Here’s what you should know about buying a home ahead of a likely interest rate cut
On Wednesday, the Federal Reserve is widely expected to cut interest rates after keeping them at a 23-year high for more than a year, fueling hopes that America’s sluggish housing market might soon turn a corner.
What the Fed rate cut means for mortgages, loans and credit cards
The Federal Reserve has made its first rate cut in 14 months, with more expected in 2024. Here are the smart money moves to consider.
Something big is happening in the housing market: What Fed rate cuts will actually do
On Wednesday, Fed Chair Jerome Powell announced that the central bank would begin cutting Fed interest rates, starting with a .50 percentage point (50 bps) cut this month. The Fed also signaled that additional cuts were likely in their final two meetings this year in November and December, and more next year.
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.
Should you borrow home equity now that the Fed has cut rates?
Compare your home equity options now. Should you borrow home equity now that the Fed's cut rates? The Federal Reserve's decision to
Federal reserve cuts rates by half a point. How will Oklahoma mortgage rates be impacted?
The Federal Reserve cut interest rates by half a point Wednesday, and mortgage rates often move in tandem. Here's what that could mean for Oklahoma.
Will mortgage interest rates fall further in September?
In short, it's unlikely that mortgage interest rates will fall much further in September, even if that doesn't mean that you ...
Mortgage interest rates today: Rates hold steady
The current median interest rate is 5.990% for a 30-year fixed-rate mortgage and 4.990% for a 15-year fixed-rate mortgage.
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Despite Lower Interest Rates, Housing Market Still Faces Obstacles
“During the pandemic, a huge number of homeowners refinanced their mortgages to take advantage of record-low rates. Nearly 60 ...
Here's how far mortgage rates have dropped already this year
In the first week of January, mortgage rates averaged around 6.62%, already elevated compared to historical norms. By late ...
Wells Fargo sees further rally in home improvement stocks if Fed sets measured guidance
Home improvement stocks appear on the cusp of advancing further if the Federal Reserve delivers firm forward policy guidance, ...
Mortgage rates are coming down — and home buyers are ready to pounce
Homebuyers are rushing to take advantage of lower mortgage rates following the Federal Reserve’s recent interest rate cut.
US home builder confidence edges up as rate cut looms
U.S. home builder confidence edged up in September as mortgage rates fell, breaking four months of consecutive declines, but ...
Will lower interest rates make homes in Iowa more affordable? Here's what to know
After the Federal Reserve lowered its benchmark interest rate by 0.5% Tuesday, will rates on mortgages and car loans fall?
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Wells Fargo Bank Decreases Prime Rate to 8.00 Percent
Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 8.00 percent from 8.50 percent, effective tomorrow, Sept. 19, 2024. About Wells ...