Mortgage Interest Rates Today, Oct. 6, 2024 | Rates Up
Fed's Williams says interest rate should be cut 'over time', FT reports
The U.S. Federal Reserve should cut interest rates over time, Federal Reserve Bank of New York President John Williams told the Financial Times in an interview published on Tuesday. "I personally expect that it will be appropriate again to bring interest rates down over time,
Another big Fed interest rate cut coming? One economist says yes
Plus the week included a stop in Detroit by Lael Brainard, the director of the National Economic Council, who spoke to the Detroit Economic Club.
Mortgage Interest Rates Today, October 6, 2024 | Rates Up as Big Fed Cuts Become Less Likely
These are today's mortgage and refinance rates. Mortgage rates have inched up near 6% in response to expectations of smaller Fed cuts this year.
Fed's Kugler makes case for more rate cuts if inflation keeps easing
Federal Reserve Governor Adriana Kugler said on Tuesday she strongly supported the U.S. central bank's recent interest rate cut and will support further reductions if inflation continues to ease as she expects.
Mortgage rates take first jump in 7 weeks
The rate ticked up from 6.08% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.49%. Last week, the average rate slipped to its lowest level in two years, boosting home shoppers’ purchasing power as they navigate a housing market with prices near all-time highs.
Why Wall Street's Hopes for Big Interest Rate Cuts Have Dimmed, and What's Next
Investors on Monday continued to scale back their interest rate cut expectations after Friday's better-than-expected jobs ...
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What these homebuyers and owners told us an interest rate cut means to them
Last month, the Federal Reserve cut its benchmark interest rate by half a percentage point and signaled that more cuts ...
Fed's Musalem says more rate cuts likely but data will drive policy choices
Federal Reserve Bank of St. Louis President Alberto Musalem said on Monday he supports more interest rate cuts as the economy ...
Interest Rate Cuts Could Be a Catalyst for Growth Stocks: 2 Stocks to Buy and Hold
The relationship between interest rates and the stock market is complex and not set in stone, but equities could benefit from ...
Here's What The Interest Rate Cut Means For Retirees
Find out how the Federal Reserve’s interest rate cut could affect your retirement savings, investments, and mortgage payments ...
4 mortgage interest rate myths to know now
As mortgage interest rates cool, buyers (and homeowners looking to refinance) should be aware of these four myths.
Kenya Set for First Successive Rate Cut in Four Years
Kenya’s central bank is set to cut interest rates at a second straight meeting for the first time since the Covid-19 pandemic ...
Should I close my credit card if I have a high interest rate?
If your credit card has a high interest rate, you might want to try securing a lower rate. This means you’ll either need to ...
Update On Interest Rates: Is The Federal Reserve Shooting Blanks?
The Federal Reserve cut the interest rate by 50 basis points – and the market RAISED its rates by the same amount. The Fed ...
India’s Central Bank Moving Closer to Rate Cut
India’s new monetary policy committee may lay the ground for an interest rate cut on Wednesday as a wave of global easing kicks off and growth in the world’s fastest-expanding major economy moderates.