The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
The North Bay Business Journal1h
North Bay real estate, wealth insiders rejoice Fed rate cut
The Fed cutting the benchmark rate is considered a step in the right direction for real estate and finance industries.
ABC 17 News1h
Columbia realtor doesn’t expect Wednesday’s interest rate cut to largely impact mortgage rates
This weeks federal interest rate cut effects everything from car loans to mortgage rates ... CEO Brian Toohey said mortgage ...
Housing market, economy expected to benefit from Fed slashing interest rates
Home buyers, sellers and realtors are celebrating on the heels of the Federal Reserve’s decision Wednesday to lower the lending rate a full half-point.
The average 30-year mortgage rate has fallen to its lowest level since February 2023
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loans to a lower rate, ...
S&P 500, Dow hit record highs after Fed cuts rates. What it means for your 401(k).
Good news for those building up their 401(k)s: the Dow Jones Industrial Average and S&P 500 closed at record highs after the ...
News4Jax2h
The Federal Reserve cut interest rates by a half point. But how does this impact you?
The Fed cut its benchmark interest rate by an unusually large half point on Wednesday. High interest rates for the last two ...
Redwood Trust Series A Preferred: Harvesting A Progressively Scarce 10% Yield-To-Call
Redwood Trust's niche in the jumbo mortgage market and recent dividend increase signal strong financial health. Learn more on ...
Fox 42h
What does a half point cut mean for Southwest Florida's housing market?
"Now they can afford more so they can go from $300,000 to maybe qualifying for $350,000," Tim Hart with VanDyk Mortgage said when referring to the cost of a home.
WTVC2h
Interest rate cuts by Federal Reserve could help those hoping to buy a home
It's something many Americanshave been highly anticipating: theFederal Reserve cut interest rates for the first time in 4 ...
KOLR10 & Ozarks Local News2h
Local impact of the federal interest rate drop
The Federal Reserve announced they were cutting the federal interest rate by half of a percent this week. That doesn’t come ...