Mortgage rates actually increased and have remained a major hurdle for prospective home buyers. Car loans haven't downshifted much, and credit-card annual percentage rates, or APRs, have only crept ...

Perhaps finance companies and dealerships can take solace in the seven-word sentence Federal Reserve chair Jerome Powell said during his opening statement on Wednesday after the Federal Open Market ...

Fed Stands Pat, Entering New Wait-and-See Phase; ECB Rate Decision in Focus By Vicky Ge Huang After cutting interest rates by a cumulative percentage point in the last three meetings of 2024, the ...

The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.

In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to ...

It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage ...

ES Bancshares, Inc. (OTCQX: ESBS) (the "Company") the holding company for Empire State Bank, (the "Bank") today reported net income of $466 thousand ...

U.S. Treasury Bill yields have been trending lower since last July as interest rate cuts started to be priced into the market ...

President Trump wants to privatize Fannie Mae and Freddie Mac. A survey shows nearly half of investors expect it by 2028.

On Wednesday, the Fed is expected to announce a pause from its rate-cutting path. What does that mean for mortgage rates? If ...

Deal production has been a bright spot, but delinquencies could soon reach record highs, especially for office CMBS.