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.
The New York Times1d
I Worked for the Fed. The Interest Rate Cut Is Only One Step in a Larger Plan.
For the last three years, the Federal Reserve has been fighting to bring inflation down. Now it has boldly moved to protect ...
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 ...
Business Insider on MSN22h
The Fed's rate decision shows its focus has shifted from inflation to the labor market
The Federal Reserve cut rates by 50 basis points on Wednesday ... While inflation has long been seen as the Fed's sole ...
The Fed aims to repeat Greenspan’s 1990s masterpiece
In 1994, the Fed raised rates aggressively to tackle inflationary pressures. By 1995, the labor market was clearly cooling.
Access WDUN17h
Stock market today: Wall Street hangs near records after Fed delivers a jumbo interest rate cut
Wall Street is hanging near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger ...
Fed decision opens the real estate floodgates after four years
"Everybody's happy" about the Federal Reserve's rate cut – at least in real estate – potentially opening the floodgates to ...