Rates & Rent
The Fed, interest rates and what your mortgage or rent does next.
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Denise Powell (D) defeated Brinker Harding (R) and Eric Michael Foreman (L) in the general election for Nebraska’s 2nd Congressional District
Denise Powell (D) defeated Brinker Harding (R) and Eric Michael Foreman (L) in the general election for Nebraska’s 2nd Congressional District on November 3, 2026. Incumbent Don Bacon (R), first…
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Federally backed loans cover two in five first-time mortgages
(The Center Square) – Two in five first-time homebuyers who took out a mortgage over the past year used a loan backed by the federal government, according to a new…
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Fed pause won’t lower mortgage rates, economists say
(The Center Square) – The Federal Reserve held interest rates steady Wednesday, a decision that does little for homebuyers facing mortgage rates near 7.3% and builder confidence that is at…
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Mortgage rates fall to 7.32% in first weekly drop since August, Freddie Mac says
The average 30-year fixed rate eased from 7.40% in the week before Federal Reserve officials meet Oct. 27-28, but it remains more than a full percentage point above a year ago.
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When is the next Fed meeting? Rate decision due Oct. 28 after September hike
Federal Reserve policymakers meet Oct. 27–28, after most officials signaled in September that another rate increase would likely be appropriate by year end.
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Housing starts fell 5.2% in September as mortgage rates held near 7.4%
The Census Bureau put September 2026 housing starts at a 1.22 million annual rate, 7.4% below a year earlier, a week before the Federal Reserve’s Oct. 27–28 meeting.
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Fed minutes show most officials expected another rate increase by year-end
Minutes of the September 15-16 meeting, released Oct. 7, show the committee unanimously backed a quarter-point hike and leaned toward one more in 2026.