Mortgage rates increase despite Fed's rate cut

The Federal Reserve announced its third interest rate cut of the year this week. But despite the good news for consumers, mortgage rates are still rising. Bankrate senior industry analyst Ted Rossman joins "The Daily Report" to discuss.

Topics

How Fed Rates Influence Mortgages, Credit Cards, Savings and More

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.
The New York Times - 1d
How the Fed's rate cuts will affect Americans directly?

The Federal Reserve announced its third consecutive interest rate cut of the year on Wednesday, cutting its benchmark rate by a quarter point. Interest rates have now been slashed by a full ...
CBS News - 1d
Fed cuts interest rates, delivering relief for borrowers

The rate decision follows two consecutive months of rising inflation.
ABC News - 1d
What the Fed's December rate cut means for mortgage interest rates

Today's Fed rate cut could have an impact on mortgage rates — but there are other factors at play, too.
CBS News - 1d
Fed cuts interest rate for third consecutive time

The Federal Reserve has announced a quarter-point cut to its key interest rate for a third consecutive time in 2024. NBC News' Brian Cheung has details on the decision and what it could indicate ...
NBC News - 1d
Fed cuts interest rates by quarter point despite firmer inflation

The Federal Reserve cut interest rates by a quarter of a percentage point Wednesday, in line with market expectations, even as inflation has reaccelerated over the past two months. Fed officials ...
The Hill - 1d
Despite Fed cuts, many store credit cards are still charging customers extreme interest rates

Many credit cards offered by major retailers continue to charge exorbitant annual percentage rates (APRs), despite moves by the Federal Reserve to lower interest rates in the economy.
NBC News - 1d
Mortgage rates inch up ahead of Fed meeting

Mortgage applications fell 0.7% in the last week, the Mortgage Bankers Association said.
MarketWatch - 1d
Will the Fed signal a pause in rate cuts?

Market Questions is the FT’s guide to the week ahead
Financial Times - 4d

Mortgage rates increase despite Fed's rate cut

Topics

Related

How Fed Rates Influence Mortgages, Credit Cards, Savings and More

How the Fed's rate cuts will affect Americans directly?

Fed cuts interest rates, delivering relief for borrowers

What the Fed's December rate cut means for mortgage interest rates

Fed cuts interest rate for third consecutive time

Fed cuts interest rates by quarter point despite firmer inflation

Despite Fed cuts, many store credit cards are still charging customers extreme interest rates

Mortgage rates inch up ahead of Fed meeting

Will the Fed signal a pause in rate cuts?

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