A large proportion of loans Wells Fargo sold prior to the financial crisis didn't meet the bank’s own quality standards, authorities say
The Federal Reserve announced the decision after a meeting of its board of governors
Fed Chair Jerome Powell says that the economy justifies further rate increases this year
With interest rates rising, borrowers in some markets can save thousands by shopping around
The Fed announced its decision moments ago
Observers have seemed nearly certain that the Fed will hike rates later this month – but at least one Fed official is counseling patience
New home sales took an unexpected tumble last month, and experts say climbing mortgage rates are largely to blame