Fed

New data from Freddie Mac shows average mortgage rates for 30-year terms sliding closer to 6.00% as of Friday, September 20, 2024, rounding out a week in which the Federal …

The Federal Reserve announced a cut to benchmark interest rates yesterday, dropping the Fed rate by 50 basis points to a range of 4.75% to 5.00% — the first time …

For the first time since the early days of the coronavirus pandemic, Federal Reserve officials cut interest rates and signaled that even more could be coming. In a more aggressive …

Key takeaways The Federal Reserve’s rate cut affects HELOCs and home equity loans differently. Existing HELOC borrowers can expect their rates to decrease in response to the Fed’s rate cut, …

The Federal Reserve is expected to announce a cut to its benchmark interest rate this afternoon — the first cut since 2020. And while rates on certificates of deposits have …

The Federal Reserve is expected to announce a cut to its benchmark interest rate this afternoon — the first cut since it began raising rates in March 2022 — with …

Average mortgage rates show modest movement as of Wednesday, September 18, 2024, as the Federal Reserve concludes its sixth policy session of the year. The Fed is expected to announce …

The Federal Reserve starts its two-day rate-setting session today, and economists are expecting the Fed to announce a half-point cut to its benchmark interest rate tomorrow afternoon, ushering in a …

Average mortgage rates are stable as of Tuesday, September 17, 2024, as the Federal Reserve meets for its two-day policy-making session today. It’s widely expected the Fed will lower its …

The Federal Reserve is set to announce a cut to its benchmark interest rate on Wednesday — the first cut in four years. And with experts speculating a half-point cut, …