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Jerome Powell (Getty)

What low interest rates through 2023 means for real estate

The Federal Reserve is preaching stability in a chaotic world. Fed officials signaled on Wednesday that the short-term interest...

What low interest rates through 2023 means for real estate
The rates for a 30-year fixed-rate mortgage dropped 7 percentage points for the week ending September 10, reaching 2.86 percent. (iStock)

Mortgage rates notch new low

Mortgage rates sank to an all-time low — again. The average rate for a 30-year fixed-rate mortgage dropped .07 percentage points for the week ending Sept. 10, reaching 2.86 percent — a new low...

Mortgage rates notch new low
Federal Reserve Board chairman Jerome Powell (Photos by Samuel Corum/Getty Images; iStock)

Fed signals low rates are here to stay

The Federal Reserve has shifted its strategy for setting interest rates, allowing inflation to rise higher than previous targets. The change codifies what the Federal Reserve has been practicing for the past 18 months,...

Fed signals low rates are here to stay
Mortgage rates are sub-3%. How are buyers and lenders reacting?

Mortgage rates are sub-3%. How are buyers and lenders reacting?

Uncertainty, the very thing that helped drive down the average rate on a 30-year fixed mortgage to 2.98 percent...

Mortgage rates are sub-3%. How are buyers and lenders reacting?
The 30-year fixed-rate mortgage averaged 3.07 percent for the week ending July 2 (iStock)

Mortgage rates hit all-time low

The downward slide in mortgage rates produced a new milestone this week, according to Freddie Mac’s latest primary mortgage market survey. The 30-year fixed-rate mortgage averaged 3.07 percent for the week ending July 2,...

Mortgage rates hit all-time low
Federal Reserve Chair Jerome Powell (Getty, iStock)

TRD Insights: Why mortgage rates aren’t under 3% (yet)

Days after Covid-19 was declared a pandemic, the Federal Reserve took the drastic move of cutting its benchmark interest...

TRD Insights: Why mortgage rates aren’t under 3% (yet)
Federal Reserve Chairman Jerome Powell (Photo by Sarah Silbiger/Getty Images)

Fed “not in any hurry” to raise interest rates: Powell

The Federal Reserve won’t push up interest rates any time soon, the central bank’s chairman said Wednesday as the...

Fed “not in any hurry” to raise interest rates: Powell
Federal Reserve Board Chairman Jerome Powell (Photo by Win McNamee/Getty Images)

Fed to mall and hotel owners: Drop dead

The central bank’s multi-trillion-dollar intervention to help companies facing a credit crunch leaves struggling malls, hotels and other properties out in the cold. Earlier this week the Federal Reserve announced it would launch an...

Fed to mall and hotel owners: Drop dead
US Federal Reserve Chairman Jerome Powell (Credit: ERIC BARADAT/AFP via Getty Images)

Fed plans major commercial mortgage buyback

The Federal Reserve dramatically expanded its lending programs meant to unclog credit on Monday by expanding its facilities to include different types of municipal and corporate debt. The Federal Open Market Committee said the...

Fed plans major commercial mortgage buyback
Fed cuts interest rate amid coronavirus fears; hotel stocks sink

Fed cuts interest rate amid coronavirus fears; hotel stocks sink

UPDATED, 4:13 p.m., March 3: The Federal Reserve announced an emergency rate cut on Tuesday morning, a direct response...

Fed cuts interest rate amid coronavirus fears; hotel stocks sink
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