Tag: mortgage rates
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US existing home sales drop in August; supply improves
WASHINGTON (Reuters) - U.S. existing home sales fell more than expected in August as house prices remained elevated despite a continued improvement in supply.Home...
Mortgage and refinance rates today, September 19, 2024: Rates actually increase after Fed meeting
You may have expected mortgage rates to decrease after the Federal Reserve announced a 50-basis-point cut to the federal funds rate yesterday — but...
The Federal Reserve is finally lowering rates. Here’s what consumers should know
NEW YORK (AP) — The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans,...
Explainer-What does a Fed rate cut mean for American households?
By Lindsay Dunsmuir and Ann Saphir(Reuters) - The Federal Reserve is set to cut U.S. short-term borrowing costs on Wednesday, a watershed moment that...
5 ways the Fed’s rate cuts will affect workers and consumers
The Federal Reserve is widely expected to start cutting interest rates this week, marking an inflection point in the economy.The move is expected to have...