Tag Archives: rates

New to the Fed, Miran Defends Calls for Sharper Reduction in Interest Rates – The New York Times

New to the Fed, Miran Defends Calls for Sharper Reduction in Interest Rates  The New York Times There’s no ‘material inflation from tariffs,’ says new central banker Stephen Miran  CNN Fed Governor Miran says he did not tell Trump how he would vote on rates this week  CNBC Federal Reserve’s Stephen Miran defends call for sharper interest rate cut  Financial Times New Fed Governor …

Read More »

Fed Chair Powell’s ‘Risk Management’ Comment Puts Upward Pressure on Mortgage Rates – Realtor.com

Fed Chair Powell’s ‘Risk Management’ Comment Puts Upward Pressure on Mortgage Rates  Realtor.com Federal Reserve Chair Powell Holds News Conference  C-SPAN Here are the 3 biggest ways the federal interest rate cut could impact your money  CBS News Powell Rallies Fed Colleagues as Economic, Political Risks Grow  Bloomberg.com Jerome Powell warns there’s ‘no risk-free path’ to avoid stagflation: ‘We have a situation where we …

Read More »

How much does a $500,000 mortgage cost monthly now that interest rates were cut?

How much does a 0,000 mortgage cost monthly now that interest rates were cut?

Before you take out a mortgage loan, it’s important to know what the monthly payments could be at today’s rates. MicroStockHub/Getty Images After months of waiting, borrowers have finally gotten the shift in monetary policy they’ve been waiting for. The Federal Reserve cut its benchmark interest rate by 25 basis points yesterday — marking the first cut of 2025 and …

Read More »

Why mortgage rates are actually going up after the Fed cut interest rates – MarketWatch

Why mortgage rates are actually going up after the Fed cut interest rates  MarketWatch The Fed just cut rates. But relief might not come quickly enough for some Americans  CNN How Fed cuts will impact mortgage, credit card and auto interest rates  Axios America’s monetary policy risks getting too loose  The Economist Fed rate cut expected but ‘real surprise’ is economic outlook, says quant …

Read More »

What to know about the Fed’s rate cut and mortgage rates

What to know about the Fed’s rate cut and mortgage rates

LOS ANGELES (AP) — Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it. As expected, the central bank delivered a quarter-point cut Wednesday and projected it would lower its benchmark rate twice more this year, reflecting growing concern over the U.S. job market. WATCH: Federal Reserve cuts interest …

Read More »

UK interest rates held at 4% but Bank warns ‘not out of woods’ on inflation

UK interest rates held at 4% but Bank warns ‘not out of woods’ on inflation

Dearbail JordanBusiness reporter Getty Images UK interest rates have been held at 4% as the Bank of England governor warned “we’re not out of the woods yet” in terms of rising inflation. Analysts had not expected interest rates, which influence borrowing costs and returns on savings, to be cut given that prices are rising at nearly twice the Bank’s target …

Read More »

Mortgage rates haven’t been this low in nearly a year. Thank the Fed — but not entirely

Mortgage rates haven’t been this low in nearly a year. Thank the Fed — but not entirely

Facebook Tweet Email Link The Federal Reserve’s rate cut this week is rippling through the housing market, sending mortgage rates lower and spurring a jump in refinancing. The 30-year fixed mortgage rate averaged 6.26% for the week ending September 18, down from 6.35% last week, according to data released Thursday by Freddie Mac. This is the fourth-straight week of declines …

Read More »

What Decides Where Mortgage Rates Go From Here – The Wall Street Journal

What Decides Where Mortgage Rates Go From Here  The Wall Street Journal Fed announces first rate cut in nine months, signals more reductions to come  CNN Federal Reserve shows unexpected unity, independence as it weathers Trump’s attacks  AP News America’s monetary policy risks getting too loose  The Economist Could the Federal Reserve interest rate cut boost the US housing market?  BBC Source link

Read More »

Interest rates held at 4% as Bank of England says UK ‘not out of the woods’ on inflation – live updates

Interest rates held at 4% as Bank of England says UK ‘not out of the woods’ on inflation – live updates

How do interest rates affect me?published at 12:51 BST 12:51 BST Michael RaceSenior business and economics reporter Image source, PA Media It’s the main question we all ask, but the answers depend on your individual circumstances. Broadly speaking though, when rates are increased, borrowing becomes more expensive and returns on savings go up. The opposite happens when rates are lowered. …

Read More »