Homebuyers are stuck as mortgage rates defy Fed’s rate cut
The impact? It’s been pretty much as expected: a boost for stock market investors and so-so news for savers. But for prospective homebuyers, it’s brought more frustration: Mortgage rates have actually risen in recent weeks. Statewide, the median home price jumped 6.2 percent, to $600,000, as sales fell 3.7 percent.
Fed’s emergency rate cuts affect your credit card — here’s how
The Fed cut interest rates again Sunday in an attempt to reduce “evolving risks to economic activity” caused by the coronavirus outbreak.
Will home prices rise with more Fed rate cuts? Here's what experts think.
With the Fed cutting rates again, home prices are unlikely to remain the same. Here's what some experts are predicting.
Fed Rate Cuts - Boom Or Bust?
In September 2024, Jerome Powell announced the first Federal Funds Rate cut in over four years. The Federal Funds Rate is a short-term rate related to the cost of debt in the American economy. Some expected the Federal Reserve to cut only 25 basis points,
Here's How the Fed's Rate Cut Has Impacted CD Ladders
CD rates aren't directly tied to the Fed's actions, but they tend to move in the same direction. Learn what it means for you.
Fed's Bostic sees no need to rush on rate cuts
By Ann Saphir (Reuters) -Atlanta Federal Reserve Bank President Raphael Bostic on Friday made the case for patient reductions in the central bank's policy rate to somewhere between 3% and 3.5% by the end of next year,
Interest rate cut at this stage would be 'premature,' India cenbank chief says
The head of India's central bank said on Friday that it would be "very premature" and risky to lower interest rates at this ...
Mortgage Rates Today, Oct. 18: Median Rate Rises to 6.63%
As of Oct. 18, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year ...
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The Fed’s Rate Cut Trajectory Remains Intact, Boosting the Crypto Outlook
Last week’s inflation report did little to change the Federal Reserve’s easing cycle. Over the last few weeks, the yield on ...
Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks
The average rate on a 30-year mortgage in the U.S. moved higher for the third week in a row and reached the highest level ...
JFR: Interest Rate Cuts Will Pressure Yield, There Are Better Plays (Downgrade)
The Nuveen Floating Rate Income Fund offers an attractive 11.50% yield, but is unlikely to maintain this due to expected ...
How to use a mortgage rate lock to secure a low interest rate
A mortgage rate lock guarantees you’ll receive the interest rate on the date you locked in the rate, even if rates change ...
Opinion: PURA’s shortsighted rate cuts threaten Connecticut’s energy future
PURA’s decision sends a chilling message to potential investors: Connecticut is not a safe or wise place for energy ...
Trump says president should weigh in on, but not order, Fed rate decisions
U.S. Republican presidential candidate Donald Trump on Tuesday appeared to soften his position on inserting himself into ...