Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, ...
SALT LAKE CITY — Mortgage rates just hit a three-year low, but it's not yet clear whether that decline will continue now that the Federal Reserve's benchmark interest rate has been cut by ...
The Federal Reserve's benchmark rate does not directly impact mortgage rates, which are tied to long-term treasury bills. Lower short-term rates could help the housing market by reducing ...
The Federal Reserve officially lowered its benchmark interest rate by 0.25% during its September meeting, a move that was aimed at boosting a stalling labor market. The highly-anticipated ...
Some consumers have been hoping that Fed rate cuts would lead to lower mortgage rates so they can buy a home or refinance their mortgage, but long-term mortgage rates move independently ...
LOS ANGELES (AP) — Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it. As expected, the central bank delivered a ...
Mortgage rates decreased again on Thursday, reaching a new 11-month low, a day after the Federal Reserve lowered its benchmark interest rate for the first time in nine months, as was ...
Mortgage rates decreased in anticipation of the Federal Reserve's Sept. 17 rate cut. Following the Fed's announcement, the average 30-year mortgage rate saw a slight increase. Experts ...
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