Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win

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. - November 6

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 - November 7

What a potential Fed rate cut could mean for the economy

As the Fed wraps up its two-day meeting, there's a chance of another interest rate cut. CBS News business analyst Jill Schlesinger joins "CBS Mornings Plus" to talk about the potential impact on ...

Top stories - CBS News - November 7

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 - November 7

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 ...

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 ...

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 - 6 days ago

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 - 5 days ago

U.S. Inflation Ticks Up to 2.6% in October, as Fed Considers Rate Cut

Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.

Business - The New York Times - Yesterday

Stocks end lower after Powell throws cold water on hopes for December interest-rate cut

The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.

Business - MarketWatch - 4 hours ago

Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates

A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.

Business - The New York Times - 5 hours ago

Fed Expected to Cut Rates Carefully Amid Inflation Pressures

Inflation is nearing the Fed’s 2 percent goal, but rate cuts will be cautious.

Business - Inc. - 4 hours 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

Mortgage rates surge higher on Trump victory, causing housing stocks to fall

Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.

Business - CNBC - November 6

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.

How Trump’s win and the latest interest-rate cut will affect you as a consumer, homeowner and investor

Also: Expensive stocks, a Medicare warning and another milestone for Nvidia.

Business - MarketWatch - 6 days ago

Small Business Owners More Confident About Borrowing After Rate Cut

Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.

Business - Inc. - October 29

Will home prices rise with more Fed rate cuts? Here's what experts think.

With the Fed cutting rates again, home prices are unlikely to remain the same. Here's what some experts are predicting.

We're buying more shares on the dip in this Fed rate-cut stock tied to housing

Some of this decline is probably due to profit-taking since the stock has gone straight up since Sept. 6.

Business - CNBC - October 22

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

Fed rate cuts were supposed to buoy small-cap stocks. What’s holding them back?

Small-cap stocks were widely expected to benefit most from the Federal Reserve’s interest-rate cuts — but that has yet to materialize.

Business - MarketWatch - October 26

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

Election-week Fed meeting won’t give markets the roadmap they want

Next Thursday, economists expect broad agreement among Fed Chair Jerome Powell and his colleagues on a decision to reduce the benchmark interest rate by a quarter-percentage point to a range of ...

Business - MarketWatch - November 4

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 - November 6

Why credit card debt forgiveness is worth it even with more Fed rate cuts

Another interest rate cut was just issued. Here's why you should still pursue credit card debt forgiveness anyway.

Top stories - CBS News - November 7

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 - November 7

Here's why Eli Lilly bounced back, plus mega-caps lag while staples stocks rise

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

Business - CNBC - 6 days ago

Latest in Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win

Fed May Cut Rates in Response to Tight Credit Conditions

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

What a potential Fed rate cut could mean for the economy

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

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

How the interest rate cut from the Fed could affect you

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

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

U.S. Inflation Ticks Up to 2.6% in October, as Fed Considers Rate Cut

Stocks end lower after Powell throws cold water on hopes for December interest-rate cut

Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates

Fed Expected to Cut Rates Carefully Amid Inflation Pressures

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

Mortgage rates surge higher on Trump victory, causing housing stocks to fall

Will mortgage interest rates fall this November?

How Trump’s win and the latest interest-rate cut will affect you as a consumer, homeowner and investor

Small Business Owners More Confident About Borrowing After Rate Cut

Will home prices rise with more Fed rate cuts? Here's what experts think.

We're buying more shares on the dip in this Fed rate-cut stock tied to housing

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

Fed rate cuts were supposed to buoy small-cap stocks. What’s holding them back?

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

Election-week Fed meeting won’t give markets the roadmap they want

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

Why credit card debt forgiveness is worth it even with more Fed rate cuts

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

Here's why Eli Lilly bounced back, plus mega-caps lag while staples stocks rise

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