Despite the Fed's first interest rate cut in years, it may be too soon to refinance your mortgage. Here's why

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

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

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

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

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

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.

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

Larry Fink says the Fed won't cut interest rates as much as markets expect this year

"I do believe we have greater embedded inflation in the world than we've ever seen," Fink said.

Business - CNBC - October 29

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.

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.

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 ...

Fed May Cut Rates in Response to Tight Credit Conditions

This week, the central bank will likely announce reduced interest rates as low demand for loans continues.

Business - Inc. - 3 days ago

BoE expected to cut interest rates despite looser fiscal policy

UK central bank focused on longer-term picture of slowing inflation even as Budget predicted to increase near-term demand

World - Financial Times - 5 days ago

Fed cuts rates by quarter point: What it means for your money

The Federal Reserve announced it will lower interest rates by a quarter point. It’s a decision that impacts everything from home loans to credit cards. NBC’s Christine Romans joins TODAY to break ...

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

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.

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.

Business - Inc. - October 30

Gold may not reach a price ceiling anytime soon. Here’s why.

The rally in gold showed little sign of a slowdown on Thursday, even as futures prices for the precious metal touched their highest intraday level on record — for the 33rd time so far this year.

Business - MarketWatch - October 18

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

China cuts interest rates in battle to hit year-end growth target

Beijing steps up efforts to reboot economy amid mounting pressure to achieve goal of about 5% growth

World - Financial Times - October 21

Powell: Fed won't 'speculate' about Trump's impact on economy

The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor ...

Politics - The Hill - 2 days ago

Here's how far HELOC interest rates have dropped this year

HELOC interest rates have dropped by a significant margin since January. Here's what borrowers should know now.

Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation

A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting U.S. interest rates to make sure inflation ...

Business - MarketWatch - October 14

How to rethink cash as the Fed cuts interest rates, according to top financial advisors

The U.S. Federal Reserve cut interest rates in September, and more cuts are expected at least into 2025. Earnings on cash are expected to fall as well.

Business - CNBC - October 23

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

Latest in Despite the Fed's first interest rate cut in years, it may be too soon to refinance your mortgage. Here's why

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

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

What the Fed rate cut means for mortgage interest rates

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

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

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

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

Fed cuts interest rates days after election

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

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

Larry Fink says the Fed won't cut interest rates as much as markets expect this year

What the Fed rate cut means for HELOC interest rates

Will UK interest rate cut make mortgages and loans cheaper?

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

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

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

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

How the interest rate cut from the Fed could affect you

Fed May Cut Rates in Response to Tight Credit Conditions

BoE expected to cut interest rates despite looser fiscal policy

Fed cuts rates by quarter point: What it means for your money

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

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

Will mortgage interest rates fall this November?

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Gold may not reach a price ceiling anytime soon. Here’s why.

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

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

China cuts interest rates in battle to hit year-end growth target

Powell: Fed won't 'speculate' about Trump's impact on economy

Here's how far HELOC interest rates have dropped this year

Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation

How to rethink cash as the Fed cuts interest rates, according to top financial advisors

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

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

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