve been able to save a few thousand dollars in recent years, despite an unpredictable economic climate, and have been able to weather market volatility in recent weeks by keeping those funds … Read more
Today’s mortgage interest rates could be affordable for borrowers looking to buy a home or refinance an existing one. alynst/Getty Images Homebuyers and owners looking to refinance in early 2026 began the year with cautious optimism. Mortgage interest rates had been falling with no clear end in sight after the Federal Reserve issued three rate … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. Skip to Content news Alerts There are no new alerts at this time 00:41 Pope Leo: ‘Not in my interest’ to debate with Trump 00:0000:00 Source link
The interest-earning potential of a CD account now versus one year ago should be weighed carefully. Andrii Yalanskyi/Getty Images A certificate of deposit (CD) account has been one of the better homes for your money in recent years. Interest rates on the account surged alongside decades-high inflation and an elevated Federal funds rate. And they … Read more
Mortgage interest rates in recent weeks have changed both for buyers and owners looking to refinance. bauhaus1000/Getty Images Monitoring mortgage interest rates on a daily basis for a timely opportunity is an integral part of the homebuying and refinancing processes. Unfortunately for borrowers, what they’ve found in recent weeks has been a bit discouraging. Mortgage … Read more
There are multiple factors to consider when determining the direction of mortgage interest rates in 2026. Sorapop Udomsri/Sorapop/Getty Images Despite some declines at the start of 2026, mortgage rates have been on their way up in recent weeks. In early March, the average rate on 30-year mortgages was just 5.75%, according to Zillow data. As … Read more
The average homeowner is sitting on a sizable amount of equity from which they can borrow from now. sinenkiy/Sinenkiy/Getty Images A report last week showing inflation surging once again may have been unwelcome, but it wasn’t surprising for millions of Americans. While a rate of 3.3% is the highest it’s been in years, many Americans … Read more