Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a ...

A host of economists I surveyed offered modest expectations after central bankers cut their benchmark interest rates for the ...

Mike Wood, the founder of mortgage lender Bailey & Wood Financial Group, talks Sept. 18, 2024, about the Fed's action.

The Fed cutting the benchmark rate is considered a step in the right direction for real estate and finance industries.

It's big news for homeowners and those looking to purchase a home. The Federal Reserve provided a major cut to rates this ...

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loans to a lower rate, ...

The Federal Reserve cut rates on Wednesday and mortgage rates went up! What happened? The answer lies in the bond market.

The Federal Reserve announced they were cutting the federal interest rate by half of a percent this week. That doesn’t come ...

But there is a fight that the central bank hasn’t won. Although it might not be its fight at all.

Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the aftermath of the Fed's rate cut on Wednesday, the yield on a 10-year Treasury ...

At the same time, mortgage rates measured weekly by Freddie Mac descended to 6.09% this week, the 30-year fixed rate’s lowest ...

In the past week, the standard 30-year fixed-rate mortgage averaged 6.09%, according to data released by Freddie Mac.