The surprising reason mortgage rates are up despite interest rate cuts
Related: Dave Ramsey explains how your mortgage is key to early retirement. If Kamala Harris wins, mortgage rates are expected to stabilize or even fall due to her proposed home-b
Fed cuts interest rates again — why you should refinance debt now
The coronavirus has wreaked havoc on the economy, and in an emergency response, the Federal Reserve slashed interest rates by a full percentage point—the second rate cut in two weeks and the largest in Fed history.
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,
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’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.
Fed’s Daly open to skipping rate cut at one of two remaining meetings this year
San Francisco Fed President Mary Daly on Tuesday said she is open to skipping an interest-rate cut at one of the Federal Reserve’s two remaining policy meetings this year.
What The Fed’s Rate Cut Means For Your Money
Looking ahead, the Fed expects to make further rate cuts— possibly another 0.50% in 2024 and 1.0% more in 2025. Additionally, the Federal Reserve now expects the unemployment rate to rise to 4.4% in 2024, and inflation to come down to 2.3%.
Fed decision to go big on rate cut was not a slam dunk
The Fed’s decision to cut interest rates in September prompted a debate, according to the minutes of that Federal Reserve board meeting.
Fed's Daly says central bank likely on track for more rate cuts
Federal Reserve Bank of San Francisco President Mary Daly said on Tuesday the central bank remains on track for more rate cuts this year as long as data meets expectations, while noting that even with last month’s rate cut,
What level of impact do interest rate cuts have on mortgage rates?
After waiting years for interest rate cuts from the Federal Reserve, home buyers are now facing even higher mortgage rates.
Veteran trader has sharp words for Fed on interest rate cuts
Bengali noted that as the data and seasonality ensued, the bond markets moved accordingly, and the Fed — being data dependent — "seems to be on the back foot each time, chasin
Interest Rate Uncertainty Is At a Financial-Crisis Era High. Here’s How We Know.
The Kansas City Fed’s measure of policy rate uncertainty is as high today as it was during the global financial crisis.
Could the lone Fed dissenter be in line for a powerful role if Trump wins?
Michelle Bowman has positioned herself as a prominent conservative voice at the central bank ahead of a possible second Trump ...
Was the Fed's rate cut 'a mistake'? Fmr. CEA chair weighs in.
Earlier this month, former US Treasury Secretary Larry Summers called the Federal Reserve's 50-basis-point cut to interest ...
Fed Governor Waller says 'more caution' needed on rate cuts after data showing a hot economy
Federal Reserve Governor Christopher Waller said recent economic data shows the Fed should ease more cautiously after last ...
Rent or buy? How the Fed's mortgage rate changes can help you decide
Deciding to rent or buy is no easy task. There are pros and cons to both. But with interest rates at all-time lows thanks to ...
Fed Rate Decision: How FOMC Meetings Affect Bond ETFs
Bond exchange-traded funds, such as the iShares 20+Year Treasury Bond ETF (TLT), have become popular trading vehicles for ...
Bank bosses aren't worried about lower interest rates — and even see some upside
Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and loans in general, as well ...
Labor-focused Fed to continue rate cuts, Morgan Stanley Wealth Management says
The U.S. Federal Reserve will continue cutting interest rates in November, but policymakers are walking a thin line as ...