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US Fed cuts rate by quarter-point
How the Fed's Interest Rate Cut Could Impact Mortgage Rates
On Wednesday, the Federal Reserve announced its third interest rate cut of 2024. When the Fed pivoted to cutting interest rates this fall because of cooler inflation, many prospective homebuyers thought mortgage rates would immediately come down.
Dow plummets 1,100 points after Fed scales back plans for interest rate cuts
The stock market plunged on Wednesday after the Federal Reserve scaled back its expectations for interest rate cuts next year. The Dow Jones Industrial Average fell about 1,100 points, or 2.5%, the largest drop for the index since August.
Fed Just Cut Interest Rates But Signaled Fewer And Slower Future Cuts
An interest rate cut by 0.25% was widely expected. Fed projections of future interest rate cuts were projected to be fewer and slower than forecasted in September 2024.
12h
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 ...
14h
Mortgage rates poised to plummet following latest Fed decision
The final Fed rate cut of 2024 is here. Here’s everything you need to know about how the latest reduction will impact ...
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