mosaec

30-Year Mortgage Rate Rises Above 7% for First Time Since May

Federal Home Loan Mortgage Corp (Freddie Mac) Inflation (Economics) Interest Rates Mortgages Real Estate and Housing (Residential) United States Economy

30-Year Mortgage Rate Rises Above 7% for First Time Since May

The latest jump threatens to sideline more buyers and sellers.

By Danielle Kaye

CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled

Consumer Price Index Federal Reserve System Inflation (Economics) Interest Rates Labor Department (US) Prices (Fares, Fees and Rates) United States Economy

CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

By Ben Casselman

CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled

Consumer Price Index Federal Reserve System Interest Rates Labor Department (US) United States Economy

CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

By Ben Casselman

Capital One Is Accused of Cheating Customers Out of $2 Billion

Banking and Financial Institutions Capital One Financial Corporation Consumer Financial Protection Bureau Interest Rates Regulation and Deregulation of Industry Suits and Litigation (Civil)

Capital One Is Accused of Cheating Customers Out of $2 Billion

Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose.

By Rob Copeland