Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates

Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years. Prospective homebuyers are eager for a silver lining in the housing market. But experts don't anticipate dramatically lower rates before the end of the year.
After likely quarter-point rate cut, Fed may slow pace of drops if inflation lingers
The Fed is set to lower interest rates a quarter point Thursday. But it's more likely to slow, rather than speed up, 2025 cuts due to inflation
Why Mortgage Rates Have Stayed High Despite the Fed Cutting Rates
The Federal Reserve is poised to lower its benchmark rate by a quarter-percentage point Thursday, following its half-point cut in September. But borrowers aren’t yet feeli
Today's Mortgage Rates, November 8, 2024 | Strong Economy Keeping Rates High in Spite of Fed Cut
These are today's mortgage and refinance rates. Even though the Fed cut rates this week, mortgage rates are likely to remain elevated in the near term.
A Fed rate cut may be coming, but it may be too small for Americans to notice
The Fed is expected to cut rates for a second straight month but by a smaller amount. How and when consumers may feel the effects isn't as clear.
Even After the Fed Rate Cut, You Can Still Get This 5.50% Savings Account Today
Though some savings accounts have lowered rates after yesterday's Fed move, the nation's best high-yield option is holding at 5.50%—with eight more paying at least 5.00%.
Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win
Despite the increase in rates, some home buyers were returning to the market, according to the Mortgage Bankers Association. The market composite index — a measure of mortgage a
Today's Mortgage Rates, November 12, 2024 | Rates Drop Back Down
These are today's mortgage and refinance rates. Mortgage rates are down slightly today, but they're still higher than they've been in recent months.
What Fed’s latest rate drop means for your mortgage, credit cards, retirement and more
When the Federal Reserve cuts its key interest rate, the decision begins to ripple outwards, affecting everyone from credit card holders to car buyers to corporations. Reset talks with a personal finance expert about what you need to know about the recent rate cut as well as tips for saving for retirement in today’s economy.
Mortgage rates keep going up despite interest rate drop
The average 30-year mortgage rate remains high despite the Federal Reserve again dropping its key interest rate.
Fed rate cuts aren't stopping high-yield checking account from offering rates as high as 8% APY — for now
The Federal Reserve cut rates twice in a row, bringing bank account rates down. See how high-yield checking account rates are ...
Federal Reserve Cuts Rates: What It Means for Savings Accounts, Investments and Loans
Find out how the Federal Reserve’s decision will impact all aspects of borrowing and spending ...
Fed Cut Interest Rates, So Why Do Mortgage Rates Keep Climbing?
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...
CBS News on MSN5d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.
High borrowing costs have made it more expensive to buy everything ... That was followed by a press conference with Fed ...
The Federal Reserve lowers interest rates by 0.25 percentage points
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future ...
The Associated Press on MSN4d
Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
The Fed’s future moves are now more uncertain in the aftermath of the election, given that Donald Trump’s economic proposals ...
The interest rate on my high-yield savings account keeps dropping. I asked 3 experts how to earn more on my cash.
The interest rate on my high-yield savings account has dropped from 4.6% to 4.2%. I asked experts how to get more yield on my ...