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.

Topics

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

The central bank has now shaved a full percentage off its benchmark rate since September. Here's what it means for your borrowing costs.
CNBC - 40m
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 - 2h
Fed cuts interest rates, delivering relief for borrowers

The rate decision follows two consecutive months of rising inflation.
ABC News - 2h
The Fed cut interest rates by another 25 basis points—here’s what will get cheaper

The Fed has cut its benchmark interest rate by 1% since September, making borrowing cheaper for credit cards, loans and auto financing.
CNBC - 2h
Federal Reserve is likely to cut interest rates next week. Here's what that means for you

The third interest rate cut in a row is on deck, which is welcome news for consumers struggling to keep up with sky-high interest charges.
CNBC - 5d
Here's what could happen with mortgage rates this December, according to experts

Could the mortgage rate climate change in the final month of 2024? Here's what some experts think.
CBS News - Dec. 9
The Fed is on course to cut interest rates in December, but what happens next is anyone's guess

Friday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.
CNBC - Dec. 7
Why Powell and the Fed should pause interest-rate cuts in December

Some say November’s jobs data support holding monetary policy steady.
MarketWatch - Dec. 7
What's the mortgage interest rate forecast for December 2024?

If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.
CBS News - Dec. 3

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

Topics

Related

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

Fed cuts interest rate for third consecutive time

Fed cuts interest rates, delivering relief for borrowers

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

Federal Reserve is likely to cut interest rates next week. Here's what that means for you

Here's what could happen with mortgage rates this December, according to experts

The Fed is on course to cut interest rates in December, but what happens next is anyone's guess

Why Powell and the Fed should pause interest-rate cuts in December

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

More from CBS News

House conservatives revolt over GOP-backed spending bill

RFK Jr., Gabbard back on Capitol Hill for confirmation support

"Murder hornets" eradicated in the U.S., agriculture officials say

U.S. mulls ban on Chinese-made TP-Link routers over national security concerns

Fed lowers rates by 0.25 percentage point, but expects fewer cuts