The Fed Is Cutting Interest Rates. But Here's Why Waiting to Refinance Your Mortgage Could Pay Off Even More
Should you refinance your mortgage in light of the Fed's rate cuts? Here's why holding off until the new year could work to your benefit.
The Fed Cut Interest Rates In November, And More Rate Cuts Are Coming
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
Most Gulf markets fall on Fed rate cut concerns
Most Gulf stock markets fell on Sunday after U.S economic data and comments from Federal Reserve officials pointed to a slower pace of interest-rate cuts.
Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that angered Americans and helped drive Trump’s election victory.
What the Fed rate cut means for mortgage interest rates
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside inflation. But it's been a bumpy ride back to the bottom in recent weeks. What, then, does this latest Fed rate cut mean for mortgage interest rates? That's what we'll break down below.
The Federal Reserve gives Americans another interest-rate cut
Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis-point interest-rate cut.
Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Strong US data feeds doubts about Fed December rate cut
By Howard Schneider WASHINGTON (Reuters) -Strong U.S. economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and extent of interest rate cuts as investors on Friday further downgraded their expectations for a rate reduction at the central bank's December meeting.
Traders See Just Over 50% Chance That Fed Cuts Rates in December
Bond traders are giving only slightly better-than-even odds to an interest-rate cut next month as resilient economic data empowers Federal Reserve officials to take a more cautious approach to easing.
Credit card rates have barely budged, despite interest rate cuts. Here's why
Credit card debt climbed $24 billion over a three-month stretch ending in September, soaring to a level 8% higher than where ...
Post-election stock rally fizzles as interest rate concerns grow
The S&P 500, Nasdaq and Dow all fell for the week, while pharmaceutical stocks slid after Trump picked anti-vaccine activist ...
Bank of Mexico lowers key interest rate, leaves door open to future cuts
The Bank of Mexico on Thursday lowered its benchmark interest rate by 25 basis points for a third straight meeting, ...
ABC News2d
Why credit card rates remain high, even after interest rate cuts
Debt holders may seek solace in a string of recent interest rate cuts at the Federal Reserve, which typically reduce borrowing rates for credit cards. But credit card interest rates have proven ...
CNET on MSN9d
Why You Should Care About the Fed's Interest Rate Decision Today
When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...
CNBC3d
Should I close my credit card if I have a high interest rate?
If you have a credit card with a high interest rate, or APR, you may be wondering if it's worth holding onto. And you have a valid point. Interest rate fees can add up quickly on credit cards ...
Economists give up on rate cuts. Investors and borrowers can too
Impossibly wedged between predicting the future and giving traders something to discuss, nobody wants to hear from the ...
Mortgage Rates Today, Nov. 15: Median Rate Falls to 6.88%
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 ...