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Rates

October FOMC: Fed Holds Rates Steady Ahead of Election

The Federal Reserve left its benchmark interest rate unchanged at 3.75% to 4% after a 25‑basis‑point hike in September, marking the first increase since...

Pending Home Sales Plunge to Record Low as Mortgage Rates Surge

Pending home sales plunged 7.3% in August, dropping to 66—roughly one‑third below the 2001 benchmark of 100. West Leads Decline, Nationwide Drop Continues The West fell...

Mortgage rates surge to 7.28%, Freddie Mac warns

We need to rewrite as news article, obey constraints. Use for headings, for paragraphs. No heading before lead. Must start directly with...

Home Sellers Slash Prices as Mortgage Rates Soar

Home sellers slashed asking prices at the fastest pace in nearly four years in September, as soaring mortgage rates choked buyer demand. Price Reductions Surge...

Reserve Bank of Australia hikes rates to 15‑year high

The Reserve Bank of Australia lifted its key interest rate by 25 basis points to 4.6 percent, the highest level since November 2011. RBA Cites...

Deficit reduction eases inflation, interest rates, CRFB finds

The Bahnsen Group founder David Bahnsen appeared on ‘Kudlow’ saying President Donald Trump’s economic policies are driving the federal deficit to a record $1.8 trillion...

Federal Reserve Hikes Rates 25 Bps at FOMC

Federal Reserve policymakers convene this week. The market expects a 25‑basis‑point rate hike, with the CME FedWatch tool assigning a 92.5% probability to the...

US Mortgage Rates Surge Past 7%

Mortgage rates have smashed through 7% for the first time in a year, sparking fresh turbulence in the housing market. The 30‑year fixed‑rate average...

SCOTUS Unblocks GOP Access to Low‑Cost Ad Rates

The U.S. Supreme Court on Friday overturned a lower‑court block that had barred the cheapest broadcast ad rates from applying to political parties, handing...

Mortgage rates drop to 6.65%: Freddie Mac

Ryan Payne, president of Payne Capital Management, told 'Mornings with Maria' that private equity firms are pouring billions into sports as team valuations soar....

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