On Wednesday, the Federal Reserve cut interest rates for the first time in nine months. The quarter percentage point cut aims to keep inflation in check and combat a challenging job market. As ...

The Fed cut interest rates for the first time this year, but those hoping for lower mortgage rates may be disappointed.

Shifts in Fed policy affect what people pay for credit cards, auto loans, mortgages, and other financial products.

The Federal Reserve’s first rate cut in nine months offers a limited short-term impact, but experts say it creates ...

Some reports say mortgage rates fell after the Fed’s cut, others say they rose. Here’s why headlines conflict—and why the Fed’s move isn’t the whole story.

Mortgage rates were at 6.37% for a 30-year fixed rate loan by midday Thursday, according to Mortgage News Daily, up 0.15 percentage points from Wednesday’s daily index of 6.22%, posted after the Fed ...

Homebuilder Lennar reported a 46% decline in third-quarter profit and forecast fourth-quarter home deliveries below Wall ...

Savers will be getting less of a bang for their buck as the Fed drops interest rates. While financial institutions tend to be slow to lower the rates they charge borrowers, they’re quicker to drop the ...

The average rate on a 30-year U.S. mortgage fell again this week, echoing a decline in long-term U.S. Treasury bond yields ...

Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on ...

Fed lowers rates by 0.25%, first cut in nine months. Mortgage and loan rates may drop, giving buyers more negotiating power in today’s housing market.

Adjustable-rate mortgages typically offer an initial fixed rate for five, seven, or ten years before the interest rate ...