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Fed expected to cut interest rates despite rising inflation. Here's why
In theory, the trend would prompt the Fed to raise rates, or at least hold them steady, when central bankers meet next ...
The Fed slashed interest rates, but some credit card APRs aren’t going down. Here’s why.
But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average ...
30-Year Mortgage Rates Edge Higher for Second Day
After sinking most of three weeks and notching a 7-week low, 30-year mortgage rates have ticked up the last two days. Rate ...
Home equity rates fall across the board ahead of the Fed’s next meeting
Chief among them: changes to the Federal Reserve’s monetary policy. New home equity loans and HELOCs are tied to the prime ...
Mortgage refinance demand surges 27% as interest rates drop for the third straight week
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) ...
Refinance Rates Holding a Bit Above 8-Week Low
After notching their lowest level in eight weeks on Monday, 30-year refi rates have moved a bit higher the last two days. Rate movement was mixed for other refi loan types.
Federal Reserve to cut rates by 25 bps on Dec. 18, pause in January: Reuters poll
The U.S. Federal Reserve will cut interest rates by 25 basis points on Dec. 18, according to 90% of economists polled by ...