Fed cuts interest rates again
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The rate on a 30-year fixed refinance climbed to 6.35% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.38%, and for 20-year mortgages, the average is 6.
The Federal Reserve concluded its last meeting of the year with a widely anticipated 25 basis point cut to the federal funds rate (FFR), bringing it to a range of 3.50-3.75%.
(NewsNation) — The Federal Reserve has cut its benchmark interest rate for the first time in more than four years, which will have consequences for mortgage rates, car loans and credit card debt. The Fed's half-point rate cut is a major strategic shift ...
Currently, the average interest rate on a 30-year fixed mortgage is 6.27%, compared to 6.25% a week ago, according to the Mortgage Research Center. For borrowers who want to pay off their home faster,
Mortgage interest rates are gradually falling again. Here are three options with averages under 6% to consider now.
Interest rates play a crucial role in shaping the true cost of a used car. The more expensive the car, and the higher the rate, the more expensive the monthly payment will be. But by how much? There are a number of factors that influence your vehicle's ...
March Comex silver (SIH26) futures today hit a record high of $62.14 an ounce. Price action in silver this week has produced a bullish upside “breakout” from a bull flag pattern on the daily bar chart.
Surging interest rates have sparked the biggest meltdown on record for the 20+ year Treasury bond ETF. The iShares 20+ Year Treasury Bond ETF has declined 45% from its closing high in 2020. Bond losses could get even worse if the Federal Reserve continues ...