The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
While the Freddie Mac survey found the 30-year fixed fell 11 basis points, other indicators, including the 10-year Treasury ...
The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years.
The Fed's 50 basis point cut seemed to cause markets both excitement and concern about the health of the US economy.
After plummeting earlier this week to their lowest levels since early 2023, refinance rates on 30-year, 20-year, and 15-year ...
The cut sets the federal funds rate target range at 4.75% to 5%. The effect could be especially good for variable and indexed ...
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
Echoing the Federal Reserve’s move to cut interest rates by a half-percentage point — marking the first rate reduction in ...
Donald Trump has argued that the Fed would only cut interest rates close to the election to help his political opponents.
Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...