Holden Lewis writes for NerdWallet. Email: hlewis@nerdwallet.com. Twitter: @HoldenL. The article May Mortgage Rates to Stay Above 7% as Hope Dims for Fed Cuts originally appeared on NerdWallet.

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BING NEWS:
  • Fed's Bowman repeats she's willing to hike rates if needed
    U.S. Federal Reserve Governor Michelle Bowman on Friday repeated her view that inflation will fall further with the policy rate held steady, but said she has seen no improvement on inflation this year ...
    05/17/2024 - 4:42 am | View Link
  • Buckle up America: Powell says interest rates will likely stay higher for longer as inflation stubbornly refuses to come down
    Fed Chair Jerome Powell said his confidence inflation will slow "is not as high as it was," meaning rate cuts likely won't come until later this year.
    05/16/2024 - 3:46 am | View Link
  • When Will the Fed Cut Rates? Cooling Inflation Builds Hope for September
    The Federal Reserve committee that sets interest rates meets three times this summer — in June, July and September — and a growing number of analysts are now eyeing that September meeting for the ...
    05/15/2024 - 7:39 am | View Link
  • Are US interest rates high enough to beat inflation? The Fed will take its time to find out
    The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting ...
    05/13/2024 - 9:26 am | View Link
  • Column: May mortgage rates to stay above 7% as hope dims for fed cuts
    and seemed as frustrated by inflation and high interest rates as home buyers are. The Fed is trying to wrestle the inflation rate down to 2%. The central bank made progress toward that goal in the ...
    05/4/2024 - 1:00 pm | View Link
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