Breathing Through Smog: Can Sun Salutations Still Work When the Air Is Rotten? In cities where the air often looks hazy even before sunrise, breathing itself can feel like work. From Delhi to Dubai, ...
Mortgage rates have been largely unchanged. The Federal Reserve slashed interest rates a quarter of a percentage point this week, delivering its third rate cut since September. The policy brightened ...
The Federal Reserve cut interest rates by a quarter point on Wednesday, as it was widely expected to, lowering borrowing costs for the third time since September. The latest cut brings the target ...
The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While each of the recent rate reductions has slowly chipped away at ...
The Fed cut its policy rate by 0.25% today and mortgage rates moved lower after the announcement. That said, those two developments are not related. In fact, there was no movement in the bonds that ...
When Federal Reserve officials gather Tuesday for their final two-day rate-setting meeting of the year, as much as half the room might not want a cut. But the final call will rest with Chair Jerome ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
A 30-year fixed mortgage currently hovers around 6.2%. The Federal Reserve has begun lowering interest rates at its last two meetings. High mortgage rates have made purchasing a home unattainable for ...
October’s lower mortgage interest rates anticipated today’s second consecutive Fed rate cut. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this ...
The neutral rate—the interest rate at which monetary policy is neither accommodative nor restrictive—is a theoretical concept that cannot be directly observed, only estimated. The neutral rate is an ...
The last time the Federal Reserve cut the federal funds rate was on Sept. 17 when the benchmark rate was reduced by a quarter point. The Fed cut rates three times in 2024. The average 30-year fixed ...