Fed Still Expects Just 1 Rate Cut Next Year
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The Federal Reserve ordered another quarter-point cut to its federal funds rate, but not without dissents among the rate-setting committee.
Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, raised the odds on Wednesday that the Federal Reserve will pause its easing cycle at the next policy meeting in January.
The Federal Reserve cut interest rates a quarter point this week, but mortgage rates often move on their own. Here’s how they’ve reacted in the early aftermath.
The Federal Reserve cuts interest rates, but the 30-year fixed-rate mortgage rose 14 basis points higher. The 30-year went up from 6.13% to 6.27% per Mortgage News Daily after the Fed announcement because Federal Reserve Chair Jerome Powell indicated that ...
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How the Federal Reserve Affects Mortgage Rates — and What It Means for Homebuyers in 2025
When the Federal Reserve Board met in September, it cut rates for the first time this year. After holding them at 4.25% to 4.50% for months, rates now stand at 4.00% to 4.25%. While that might sound like a small change, the decision influences nearly every ...
After weeks of anticipation, the Federal Reserve trimmed its benchmark interest rate today, dropping the benchmark rate by another 25 basis points, marking its second rate cut of 2025. The move, which follows a similar quarter-point reduction in September ...
In recent months, inflation has picked up while hiring has slowed. The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its second interest rate cut this year in an effort to jumpstart the flagging ...
As expected, the Federal Reserve on Wednesday cut its target rate cut by ¼ point to a 3.75%-4.00% range. The drop marks the second rate cut this year, following the decline in the policy rate in September. Fed funds futures are still pricing in moderately ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And, there may be good news on the horizon for borrowers, who could see another Federal Reserve rate cut happen in October when ...
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