Interest rates typically decline during recessions as loan demand slows, bond prices rise, and the central bank eases monetary policy. During recent recessions, the Federal Reserve has cut short-term ...

Parts of the US economy, particularly housing, may already be in recession because of high interest rates, Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal Reserve to ...

Treasury Secretary Scott Bessent said the U.S. housing market is one subset of the economy that may be in recession because of high interest rates as he continues to call for the Fed to cut rates.

Some mortgage rate scenarios are more likely to occur than others next year. Here's what borrowers can do in each.

Mortgage rates usually drop in a recession, but by exactly how much depends on the circumstances of the economic downturn. Although interest rates on mortgages may trend lower in a recession, lending ...

Homebuyers in today's market are faced with mortgage rates stubbornly stuck in the 6% range. With an unclear inflation and trade war outlook, the Fed is in no hurry to cut rates. Redfin believes ...

Wall Street is on edge as concerns about an impending recession continue to grow, fueled by market volatility, new trade tariffs imposed by the Trump administration, and fears that a slowdown could ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Vikki Velasquez is a researcher and writer who has managed, ...