After likely quarter-point rate cut, Fed may slow pace of drops if inflation stays
After slashing its key interest rate by a hefty half percentage point in September, the Federal Reserve is expected to lower rates by a more measured quarter point Thursday and several times next year as inflation continues to ease. But if the Fed veers ...
Should you lock in a mortgage rate after the November rate cut? Experts weigh in
Mortgage experts agree that the right time to lock in a rate depends on your situation. Making your move later this month could offer some advantages. But your timeline, financial readiness and local housing market should guide your decision. The choice isn't just about getting the lowest rate — you must find the right balance for your needs.
Another Fed rate cut is ahead but also likely is ongoing uncertainty after the election
Borrowers barely felt interest rates budge after the Fed's first rate cut back in September, and they're not about to get a big bang for their buck Thursday when the Federal Reserve makes its next move. Many economists and Fed watchers expect the central ...
Markets See Another Cut At November Fed Interest Rate Meeting
Markets expect the Federal Open Market Committee to cut interest rates again by 0.25% on November 7 with a larger cut currently viewed as unlikely.
Mortgage Rates Won't Drop Despite Another Fed Rate Cut. Here's Why
With today's presidential election outcome unclear, mortgage rate relief isn't coming soon. Economic and political uncertainty won't likely ease much before tomorrow's Federal Res
Investors Bet on Quarter-Point Rate Cut as Fed Meeting Looms
The U.S. election is grabbing all the headlines on Tuesday–but it's not the only vote that could move markets this week. The Federal Reserve will end its two-day November meeting on Thursday afternoon,
Fed Interest Rate Cuts Are Coming After Weak October 2024 Payrolls
The October payrolls were the weakest since December 2020. With just 12,000 net new jobs added during the month, more Federal Reserve interest rate cuts are coming.
What's a good HELOC interest rate now that rates are falling again?
F or borrowers looking to access some extra financing, interest rates play a key role in their considerations. Unfortunately, ...
Bank of Canada members do not see need for interest rate to be as restrictive, minutes show
The Bank of Canada's governing council felt its key borrowing cost was not needed to be as restrictive ahead of its Oct. 23 ...
Americans are probably getting another interest rate cut this week — just days after the election
It's likely that the Federal Reserve will cut interest rates by a quarter point on Thursday, closing out a busy week after ...
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What This Week's Fed Rate Cut Could Mean for Your Money
The Fed made a 0.5% rate cut on Sept. 18 and is projecting a smaller 0.25% cut on Nov. 7. Though one single interest rate cut ...
Interest rate forecast 2025: Consumers can expect lower rates
Assuming inflation remains near 2%, interest rates will likely continue to trend lower. The FOMC projects a fed funds rate of ...
Interest rates are going down. But mortgage rates are going ... up?
Interest rates are going down — but aspiring homeowners waiting for lower mortgage rates aren’t feeling relief.
RBA leaves borrowers waiting for interest rate relief
Add articles to your saved list and come back to them any time. Borrowers will have to wait until next year for interest ...
Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds
Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.