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Fed's Powell Says No Need to Hurry Rate Cuts
What the Latest Fed Rate Cut Means for Mortgage Interest Rates
When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a particularly surprising move. At that point, the Fed was expected to make its first rate cut of the year in response to cooling inflation.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut rates amid a strong economy.
Mortgage Rates Today, Nov. 14
Mortgage Rates Today, Nov. 14: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.25% for a 15-year fixed-rate mortgage
Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms stay at 6.25%
The median interest rate on a 30-year fixed-rate mortgage is 6.99% as of November 14, which is 0.11 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.25%, which is unchanged from yesterday.
Mortgage Rates Fell, Then Rose. What Comes Next?
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.
13h
on MSN
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
18h
Refinance Rates Hold Roughly Steady for Most Loan Types
Wednesday, but overall, refinance rates were essentially flat. Jumbo refinance loans were among those seeing a modest decline ...
CBS News on MSN
1d
Inflation's up again. Here's what it could mean for mortgage interest rates.
This uptick underscores the challenges facing the Federal Reserve, which began easing interest
rates
in September in ...
The Boston Globe
19h
Trump, the Fed, and an almost inevitable showdown over interest rates
At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest
rates
in ...
6h
on MSN
South African Reserve Bank to cut rates 25bps to 7.75% on Nov. 21 - Reuters poll
The South African Reserve Bank will cut its repo rate next week as slowing inflation continues to make way for a series of ...
21h
on MSN
High rates of preterm birth and infant deaths get the US another D+ grade: ‘It’s a travesty’
Being rushed to a hospital nearly two hours away, in the middle of a dangerous spring storm – with fear in her heart and ...
1d
One of the Most Popular College Majors Has One of Highest Rates of Depression
One of the most popular college majors saw some of the highest growing rates of depression, according to a recent survey from ...
1d
on MSN
Trump’s economic agenda for his second term is clouding the outlook for mortgage rates
Homebuilding sector analysts at Raymond James and Associates see mortgage rates remaining “higher for longer,” given the ...
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