The Fed signaled that interest rate could be on the way but the benefits for borrowers may be limited. Bank customers could see savings rates fall.       

Topics:  fed   rate   borrowers   
BING NEWS:
  • The sobering message from the Fed: Interest rate cuts aren’t coming soon
    A string of discouraging inflation reports since the start of the year keeps pushing the timeline back for interest rate cuts.
    04/16/2024 - 7:19 am | View Link
  • 3 Facts That Help Explain a Confusing Economic Moment
    The path to a “soft landing” doesn’t seem as smooth as it did four months ago. But the expectations of a year ago have been surpassed.
    04/12/2024 - 10:05 pm | View Link
  • Average long-term US mortgage rate edges closer to 7%, rising to highest level since early March
    The average long-term U.S. mortgage rate rose to its highest level in five weeks, a setback for prospective homebuyers during what’s traditionally the busiest time of the year for home sales.
    04/11/2024 - 9:32 am | View Link
  • The Fed might not be done raising interest rates just yet
    Interest rate ... first coming as soon as March. “2024 is starting to look like 2015, but in reverse. Then the Fed signaled hikes it could not deliver; now the Fed may be signaling cuts that ...
    04/11/2024 - 7:02 am | View Link
  • Average long-term US mortgage rate rises modestly this week, holding just below 7%
    The average long-term U.S. mortgage rate rose modestly this week, holding below 7% as it has for much of this year. The average rate on a 30-year mortgage rose to 6.82% from 6.79% last week, mortgage ...
    04/4/2024 - 8:32 am | View Link
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