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US Fed begins rate cut cycle
Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
The Federal Reserve delivered its first interest rate cut in more than four years yesterday. It was a declaration of victory over once hot, hot, hot inflation. And mortgage rates responded by fluctuating in kind of a weird way.
Should You Refinance Your Mortgage After the Fed’s Interest Rate Cut?
People who bought homes in the past two years may want to seek a lower interest rate. Here’s how to think it through — and how to shop.
Mortgage rates inch closer to 6% following Fed rate cut
The average rate on a 30-year loan fell to 6.09% this week, according to Freddie Mac. Mortgage rates have been falling over the last few months in anticipation of the Fed rate cut that came Wednesday.
22h
on MSN
Mortgage rates are coming down — and home buyers are ready to pounce
Homebuyers are rushing to take advantage of lower mortgage rates following the Federal Reserve’s recent interest rate cut.
16h
on MSN
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.
1d
Weekly mortgage demand surges 14% as interest rates hit two-year low
The Federal Reserve is expected to make its first interest rate cut in four years on Wednesday, and while mortgage rates ...
1d
Here’s when falling interest rates will hit your mortgage, car loan, credit-card bills and savings accounts
The Fed’s interest-rate cuts will soften the prices consumers pay for debt — but people may not see an impact on their ...
1d
on MSN
3 couples who recently got mortgage interest rates under 3% share how they did it
The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and cover medical and retirement ...
1d
on MSN
Burned by High Rates, 54% of Homebuyers Say Fed Is 'Politically Motivated'
Americans who took out a mortgage in the past year would like to have a word with Federal Reserve policymakers about high ...
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