Fed’s Bowman says she’s still willing to raise rates
I remain willing to raise the federal funds rate at a future meeting should the incoming data indicate the progress on ...
IRS plans to increase audit rates of wealthy taxpayers by 50%
The Internal Revenue Service detailed its plans Thursday to significantly ramp up audit rates of wealthy taxpayers and large ...
Weekly Mortgage Rates Rise Again, While Home Sales Increase, Too
The article Weekly Mortgage Rates Rise Again, While Home Sales Increase, Too originally appeared on NerdWallet.
Mortgage rates increase for fifth week in a row, and home buyers ‘will likely not see relief’ anytime soon
The 30-year fixed-rate mortgage rose and averaged 7.22% as of May 2, according to data released by Freddie Mac on Thursday.
Fed’s Powell: It’s ‘Unlikely’ That the Fed's Next Move Will be a Rate Increase
Fed's gotta hike? Not according to Fed Chair Jerome Powell. "I think it's unlikely that the next policy rate move will be a ...
Home prices increase at fastest rate since November 2022
Home sales prices in the U.S. rose 6.4%, bringing cities such as New York to all-time highs, according to Case-Shiller.
Tidewater Shares Rise 12% After Day Rate Growth Holds
By Ben Glickman Shares of Tidewater rose as the company's increase in rates offset a seasonal drop in business. The stock was up 12% to $105.42 on Friday, ...
IRS to increase audits for 2 specific groups and reduce for others
The Internal Revenue Service (IRS) intends to conduct more audits for Americans earing $400,000 or more and major corporations, while at the same time reducing the numbers for Black taxpayers who face ...
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What are today's mortgage and mortgage refinance interest rates?
Are you in the market for a new home? Are you thinking about refinancing your current home? In either case, you may be facing some challenges. Between high mortgage rates and a limited supply of ...
The unemployment rate barely rose, but only 175,000 jobs were added in April
In April, the unemployment rate sat at 3.9%, up slightly from 3.8% in March, putting the total number of unemployed individuals at 6.5 million. Those who qualify as long-term unemployed — individuals ...
Fed holds interest rates at 23-year high as inflation continues to push back timing of a rate cut
The Federal Reserve said Wednesday it will hold interest rates at a 23-year high, making borrowing tougher for everything ...