Lenders use several bits of data to set mortgage rates, including trading moves by investors. Without market volatility, the rate could be under 7 percent.
Tag: Federal Reserve System
-
Fed Ushers In Fourth Jumbo Increase in Interest Rates to Fight Inflation
The Federal Reserve has now raised interest rates six times this year as it tries to quash the fastest inflation in four decades.
-
Stocks Drop As Fed Leaves Investors Uncertain About Rates
The Fed chair said the central bank “still has a ways to go” before it will be done raising interest rates, and that rates may go higher than previously anticipated.
-
Fed Faces Tough Decisions as Inflation Lingers and Economic Risks Loom
The central bank is expected to raise rates three-quarters of a point today, but what it says about its next steps will be even more important.
-
How the Treasury Market Predicts and Influence Interest Rates
The market for U.S. government bonds, called the Treasury market, offers predictions on the path for interest rates and the economy.