The Fed Rate Decision, Without the Jargon
The Federal Reserve held rates steady at today's pre-election FOMC meeting. Now, all rate hike expectations shift to December.
The Federal Reserve held rates steady at today's pre-election FOMC meeting. Now, all rate hike expectations shift to December.
October 27, 2026
Published mortgage rates are confusing. Borrower profiles, best case scenarios and backward-looking data obscure the actual rate a buyer will receive.
Inflation rose at an annual rate of 3.7% as energy costs, primarily gasoline prices, spiked, according to today's CPI report from the BLS.
September 21, 2026
A 5.9% 30-year mortgage rate is looking considerably more like a pipedream now than it did this spring. Fannie Mae now puts the average 30-year rate at 6.8%.
July 13, 2026
Every time mortgage rates change, home sellers cringe and buyers rethink their plans because their potential monthly payment just tweaked up.