Markets Project Smaller 2024 Interest Rate Cuts On Better Jobs News
With recent, stronger jobs data markets expect the remaining cuts of 2024 to be 0.25% moves as chance of 0.5% cut fades.
Rate cuts were supposed to push mortgage rates lower. The opposite has happened.
Friday's blockbuster jobs report reinforced the surprising increase in mortgage rates, since economic strength means less chance of further rate cuts.
The Fed Just Cut Interest Rates. Could They Fall Even Further in 2025?
The Federal Reserve recently cut rates for the first time in more than four years. But this could be just the beginning. Find out what you need to know.
Fed Will Keep Cutting Rates Through March, Cabana Says
Mark Cabana, BofA global research head of US rates strategy, says the Federal Reserve will deliver a string of 25 basis point interest rate cuts through March of next year. Cabana also says a 10-year yield in the 4% to 4.
Market 'Too Optimistic' About Fed Rate Cuts, Wells Fargo Investment Says
The market is "too optimistic" about the Federal Reserve's monetary-policy easing, with Fed funds futures suggesting an additional 200 basis points of rate cuts by the end of 2025, Wells Fargo Investment Institute said Monday.
Here's Exactly When the Next Fed Rate Cut Might Happen -- and What to Do in the Meantime
The Fed has already lowered interest rates once this year and is likely to do it again. Read on to see when that might happen -- and what it means for you.
Update On Interest Rates: Is The Federal Reserve Shooting Blanks?
The Federal Reserve cut the interest rate by 50 basis points – and the market RAISED its rates by the same amount. The Fed ...
Today’s 30-year mortgage interest rates rise to 6.49%, while 15-year rates climb to 5.63%
Thinking about taking out a mortgage loan? Current mortgage rates rise to 5.63% for 15-year terms, while 30-year terms ...
Mortgage interest rates today: Rates are up
The current median interest rate is 6.49% for a 30-year fixed-rate mortgage and 5.63% for a 15-year fixed-rate mortgage.
‘It’s just sus’: Dave Ramsey responds to the Federal Reserve’s decision to cut interest rates weeks before the presidential election
When the Federal Reserve cut interest rates by 0.5% in September it was the first cut in four years. Dave Ramsey discussed ...
Worried About Plummeting Interest Rates? Here's How to Keep Earning Big With Your Savings
Many of the top savings accounts have reduced their interest rates. Learn about an overlooked method to keep getting the most ...
What could impact mortgage interest rates this fall?
When investors buy more Treasury bonds, their yields typically fall. Lenders often use these Treasury rates as a benchmark ...
Mortgage interest rates today: Rates are down
The current median interest rate is 5.990% for a 30-year fixed-rate mortgage and 5.125% for a 15-year fixed-rate mortgage.
Mortgage Interest Rates Today, October 7, 2024 | Why Are Rates Higher This Month? Blame the Strong Economy
Mortgage rates for October 7, 2024, are up near 6%, according to Zillow data. Recent labor market data has come in stronger ...
When will credit card interest rates drop below 20%?
Experts say card rates could decline at some point — but what will it take for these rates to drop significantly?