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

The Fed Cut Interest Rates In November, And More Rate Cuts Are Coming
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
Federal Reserve lowers interest rates by 0.25 percentage points in second cut of 2024
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
Federal Reserve cuts interest rates, days after election of Trump
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday, setting the latest path for borrowing costs just two days after the victory of President-Elect Donald Trump.
Federal Reserve Cuts Key Interest Rate For A Second Consecutive Meeting
The Fed lowered its key interest rate by a quarter point to 4.75%. TD Asset Management's Alex Gorewicz shares his views on the decision and the implications of the US elections on Fed policy
Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win
Despite the increase in rates, some home buyers were returning to the market, according to the Mortgage Bankers Association. The market composite index — a measure of mortgage a
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.
Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
Following the Fed's 0.5% rate cut in September, mortgage rates went up, not down. Even though the central bank's policy decisions and economic outlook affect credit markets, the F
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.

Jerome Powell, Fed and Trump

CBS News on MSN5d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.
with the average interest rate on a 30-year fixed-rate loan sitting at about 6.72%, according to Freddie Mac. That's up ...
USA TODAY on MSN5d
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 ...
CNET on MSN5d
Why You Should Care About the Fed's Interest Rate Decision Today
When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...
The Associated Press on MSN5d
Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that ...
NBC Los Angeles6d
Federal Reserve is set to cut interest rates by a quarter point
Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures that exasperated many ...
AOL5d
Here's the impact of the Fed's rate cut decision today
with the average interest rate on a 30-year fixed-rate loan sitting at about 6.72%, according to Freddie Mac. That's up ...
Yahoo Finance5d
How the Federal Reserve rate decision affects mortgage rates
Low interest rates make it less expensive to borrow ... a fixed-rate mortgage if rates trend downward. But with the Fed's recent decision to cut rates — a trend that could continue ...
FOMC Notches Another Unanimous Interest-Rate Decision
The Federal Open Market Committee unanimously voted to lower interest rates by a quarter of a percentage point on Thursday.