Mortgage rates breach 7% as Fed signals more hikes
The average rate on a 30-year fixed mortgage crossed 7% this week for the first time since January 2025, Freddie Mac data shows, adding another layer
Freddie Mac
Every Fin-node story mentioning Freddie Mac — 4 stories, newest first.
Freddie Mac · 4 stories
Fed Raises Rates to 3.75-4 Percent in Unanimous Vote
The Federal Reserve lifted its benchmark rate by a quarter point Wednesday to a range of 3.75 percent to 4 percent, the first increase since July 2023
Fed raises rates for first time since 2023
The Federal Reserve lifted its benchmark rate by a quarter point Wednesday, the first increase in more than three years, pushing the target range to 3
Federal debt hits $40 trillion as interest costs climb
The U.S. federal debt crossed $40 trillion on Wednesday, according to the Treasury Department's daily statement, arriving just five months after the $