Interest rates

  • October taper unlikely if shutdown drags by MPA

    A Federal Reserve official says that if the government shutdown continues, the Fed is less likely to wind back its $85bn-per-month bond-buying program at its October meeting

  • Rates hit nine-week low by MPA

    The average interest rate on the 30-year fixed-rate mortgage fell to a nine-week low this week following the Federal Reserve’s decision to maintain its $85bn-per-month bond-buying program

  • Higher rates here to stay by MPA

    The economy will continue to grow over the next year in spite of higher interest rates thanks to record housing affordability and other factors, according to a new report

  • Fed's taper delay: Don't get used to it by Ryan Smith

    The Fed's shock decision to put off tapering may have been a momentary reprieve, as an official says tapering could begin as early as next month

  • Mortgage applications head up as rates edge down by Ryan Smith

    Mortgage applications were up last week as interest rates crept down, according to a survey from the Mortgage Bankers Association

  • Fed says no to taper by Ryan Smith

    Flying in the face of market predictions, the Federal Reserve yesterday decided to 'await more evidence that progress will be sustained' before winding back its bond-buying program


Should CFPB have more supervision over credit agencies?