President Trump is proposing a federal initiative to purchase mortgage-backed securities as a way to push down long-term ...

The unemployment rate, according to the most recently released report, jumped to 4.6%, the highest level in years. The next ...

Find out how lower interest rates encourage investment by reducing borrowing costs for businesses, boosting economic growth ...

Fed Chair Jerome Powell, with whom Trump has been at odds, will see his term end in May, giving Trump the power to install a ...

The conventional wisdom says that lower interest rates will hurt banks and much of the financial sector as net interest ...

For the fourth week in a row, applications for mortgages to purchase a home fell, despite declining mortgage rates, and hit the lowest level since the week ended July 30, when mortgage rates were ...

Chairman Powell's term ends in May, and speculators currently see the most likely replacement is one of two Kevins. Odds ...

The Federal Reserve has been cutting interest rates to boost the job market. Many of the labor market's persistent problems, such as a shrinking workforce and the rise of AI, cannot be solved by rate ...

Cantankerous and increasingly cautious consumers — perhaps put on edge by seemingly shrinking paychecks, a weaker job market and stubbornly high prices — gave the Federal Reserve more room to cut ...

Fifteen-year mortgage rates fell to a one-month low today. Currently, the average interest rate on a 30-year fixed mortgage ...