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Fed’s 1st rate cut in 4 years
What does the Fed interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the aftermath of the Fed’s rate cut on Wednesday, the yield on a 10-year Treasury bond ticked slightly upward, defying the nudge downward by the central bank.
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Federal Reserve cut interest rates for the first time in 4 years
CBS News business analyst Jill Schlesinger breaks down why the federal reserve made the decision to cut its benchmark interest rate and what this means for the economy.
14h
on MSN
The Fed is following its 1995 playbook — and that's great news for stocks and the economy
The Fed's cutting cycle in 1995 sparked an economic boom, with the stock market more than doubling in value by the end of the ...
3d
Fed rate decision will be big economic news this week. How much traders bet they'll cut
The Fed will announce its interest rate decision on Wednesday. Nearly all expect them to cut rates because of weakening signs ...
13h
on MSN
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
1d
Stocks Briefly Touch Record Highs After Fed Opts For Bigger Interest Rate Cut
Investors’ giddy reaction turned slightly negative to the hotly anticipated Federal Reserve decision to lower interest rates ...
1d
Fed chops key interest rate by a sizable half-point, turns focus to more jobs
The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown ...
1d
What has the Fed done in election years? Rate changes happen more often than not
The Federal Reserve's decision to cut interest rates by half a percentage point on Wednesday marked the closest the central ...
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