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Today’s Mortgage Refinance Rates
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A rise in mortgage interest rates has led to a decline in people applying for home loans and homeowners refinancing.
The Federal Reserve has stayed the course, stalling rate cuts as they wait to see the impact of President Donald Trump’s Tariffs. Vivian Gueler, CFO of Pacific Trust Group, spoke about mortgage rate expectations for the coming year.
One of the biggest factors influencing current CD rates is the federal-funds rate. As the Federal Reserve began cutting its benchmark rate toward the end of 2024, CD rates fell in response. However, the June 2025 decision to once again keep the Fed rate steady is likely to result in relatively stable CD interest rates for now.
President Trump's visit to the Fed is the latest development in his long-running fight with Fed Chair Powell that has focused on interest rates
Illinois homeowners face a 27% rate hike from State Farm as the insurer cites unsustainable losses. The rate increase is expected to start on Aug. 15.
If the president thinks the Fed is hard to deal with, wait until he tries to negotiate with the bond market.
1don MSN
The Bank of Canada will hold its overnight interest rate steady at 2.75% on July 30 for the third consecutive meeting thanks to a recent rise in inflation and a fall in unemployment, according to a Reuters poll of economists that still found many expect at least two more cuts this year.
When mortgage rates begin to rise, it can catch your finances by surprise; just like how your metabolism starts to slow when you age.
Breast cancer rates are on the rise, and doctors fear that alcohol could be a big reason why. CNN’s Meg Tirrell speaks to an expert to learn more about this under-discussed link.
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