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The average rate on a 30-year mortgage slipped to 6.95% this week, Freddie Mac says, almost unchanged
MCLEAN, Va. (AP) — The average rate on a 30-year mortgage slipped to 6.95% this week, Freddie Mac says, almost unchanged. Copyright 2025 The Associated Press. All rights reserved. This material may ...
Bank of America mortgage review 2025
CNBC Select reviews Bank of America mortgage offerings, including purchase loans, refinancing, closing cost grants and more.
Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
The Fed kept its short-term rate at 4.25% to 4.50% on Wednesday in its first rate decision of 2025, after making a 1-percentage-point reduction in the final months of 2024. But th ...
White House rescinded funding memo after GOP senators ‘hit the ceiling’
The White House budget office rescinded a memo ordering a broad freeze on federal grants and loans after Republican senators ...
Why are mortgage rates still so high? There’s something more important than Fed policy at work
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
Trump says spending freeze stopped ‘condoms for Hamas’ — as WH rescinds memo to ‘end confusion’
WASHINGTON — The White House on Wednesday rescinded a far-reaching memo ordering a freeze to many federal disbursements — after a judge paused the order Tuesday evening. “OMB Memorandum M-25-13 is ...
Trump White House rescinds memo freezing federal money after widespread confusion
President Donald Trump’s budget office on Wednesday rescinded a memo freezing spending on federal loans and grants, less than ...