Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Mortgage Rates Are Coming Down. When Does It Make Sense To Buy Or Refinance?
Borrowers are finally starting to see signs of hope. Mortgage rates are at their lowest point in 18 months—and expected to ...
Lower mortgage rates will bring much-needed normalcy to the housing market
Lower borrowing costs will benefit the entire housing market, not just those applying for a mortgage right now.
Top Federal Reserve official would back more aggressive interest rate cuts if US data worsen
A top Federal Reserve official has said he would support more aggressive interest rate cuts from the US central bank if the economic data deteriorates further, as he cautioned inf ...
Jerome Powell’s sunny economic outlook clashes with the Fed’s bold interest rate cut
The Fed cut interest rates by half a percentage point yesterday—the first cut in four years and double the 25 basis points ...