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 ...

New York Mortgage Trust's 9.125% Senior Notes offer high returns but carry significant risks. Learn why NYMTG stock faces concerns over financial stability.

These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down ...

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.

The Federal Reserve paused interest rates on Wednesday, its first policy decision of 2025, reversing a series of cuts.

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 ...

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

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

The recent executive actions of President Trump could impede the start date of Ginnie Mae’s new complementary HMBS program.