Mortgage rates inched up even though the Federal Reserve cut interest rates. Experts explain why this is a short-lived ...
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...
The Fed's decision to cut interest rates by 50 basis points reflects its growing confidence in taming inflation and a renewed ...
Former Treasury Secretary Lawrence Summers said inflation will probably prevent the Federal Reserve from lowering interest ...
The Fed announced the first interest rate cut since the onset of the Covid-19 pandemic in 2020. And it was a big one. Here's ...
The average rate on a 30-year loan fell to 6.09% this week, according to Freddie Mac. Mortgage rates have been falling over ...
Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Don't expect an immediate impact from the Fed cutting interest rates. But that doesn't mean you can't start planning now.
Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point ...