How the Fed's Interest Rate Cut Could Impact Mortgage Rates
The Fed doesn't directly set mortgage rates, but it influences them by making changes to the federal funds rate, the interest rate that banks charge one another for short-term loans. The Fed's decisions alter the price of credit, which has a domino effect on mortgage rates and the broader housing market over the long term.
After the Federal Reserve cut interest rates in its final decision of the year, Powell said tariffs could add uncertainty to ...
The Dow Jones Industrial Average shed 2.6%, or 1,123 points, closing at 42,327. The S&P 500 lost nearly 3%, closing at 5,872.
Wall Street Journal on MSN11h
Fed Signals Intent to Slow Interest-Rate Cuts After Approving Quarter-Point ReductionThe latest cut, approved by 11 of 12 Fed voters, will lower the Fed’s benchmark federal-funds rate to a range between 4.25% ...
Officials penciled in fewer cuts than expected, sending major indexes lower.
The Hong Kong Monetary Authority (HKMA) on Thursday cut its base interest rate charged via the overnight discount window by ...
The blue chip Dow Jones Industrial Average is on the brink of its lengthiest stretch of declines since 1974, a rut marked ...
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