What does the Fed interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
The Federal Funds rate 2024: Interest rate set by the Federal Reserve
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Bank of Japan keeps key interest rate steady as it treads cautiously on normalizing policy
The decision came as the central bank seeks to wean its economy off the long-held ultra-easy monetary policy and curb the yen ...
An Interest Rate Cut
That’s because rate cuts tend to help the party in power. Lower interest rates boost the economy by making it cheaper for ...
US goes big with first interest rate cut in four years
The US central bank has cut interest rates by more than expected in its first reduction in over four years. The Federal ...
Winners And Losers From The Fed’s Interest Rate Decision
The Federal Reserve just cut interest rates by 50 basis points, citing cooling inflation and signs of economic slowdown. This ...
BOJ keeps interest rate steady, upgrades view on consumption
The Bank of Japan kept interest rates steady on Friday and revised up its assessment on consumption, signaling its confidence ...