San Francisco Federal Reserve President Mary Daly reiterated on Thursday it is "reasonable" to expect two interest rate cuts ...

As inflation and fuel efficiency undercut traditional gas tax revenue, many states are rethinking how they fund ...

"Many are hesitant to make major financial or life decisions, unsure of what lies ahead," said Grant Bazian, president of ...

In both hearings, there was no feedback from ratepayers, but emails opposing the rate hike continue to populate the rate case ...

The Fed's current policy rate was set in the current 4.25%-4.50% range in December, and policymakers have been reluctant to commit to a timeline for further cuts given the volatility of U.S. trade ...

business Economy. Fed lowers rates by quarter point, signals two cuts for 2025 Federal Reserve governors are still trying to balance stubborn inflation and economic growth.

The Federal Reserve on Wednesday stuck to its forecast of two interest-rate cuts in 2025 despite seeing a burst of inflation coming in the next few months as a result of higher tariffs.

After a five-week decline, mortgage rates have now climbed for two straight weeks. We break down how much the increase could cost you on your monthly payment.

How We Track Mortgage Rates . The national and state averages cited above are provided as is via the Zillow Mortgage API, assuming a loan-to-value (LTV) ratio of 80% (i.e., a down payment of at ...

The last time rates were over 7% was in November of last year when they hit 7.08%. This week's average rate is the highest the 30-year, fixed-rate mortgage has been since April 2002 when it was 7.13%.

The only goal was to not lose money. When Matthew Kilboy listed the Washington, D.C., condominium that he and his husband had bought in 2017, they accepted that higher interest rates and a soft ...