The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
Santa Rosa Press Democrat1h
North Bay real estate, wealth insiders rejoice Fed rate cut
The Fed cutting the benchmark rate is considered a step in the right direction for real estate and finance industries.
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Columbia realtor doesn’t expect Wednesday’s interest rate cut to largely impact mortgage rates
This weeks federal interest rate cut effects everything from car loans to mortgage rates ... CEO Brian Toohey said mortgage ...
Electrek1h
Here’s how the Fed’s rate cut helps homeowners go solar
On Wednesday, the Fed cut interest rates by a half point, lowering the benchmark lending ... the interest rate is a critical part of the equation. Just like with a mortgage, the lower the interest ...
Housing market, economy expected to benefit from Fed slashing interest rates
Home buyers, sellers and realtors are celebrating on the heels of the Federal Reserve’s decision Wednesday to lower the lending rate a full half-point.
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Impact of Federal Reserve interest rate cut for borrowers
According to the Federal Reserve, the average auto interest rate is hovering around 8.2%. In 2019, it was 5.3%. Sign up for ...
What the federal reserve cut means for homebuyers in Sioux Falls
It's big news for homeowners and those looking to purchase a home. The Federal Reserve provided a major cut to rates this ...
The average 30-year mortgage rate has fallen to its lowest level since February 2023
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loans to a lower rate, ...
News4Jax2h
The Federal Reserve cut interest rates by a half point. But how does this impact you?
The Fed cut its benchmark interest rate by an unusually large half point on Wednesday. High interest rates for the last two ...
S&P 500, Dow hit record highs after Fed cuts rates. What it means for your 401(k).
Good news for those building up their 401(k)s: the Dow Jones Industrial Average and S&P 500 closed at record highs after the ...
Federal Reserve cuts interest rates, what does this mean for future economy?
The Federal Reserve has cut interest rates by 50 basis points, but what does this mean for the economy and how does this affect spending power? Managing director Jason ...