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

Sticky inflation might make it more tricky for Fed rate cuts, CPI could show
A rapid slowdown in the rate of U.S. inflation appears to have lost steam, potentially raising questions about how aggressively the Federal Reserve will cut interest rates early next year.
Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years. Prospective homebuyers are eager for a silver lining in the housing market. But experts don't anticipate dramatically lower rates before the end of the year.
Mortgage Rates Today, Nov. 7: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage
What the Fed rate cut means for HELOC interest rates
The Federal Reserve issued another cut to the federal funds rate this week. Here's what it could mean for HELOC rates.
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.
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 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.

South Africa’s unemployment rate drops

Today's Best Savings Accounts Still Pay Almost the Highest Rate in Two Decades—Up to 5.50%
Despite the Federal Reserve cutting interest rates last week, the nation's best high-yield savings accounts still include ...
Reuters19h
Brazil c.bank warns of extended rate-hike cycle if inflation expectations worsen
Central bank's action crucial to steer inflation expectations back to 3% target Market inflation expectations remain above ...
CBS News on MSN5d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.
The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after ...
As Argentina's inflation rate cools, consumers still feel squeezed
Argentine President Javier Milei's dramatic austerity agenda has helped lower inflation, but the slowdown has come at the ...
Reuters on MSN5h
Indian shares set for muted start as rising inflation dampens domestic rate cut hopes
Nov 13 (Reuters) - Indian shares will likely open little changed on Wednesday after a rise in October retail inflation ...
Michigan gives DTE approval for $113.8M gas rate hike: What it means for your bill
In regulatory filings, DTE officials said the rate increase is needed to meet rising operational and maintenance costs.
USA TODAY on MSN4d
Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
How to Calculate the Break-Even Interest Rate on Bonds
To calculate the break-even interest rate, you need to know the yields to maturity and the number of years left before the ...
Hysterics as Woman Tests Boyfriend in 'Love Island' 'Heart Rate' Challenge
For those unfamiliar with the Love Island heart rate episode, it's a fan-favorite segment of the show where each contestant ...