Refinancing is when you replace your current mortgage with a new one, often with the goal of lowering your interest rate and ...
An inverted yield curve has traditionally been considered a sign that a recession is coming. Investors in the bond market wish to lock in the highest yields possible, as they anticipate a period of ...
An inverted yield curve has traditionally been considered a sign that a recession is coming. Investors in the bond market wish to lock in the highest yields possible, as they anticipate a period of ...
The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...
Phones were ringing Thursday at local mortgage companies in the wake of the Federal Reserve’s Wednesday decision to drop its ...
A cut to the Fed's benchmark rate has consequences for debt, savings, auto loans, mortgages and other forms of borrowing by ...
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to ...
If you have a mortgage rate of 6.9% or higher, have a good credit score, and at least 20% equity in your home, it could pay ...
After plummeting earlier this week to their lowest levels since early 2023, refinance rates on 30-year, 20-year, and 15-year ...
After sinking to 2-year lows Tuesday, both the 30-year and 15-year mortgage rate averages have edged up a bit. Rate movement ...
Someone asked me if I had plans for the fall. It took me a moment to realize they meant ‘autumn’ and not the fall of ...
This week, the Federal Reserve announced a cut of 50 basis points (or half a percentage point) in the federal funds rate, which is the rate it charges its member banks. The expected effect will be ...