The Fed announced first rate cut in a long time last month, but the mortgage rates have continued to rise. Why is this?

Mortgage rates are increasing in recent weeks despite the Federal Reserve's decision to cut interest rates last month for the first time in four years.

With the Fed cutting rates again, home prices are unlikely to remain the same. Here's what some experts are predicting.

Rates on 30-year new purchase loans have been bobbing around the 6.5% mark for two weeks, and ended last week essentially ...

The Federal Reserve's jumbo-sized rate cut in September came too late to have much of an effect on banks' third-quarter ...

With the 10-year yield now up 51 bps since the close the day before September’s cut, the current period ranks as the third ...

In September 2024, Jerome Powell announced the first Federal Funds Rate cut in over four years. The Federal Funds Rate is a ...

When the Fed raises the target rate, banks increase their rates too, making credit more expensive and savings accounts more lucrative. Lowered rates, on the other hand, have the opposite effect.

Some” participants, however, supported only a quarter-point cut, while “a few others indicated they could have supported such ...

Mortgage rates dropped before the Fed’s last meeting, and have risen more than 50 basis points since. If you’re wondering why ...

Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of ...

An icon in the shape of a lightning bolt. Impact Link The Federal Reserve's jumbo interest-rate cut in mid-September was welcome news to prospective homebuyers, with the expectation that a lower ...