Fed interest rates

Aug 1, 2025

Federal Reserve Governor Kugler steps down, giving Trump slot to fill

Federal Reserve governor Adriana Kugler will step down, opening up a spot on the central bank's powerful board that President Donald Trump will be able to fill.

May 9, 2025

Average rate on a US 30-year mortgage holds steady at 6.76%, not far from highest levels this year

The 30-year mortgage rate stays at 6.76% for a second week, as affordability challenges persist and economists expect continued rate volatility in 2024.

Regions

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Select Region or Brand

Fed interest rates

Federal Reserve Governor Kugler steps down, giving Trump slot to fill

Average rate on a US 30-year mortgage holds steady at 6.76%, not far from highest levels this year

Top Stories

Chesterfield planners approve $2.5B+ nuclear fusion plant

U.S. Department of Education finds GMU violated civil rights law

Jefferson Lab seeks voluntary 7% workforce reduction

Ex-Virginia House Speaker Gilbert resigns as U.S. attorney after 1 month

Mining company partners with Virginia Tech on rare earths plant

Mary Washington Healthcare, UMW plan to launch medical school

People

Regions

Salem manufacturers plan expansions

Port of Virginia nears finish of $450M dredging project

Trump coal policy changes could boost Southwest Virginia

Transco pipeline to expand for Virginia power demand