Economy News

Economic news covering Fed interest rate decisions, inflation data, jobs reports, GDP growth, and macroeconomic trends affecting the stock market.

30-Year Mortgage Rates Hold Steady Near 6% as Fed Pause Extends
Economy Daniel Marsh

30-Year Mortgage Rates Hold Steady Near 6% as Fed Pause Extends

The average 30-year fixed mortgage rate remained at 5.99% this week, with limited movement as the Federal Reserve's next meeting is not until March. A survey indicates most buyers would reconsider plans if rates climb above 6%.

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Refinance Rates Remain Elevated Above 6%, Dampening Homeowner Enthusiasm
Economy Daniel Marsh

Refinance Rates Remain Elevated Above 6%, Dampening Homeowner Enthusiasm

Average 30-year fixed refinance rates hold above 6%, with government-backed options slightly lower. Most borrowers face higher costs despite some lenders offering sub-6% rates.

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Mortgage Rates Hold at 6.23% Amid Data Delay; Key Reports Loom
Economy Daniel Marsh

Mortgage Rates Hold at 6.23% Amid Data Delay; Key Reports Loom

U.S. 30-year fixed mortgage rates remained steady near 6.23% as bond markets paused ahead of delayed jobs and inflation data. Mortgage-related stocks showed mixed premarket movement.

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Mortgage Rates Hold Steady Near 6% Threshold, Refinancing Costs Remain Elevated
Economy Daniel Marsh

Mortgage Rates Hold Steady Near 6% Threshold, Refinancing Costs Remain Elevated

U.S. mortgage rates showed little movement this week, with the benchmark 30-year fixed rate persisting around 6%. Refinance rates continue to outpace purchase rates, dampening homeowner incentive.

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IRS Staffing Shortfall May Dampen Economic Boost from Trump's Tax Refund Surge
Economy Daniel Marsh

IRS Staffing Shortfall May Dampen Economic Boost from Trump's Tax Refund Surge

Taxpayers are poised for larger refunds in 2026 due to new legislation, but IRS workforce reductions could delay payments and limit the anticipated consumer spending lift.

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U.S. Mortgage Rates Hold Near 6.2% as Refinance Demand Stays Subdued
Economy Daniel Marsh

U.S. Mortgage Rates Hold Near 6.2% as Refinance Demand Stays Subdued

Average 30-year fixed mortgage rates remain elevated around 6.2%, with refinance activity limited as rates stay above key psychological thresholds. High home prices continue to pressure affordability despite recent declines from peaks.

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Mortgage Rates Hold Near 6% Threshold, Squeezing Spring Homebuyers
Economy Daniel Marsh

Mortgage Rates Hold Near 6% Threshold, Squeezing Spring Homebuyers

U.S. mortgage rates remain anchored near 6%, with the 30-year fixed averaging 6.11% according to Freddie Mac. Refinance rates continue to outpace purchase rates, limiting options for homeowners.

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