Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, also eased this week with the average rate falling from 5.27% to 5.15%. A ...

Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a ...

A host of economists I surveyed offered modest expectations after central bankers cut their benchmark interest rates for the ...

Mike Wood, the founder of mortgage lender Bailey & Wood Financial Group, talks Sept. 18, 2024, about the Fed's action.

This week the Federal Reserve cut interest rates for the first time in four years, making it easier to borrow money. But its ...

The Fed cutting the benchmark rate is considered a step in the right direction for real estate and finance industries.

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loans to a lower rate, ...

The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...

The Fed cut its benchmark interest rate by an unusually large half point on Wednesday. High interest rates for the last two ...

The Federal Reserve announced they were cutting the federal interest rate by half of a percent this week. That doesn’t come ...

But there is a fight that the central bank hasn’t won. Although it might not be its fight at all.

At the same time, mortgage rates measured weekly by Freddie Mac descended to 6.09% this week, the 30-year fixed rate’s lowest ...