The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...
In short, it's unlikely that mortgage interest rates will fall much further in September, even if that doesn't mean that you ...
A cut to the Fed's benchmark rate has consequences for debt, savings, auto loans, mortgages and other forms of borrowing by ...
Say you've been holding off on signing or refinancing a mortgage because rates were stuck around 7%. Currently, the average ...
Preston Caldwell is senior U.S. economist for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, ...
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The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to ...
If you have a mortgage rate of 6.9% or higher, have a good credit score, and at least 20% equity in your home, it could pay ...
But let’s not get too excited. If you’re running a small business, this cut in interest rates will have little impact. To put ...
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
"The Fed’s decision was pretty aligned with market pricing," Zhao notes, so a major drop in mortgage rates is highly unlikely ...