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What This Week's Fed Decision Means for Mortgage Rates
On Wednesday, the Fed is expected to announce a pause from its rate-cutting path. What does that mean for mortgage rates? If ...
Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
The Fed is hitting the pause button on rate cuts, for now. Here's the impact on your money.
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
US pending home sales drop to snap four months of gains
Contracts to buy U.S. previously owned homes fell in December to snap a four-month streak of increases, with particularly sharp declines in the pricier Northeast and West regions as higher mortgage ...
UK interest rates will fall faster and further than markets expect, two giant US banks predict
The Bank of England is likely to cut interest rates far further and faster than markets are currently expecting, according to ...
US economy finished 2024 on strong note, but faces hurdles
GDP grew 2.3 per cent annually in the fourth quarter of 2024, down from 3.1 per cent in previous quarter. Read more at ...
What the new Bank of Canada interest rate cut means for Canadians
In its first cut of 2025, the Bank of Canada (BoC) lowered its key interest rate by 25 basis points. On Wednesday, the ...
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US economic growth holds steady in 2024
The US economy expanded at a solid clip in 2024, helped by consumer and government spending, official data showed on Thursday, signaling its resilience as President Donald Trump takes over the reins.