Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates

Fed cuts interest rates a second time but economists say 2025 outlook uncertain
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
Fed Cut Interest Rates, So Why Do Mortgage Rates Keep Climbing?
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will potential homeowners see mortgage relief.
Federal Reserve lowers interest rates by 0.25 percentage points in second cut of 2024
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
The Federal Reserve cuts interest rates by a quarter point after election. Here's what that means for you
The second interest rate cut in a row will affect consumer borrowing costs. Here’s what it means for your credit card, mortgage rate, car loan and savings.
Federal Reserve cuts interest rates, days after election of Trump
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday, setting the latest path for borrowing costs just two days after the victory of President-Elect Donald Trump.
Today's Mortgage Rates, November 12, 2024 | Rates Drop Back Down
These are today's mortgage and refinance rates. Mortgage rates are down slightly today, but they're still higher than they've been in recent months.
Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
Following the Fed's 0.5% rate cut in September, mortgage rates went up, not down. Even though the central bank's policy decisions and economic outlook affect credit markets, the F
Refinance Rates Drop Again, to an Almost 3-Week Low
Mortgage refi rates have fallen for a second day, lowering the 30-year average to its cheapest level since mid-October. Most other loan types saw rates hold steady or drop.
Today's Mortgage Rates, November 11, 2024 | Rates Have Been High So Far This Month. When Will They Drop?
These are today's mortgage and refinance rates. Mortgage rates are expected to go down next year, but a resurgence of inflation could change that forecast.
What Fed’s latest rate drop means for your mortgage, credit cards, retirement and more
When the Federal Reserve cuts its key interest rate, the decision begins to ripple outwards, affecting everyone from credit card holders to car buyers to corporations. Reset talks with a personal finance expert about what you need to know about the recent rate cut as well as tips for saving for retirement in today’s economy.
Mortgage rates keep going up despite interest rate drop
The average 30-year mortgage rate remains high despite the Federal Reserve again dropping its key interest rate.
Today’s 30-year mortgage interest rates stay at 6.88% while 15-year terms remain at 6.13%
The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 12, which is unchanged from yesterday.
Trump has promised lower interest rates. That will be largely out of his control.
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...
Why mortgage interest rates may drop again this week
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them ...
Private student loan interest rates remain stable for 5-year terms, drop for 10-year terms
This means, 10-year fixed private student loans interest rates dropped by 0.14 percentage points and remained stable for ...
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How Mortgage Rates Will Change in 2025, According to Experts
The Federal Reserve cut its key interest rate by a quarter-point on Thursday as the central bank stuck to its decided course of action despite mortgage rates inching higher week after week. It was ...
Here's how far HELOC interest rates have dropped this year
HELOC interest rates have dropped by a significant margin since January. Here's what borrowers should know now.
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What Trump means for interest rates in South Africa
Donald Trump’s victory in the US election could force the South African Reserve Bank to act cautiously when it comes to ...
Bank of England cuts interest rates to 4.75%, in second reduction this year
Chancellor Rachel Reeves welcomes the cut, but says she is "under no illusion about the scale of the challenge facing ...