3+ day, 5+ hour ago  (140+ words) ABA Banking Journal The rate for a 30-year fixed-rate mortgage was 6. 51% this week, up from 6. 36% last week, according to Freddie Mac. A year ago, the rate was 6. 86%. The rate for a 15-year fixed-rate mortgage was 5. 85%, up from 5. 71% last week. A…...

3+ day, 23+ hour ago  (172+ words) The Federal Reserve in Washington, D. C. With inflation persistently remaining above the Federal Reserve's 2% target, a majority of Federal Open Market Committee members believe that raising rates may be needed in the future if there is no progress toward that goal,…...

1+ week, 1+ day ago  (19+ words) Hotter-than-expected inflation data in April pushed financial markets to sharply revise expectations for Federal Reserve monetary policy....

1+ week, 2+ day ago  (194+ words) Mining output edged down 0. 1% in April after falling 1. 6% in March. The output of utilities increased 1. 9% in April, with gains in both electric and natural gas utilities. Capacity utilization for manufacturing moved up 0. 4 pp to 75. 8% in April and is now 2. 4 pp…...

1+ week, 2+ day ago  (200+ words) The rate for a 30-year fixed-rate mortgage was 6. 36% this week, down from 6. 37% last week, according to Freddie Mac. A year ago, the rate was 6. 81%. The rate for a 15-year fixed-rate mortgage was 5. 71%, down from 5. 72% last week. A year ago, the…...

3+ week, 4+ day ago  (249+ words) The Federal Reserve in Washington, D. C. The Federal Open Market Committee today voted to maintain the target range of the federal funds rate at 3. 5%-3. 75%. Fed Governor Stephen Miran voted against the action, preferring a cut of 25 basis points, while three governors…...

1+ mon, 1+ day ago  (236+ words) The rate for a 30-year fixed-rate mortgage was 6. 23% this week, down from 6. 3% last week, according to Freddie Mac. A year ago, the rate was 6. 81%. The rate for a 15-year fixed-rate mortgage was 5. 58%, down from 5. 65% last week. A year ago, the…...

2+ mon, 1+ week ago  (175+ words) The University of Michigan Consumer Sentiment Index decreased 1. 9% in March compared to the month prior, landing at 55. 5, according to preliminary results for the month. Personal income increased 0. 4%, or $113. 8 billion, in January, according to the U. S. Bureau of Economic Analysis. The personal…...

2+ mon, 2+ week ago  (212+ words) While credit conditions are expected to continue softening over the next six months as the labor market faces challenges, they will hold relatively steady, according to the American Bankers Association's latest Credit Conditions Index released today. "Bankers broadly expect continued…...

2+ mon, 2+ week ago  (194+ words) Overall economic activity increased at a slight to moderate pace in seven of the 12 Federal Reserve districts in the opening months of 2026, while the number of districts reporting flat or declining activity increased from four to five, the Fed said…...