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Fed 50-Basis-Point Rate Cut Could be Seen

The New York Times · 1d

30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut

The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.

What the Fed’s rate cut means for the US economy

In a widely anticipated move, the Federal Reserve announced on 18 September, 2024, that it was cutting its benchmark interest rate by half a percentage point to a range of 4.75% to 5% – the first time the cost of borrowing has been lowered in four years.

How far will mortgage interest rates drop this week?

The Fed is set to issue its first rate cut since 2020 this week. Here's how far mortgage interest rates could then drop.

1don 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.

How will September’s Fed interest rate cut affect the housing market?

The one of the major problems in the US housing market today is ... have been coming down seeing their fastest drops ...

3hon MSN

Should you refinance your mortgage? Here’s what to consider

In early August, refinance applications were up nearly 60% versus the same period a year earlier, according to the Mortgage ...

18hon MSN

More people putting their homes on the market in Palm Beach County as interest rates drop

A balanced market where neither the buyer or seller have the upper hand happens when there is 5.5 to six months supply of ...

2d

Mortgage Rates Are Coming Down. When Does It Make Sense To Buy Or Refinance?

Borrowers are finally starting to see signs of hope. Mortgage rates are at their lowest point in 18 months—and expected to ...

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