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 - 7 hours 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.

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 - 10 hours ago

Why mortgage rates could be heading to 8%, despite a possible 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 - 10 hours ago

Fed cuts interest rates days after election

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

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 ...

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.

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 - 8 hours ago

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 - Yesterday

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 ...

Trump’s win and the Fed’s rate cut are giving the stock market an open road

S&P 500 races ahead, and opportunities surface in solar power and crypto.

Business - MarketWatch - 6 hours ago

Mortgage rates stay high, sapping home-buying demand

Mortgage applications fell 6.7% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - October 23

Trump’s victory means fewer Fed rate cuts

“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.

Business - MarketWatch - Yesterday

10-year Treasury yield ends below 4-month high after Fed cuts rates again

Yields on long-dated U.S. government debt dropped from their highest levels since early July on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate cut.

Business - MarketWatch - 7 hours ago

Mortgage rates jump after Trump defeats Harris

Mortgage rates rose Wednesday morning as the financial markets reacted to Republican nominee Donald Trump winning the presidential election.

Business - MarketWatch - Yesterday

The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut

Strong economic data and a still-hot economy has made some experts wonder whether the central bank made the right call with its jumbo rate cut.

Business - Inc. - October 18

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 poised to look past US election uncertainty with quarter-point rate cut

Central bank expected to stay the course despite a distorted jobs report and unclear path for economic policy

Business - Financial Times - 4 days ago

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.

Top Trump economic adviser says big Fed rate cut was justified

Kevin Hassett is contender to replace Jay Powell as US central bank chair if Republican wins election

Business - Financial Times - October 18

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 - 6 days ago

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.

7% mortgage rates are a warning about who will win the election, economist says

Mark Zandi of Moody’s Analytics says rising mortgage rates offer clues about how investors are considering the postelection future of the U.S. economy

Business - MarketWatch - October 30

Fed Leaders Favor Rate Cuts, But Differ on Pace

Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.

Business - Inc. - October 22

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 - 5 hours 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 - 6 hours ago

Federal Reserve to Cut Rates Again Despite Unclear Post-Election Outlook

Two days after the election, the Federal Reserve will cut rates again.

Business - Inc. - 4 days ago

How the Fed's rate cut and this week's election made for record-breaking market rallies

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - 7 hours 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 - 9 hours 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.

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