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Fed Cut Rates. Mortgage Costs Went Up.
The Fed is lowering interest rates. So why are mortgage rates going up?
The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, they're higher. Why?
The Fed cut interest rates but mortgage costs jumped. Here's why
The average 30-year fixed rate mortgage spiked after the Federal Reserve cut rates. Experts say expectations for rate cuts in 2025 fueled the jump.
Fed Cuts Interest Rate by a Quarter Point, but Don't Expect Big Declines for Mortgages Yet
In remarks at a postmeeting press conference on Wednesday, Fed Chair Jerome Powell said that policymakers are now equally attuned to risks from both sides of the mandate, and would proceed cautiously with future rate cuts to avoid reigniting rapid inflation.
8h
on MSN
There’s now a 40% chance the Fed will pivot back to hiking rates again next year, top economist says
"For investors, it is starting to look similar to 2022—too high inflation, rising interest rates, and falling stock prices." ...
2d
on MSN
The case for a pause, a cut, or a hike: What markets see for rates after the Fed upended forecasts
Fed fund futures show the market believes the chance that the Fed won't cut interest rates at all next year have climbed ...
3d
on MSN
Fed cuts interest rates, delivering relief for borrowers at last meeting before Trump takes office
The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday, delivering relief for borrowers at ...
1d
on MSN
Rates can still go down 'a fair amount,' Chicago Fed's Goolsbee says
A "little more uncertainty" and noise in recent economic data prompted Chicago Fed President Austin Goolsbee to make his ...
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