interest

FILE - In this March 3, 2020 file photo, Federal Reserve Chair Jerome Powell speaks during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. (AP Photo/Jacquelyn Martin, File)
(AP Photo/Jacquelyn Martin, File)
AP News
August 27, 2020 - 11:54 am
The Federal Reserve announced a significant change in how it manages interest rates.
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FILE This April 16, 2020 photo shows a real estate company sign marking a home for sale in Harmony, Pa. U.S. homeowners are seizing on historically low mortgage rates to refinance their mortgages. (AP Photo/Keith Srakocic)
(AP Photo/Keith Srakocic)
AP News
July 16, 2020 - 3:35 pm
U.S. homeowners are seizing on the lowest average mortgage rates on record to refinance their mortgages.
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FILE - In this Tuesday, March 3, 2020 file photo, Federal Reserve Chair Jerome Powell pauses during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington.
(AP Photo/Jacquelyn Martin, File)
AP News
June 16, 2020 - 10:34 am
Powell warns that long downturn would mean severe damage
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FILE - In this Sept. 25, 2019 file photo, a sign promoting an open house sits atop a realty company's lawn sign in Brandon Miss.
(AP Photo/Rogelio V. Solis, File)
AP News
June 11, 2020 - 11:31 am
US long-term mortgage rates mostly steady; 30-year at 3.21%
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FILE - In this Tuesday, March 3, 2020 file photo, Federal Reserve Chair Jerome Powell pauses during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington.
(AP Photo/Jacquelyn Martin, File)
AP News
June 10, 2020 - 2:08 pm
Fed to keep buying bonds and sees no rate hike through 2022
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(AP Photo/Steve Helber)
AP News
August 22, 2019 - 2:32 pm
WASHINGTON (AP) — U.S. long-term mortgage rates are near historically low levels, with the average on the benchmark 30-year loan falling this week to its lowest level since November 2016. Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan slipped to 3.55% this week...
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(AP Photo/Carolyn Kaster, File)
June 13, 2018 - 2:54 pm
By MARTIN CRUTSINGER , AP Economics Writer WASHINGTON (AP) — The Federal Reserve took note of a resilient U.S. economy Wednesday by raising its benchmark interest rate for the second time this year and signaling that it may step up its pace of rate increases. The Fed now foresees four rate hikes...
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