The rate fell to 6.95% from 6.96% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.63%.

The rate on 30-year mortgages fell to 6.95% from 6.96% last week, Freddie Mac said. Rates on 15-year mortgages fell to 6.12% ...

The author of this article finds herself in not-so-quite the dilemma. I have the utmost respect and a very soft spot for ...

But a category within the GDP data that measures the economy’s underlying strength rose at a healthy 3.2% annual rate from ...

Tesla reported $2.3 billion of U.S. income in 2024 but paid zero federal income tax. Over the past three years, the Elon Musk ...

Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.

Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed remedies still differ radically.

Gold prices rose to hit a lifetime high on Thursday while the focus was also on a crucial inflation report for clues on the ...

Thursday’s report on U.S. gross domestic product growth in the fourth quarter was slower than expected, but “the economy ended 2024 on a strong note,” according to FHN Financial. “Domestic demand is ...

Portra / Rates on 30-year refinance loans dropped another 2 basis points Wednesday, nudging to average down to 7.03%. That's now the cheapest level for 30-year refi rates since Dec. 18. In September, ...

In September, rates plunged to a two-year low, falling as far as 5.89%. But over the following three-plus months, the average surged almost 1.25 percentage points—before recently easing lower.

Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...