The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and indicated it will steadily lower borrowing cost.

Recently, analysts were surprised to learn via the CPI that inflation increased at a higher than expected level in August.

The rate on a 30-year fixed refinance dropped to 6.24% today, according to the Mortgage Research Center. For 15-year fixed ...

Inflation stayed at 3.8 per cent in the year to August, according to figures released by the Office for National Statistics ...