State Farm seeks double-digit rate hike in California in wake of LA fires
The insurer asked the California Department of Insurance to raise rates by an average of 22% 'to help avert a dire situation' as the company pays thousands of claims related to the fires
Mortgage rates nosedive in fallout from Silicon Valley Bank failure
Bank failures and slowdown in wage growth have forecasters thinking the Federal Reserve will back off from aggressive rate hike campaign when it meets next week
by Matt Carter Mar 13
Mortgage rates punch through 7% but may pause for Fed clues
Several Fed policymakers have hinted that they'd be open to a smaller increase in short-term rates in December if there are signs that inflation is starting to ease
by Matt Carter Oct 21
Federal Reserve keeps rates static, predicts no hikes in 2019
Static rates could lead to steady or declining mortgage rates, economists say
by Patrick Kearns Mar 20
The Fed raised interest rates 0.25%, the second hike this year
The hike is due to robust jobs, overall economic growth
by Marian McPherson Jun 13
Are rate hikes the Federal Reserve's new normal?
President of the Boston Fed calls for mechanical series of hikes at every other meeting
by Lou Barnes Apr 3
Post-election financial fever has cooled -- but it will return
As this particular fever began, so it will continue -- like malaria, gone for a while and then back
by Lou Barnes Jan 6
Why you should expect a rate hike when the Fed meets in June
The Fed calculus is changing fast toward rate hikes -- more and sooner than markets are priced for
by Lou Barnes May 31