The Federal Reserve Raises Interest Rates Another 0.75%
The Central Bank's benchmark lending rate target is now 3-3.25%, the highest it's been since 2008.
First-Time Homebuyers, Here’s a Primer on Mortgage Rates
Curious to learn more about what goes in to calculating your mortgage rate? Here are the basics.
The Federal Reserve Continues to Take a Tough Stance Against Inflation
Federal Reserve Chairman Jerome Powell said in his Jackson Hole speech that the central bank won’t back off of its fight against rapid inflation.
The Impact of Federal Reserve Rate Hikes – Daily Flash Briefing
The central bank's commitment to bringing down inflation means interest rate hikes may happen at a quicker pace than originally expected.
The Relationship Between Interest Rates and Bond Prices – Daily Flash Briefing
Bond prices and interest rates move in opposite directions: When interest rates fall, the value of fixed income investments rises, and when interest rates rise, bond prices fall in value.
Some Banks Raise Interest Rates On Savings Accounts – Daily Flash Briefing
Ten banks have raised yields on savings accounts just since mid-April, according to Bankrate.
What the Fed’s Half-Point Rate Hike Means – Daily Flash Briefing
Yesterday, the Fed announced a rate hike of 0.50% — marking the most aggressive single-meeting increase since May 2000.
Higher Mortgage Rates Are Discouraging Home Buyers, But Not For Long – Daily Flash Briefing
Real Estate Professor Benjamin Keys says demand for housing will continue to be an issue, despite interest rate hikes. Here's why.