Mortgage Rates Went Up Right after the Fed Cut Interest Rates Heres Why

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - 2 days ago

What the Fed rate cut means for mortgage interest rates

Another Fed rate cut is now official. Here's what that could mean for mortgage interest rates.

Top stories - CBS News - 2 days ago

What will happen to mortgage rates after this week's Fed rate cut?

The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.

Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.

Why mortgage rates could be heading to 8%, despite a Fed cut

The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.

Business - MarketWatch - Yesterday

Here's what to expect with the Fed's next interest rate cut looming

On Thursday, the Federal Reserve will announce its latest decision on whether to cut its benchmark interest rate again. CBS News business analyst Jill Schlesinger breaks down what to know.

Top stories - CBS News - 2 days ago

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

Business - CNBC - 2 days ago

What the Fed rate cut means for HELOC interest rates

The Federal Reserve issued another cut to the federal funds rate this week. Here's what it could mean for HELOC rates.

Why mortgage rates are back up to nearly 7%

The average 30-year mortgage rate has surged over the course of October, returning to highs last seen in the summer.

Business - MarketWatch - October 24

The Fed is expected to cut interest rates again Thursday. Here's everything you need to know

Markets are pricing in a near-certainty that the FOMC will lower its benchmark rate by a quarter percentage point.

Business - CNBC - 3 days ago

The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper

With interest rates declining, borrowing costs for credit cards, personal loans, and auto financing should get a bit cheaper, saving a few bucks on most loans.

Business - CNBC - 2 days ago

Will UK interest rate cut make mortgages and loans cheaper?

Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.

Mortgage rates inch up to a 3-month high ahead of Fed meeting

Mortgage applications fell 10.8% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - 3 days ago

Interest rate cut expected from Fed, U.S. markets surge after Trump election win

Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald ...

Top stories - CBS News - 2 days ago

Watch live: Fed Chair Jerome Powell speaks after interest rate cuts

Federal Reserve Chair Jerome Powell will remarks Thursday afternoon as the independent central bank prepares to cut interest rates for a second time. The decision comes after the administration ...

Politics - The Hill - 2 days ago

Will mortgage interest rates fall this November?

Mortgage rates are poised to fluctuate in November, but in what direction? Here's what to know now.

Wall Street reacts to Trump win as Fed weighs interest rate cut

President-elect Trump’s victory spurred a surge on Wall Street with the Dow Jones, S&P and Nasdaq reaching record highs. It comes as the Federal Reserve is weighing another interest rate cut with a ...

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - 2 days ago

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.

Business - The New York Times - 2 days ago

What does the Fed's interest rate cut say about the state of the economy?

The Federal Reserve cut interest rates for the second time this year just days after the end of a presidential race in which inflation played a big role. CBS News MoneyWatch correspondent Kelly ...

Top stories - CBS News - 2 days ago

How the interest rate cut from the Fed could affect you

Federal Reserve Chair Jerome Powell announced an interest rate cut Thursday for the second time in the last three months as inflation continues to decline. CBS News contributor Javier E. David has ...

Here's what to expect with the Fed's rate cut decision on Thursday

The Federal Reserve will make a rate cut decision on November 7. Here's what economists expect.

As the Fed cuts rates, here’s which CDs are actually increasing their APYs

The general trend since September has been lower CD yields, but some are going in the opposite direction

Business - MarketWatch - Yesterday

The Federal Reserve cuts interest rates by a quarter point after election. Here's what that means for you

The second interest rate cut in a row will affect consumer borrowing costs. Here's what it means for your credit card, mortgage rate, car loan and savings.

Business - CNBC - 2 days ago

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.

Business - CNBC - November 1

Why you should open a CD even as the Fed continues to cut rates

An additional Federal Reserve rate cut is expected to be issued this week. Here's why you should open a CD anyway.

Why the stock market can count on another Fed rate cut in December

The trend in short-term rates leading up to the U.S. presidential election usually persists.

Business - MarketWatch - 10 hours ago

Should you lock in a mortgage rate after the November rate cut? Experts weigh in

Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.

Fed’s Waller calls for rate cut caution after ‘disappointing’ data

Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcome

World - Financial Times - October 15

Will gold's price fall after this week's Fed rate cut?

The Fed rate cut could have a big impact on gold prices this week, but that impact may not be what you'd expect.

What's the mortgage interest rate forecast for November 2024?

After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.

How far will mortgage interest rates fall in November?

Wondering whether mortgage rates will drop further in November? Here's what experts have to say about it.

What will happen to home equity loan rates after this week's Fed rate cut?

Another Fed rate cut is expected this week. Here's what that could mean for home equity loan rates.

Mortgage Rates Went Up Right after the Fed Cut Interest Rates Heres Why

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