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Fed Isn’t 1st to Cut Rates
OK, so there was an interest rate cut. What do I do now?
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to the country’s top financial decision-makers, sending stocks surging to all-time highs and finally quieting the “will they,
Will the Federal Reserve cut interest rates again this year?
By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between 4.75% and 5%, according to FOMC projections. Interest rates will drop another percentage point over the course of 2025, the projections further indicated.
If you own a home or hope to buy one soon, what does the Fed’s interest rate cut mean for you?
Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability.
2h
on MSN
Will a Jumbo Interest Rate Cut Be Followed by a Recession? It's Happened Before
Key Takeaways The Federal Reserve began what will likely be a campaign of interest rate cuts Wednesday by cutting its ...
1h
Federal Reserve Watch: Fed Lowers Funds Rate
The Federal Reserve cut interest rates by half a percentage point, signaling a shift in monetary policy and boosting ...
23h
on MSN
What does the Fed interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
45m
Will mortgage interest rates fall further in September?
In short, it's unlikely that mortgage interest rates will fall much further in September, even if that doesn't mean that you ...
1d
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.
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