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Fed’s 1st rate cut in 4 years
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.
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Opinion
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic case for a rate cut was overwhelming; the case for a big cut was very strong. Not cutting would have been political. And the Fed didn’t let itself be bullied into inaction.
16h
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 ...
17h
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.
22h
Fed sees higher 'terminal' rate, reached sooner
Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook ...
1d
Winners And Losers From The Fed’s Interest Rate Decision
The Federal Reserve just cut interest rates by 50 basis points, citing cooling inflation and signs of economic slowdown. This ...
13h
on MSN
Fed's Powell: policymakers noted 'artificially high' jobs data, revisions in rate cut decision
Fed Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the ...
23h
on MSN
Fed's bumper rate cut fuels non-yielding gold's rally
Gold prices climbed 1% on Thursday after the U.S. Federal Reserve embarked on an easing cycle by slashing interest rates and ...
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Opinions
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
The New York Times
14h
Will Fed rate cuts drive flows into emerging markets?
moneycontrol.com
2d
The Fed’s interest rate cut reflects an increasingly troubled economy
MSN
1d
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