Fed Cuts Rates
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Want to know how this week's Fed rate cut impacted the mortgage rate climate? Here are the latest interest rates.
Rates on savings accounts are about the same compared to a week ago. You can now earn as much as 5.84% on your savings. Shopping for an account where you can put some money aside? Here’s a look at some of the best savings rates you can find today.
The Daily Overview on MSN
Fed rate cut could lift jobs or tame prices. Your wallet pays
The Federal Reserve is once again weighing how far and how fast to cut interest rates, and the stakes reach far beyond Wall Street. A lower policy rate can support hiring and growth or help cool stubborn price pressures,
Petroleum futures and U.S. stocks were both rising after a delayed September readout of the Federal Reserve's Personal Consumption Expenditure index was lower than expected, suggesting the central bank may be more willing to drop interest rates when it meets next week.
Today, the mortgage interest rate on a 30-year fixed mortgage is 6.33%, according to the Mortgage Research Center. On a 15-year fixed mortgage, the average rate is 5.45%, and the average rate on a 30-year jumbo mortgage is 6.